1505 89 Nelson St, Vancouver, BC, MLS^® R3079560

Welcome to 1505 89 Nelson Street, a stunning property located in the heart of vibrant Vancouver, BC.

As we step into this beautiful neighborhood, you'll find that it's served by the esteemed Lord Strathcona Community Elementary School, just a short 1.03 km stroll away. This community-focused school has established itself as a hub for local families, providing a nurturing environment that fosters growth and development.

As you explore the area, you'll also discover that King George Secondary School is nearby, situated approximately 2.26 km from this charming property. This school is renowned for its academic excellence and commitment to community engagement.

For families seeking an independent school experience, The Westside School is conveniently located mere steps away from 1505 89 Nelson Street, offering a unique and personalized education for students. Similarly, Lowell High School is another independent institution that's easily accessible, providing students with a rich and engaging learning environment.

Safety and Security

Let's take a closer look at the crime statistics in this area. According to the latest data from Statistics Canada (2020), there were 52,217 reported incidents in the neighborhood surrounding 1505 89 Nelson Street, Vancouver, BC. This translates to an overall crime rate of 7,470.82 incidents per 100,000 population. In comparison to other Canadian cities, this rate is Average. Notably, there has been a 14.94% decrease in total crime rates over the years.

Breaking down the crime statistics, we see that the drug crime rate near this property is Average, with a rating of 229.49. Conversely, property crimes in the neighborhood are Above Average, with a rating of 5,020.27. The violent crime rate is, however, Below Average, standing at 1,311.69 incidents per 100,000 population.

Community and Demographics

As we delve into the demographics of this area, we find that 56.5% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, only 3.6% of the population has no certificate or degree, a Low percentage in comparison to the average in BC.

The median household income near 1505 89 Nelson Street, Vancouver, BC is $78,822, which is Above Average in comparison to the British Columbia average. The median personal income is $47,376, also High in comparison to the BC average. Furthermore, 70.6% of households in this census subdivision have a mortgage, which is High.

Transportation and Lifestyle

This real estate is perfectly situated near a bus station, Westbound Expo Blvd @ Nelson St, just 0.05 km away from this property with MLS^® R3079560. The neighborhood offers a unique blend of urban living, with easy access to public transportation and a variety of amenities.

As we explore the area, we find that 19.2% of the population uses public transport, which is Above Average. In contrast, 37.5% of the population relies on cars, which is Low. Cycling is also a popular mode of transportation, with 2.8% of the population using bicycles, and 38.6% of the population walking, both of which are Above Average.

Neighborhood Highlights

This property is located in the heart of Yaletown, a vibrant and diverse neighborhood that's known for its upscale living, trendy restaurants, and boutique shopping. The average value of dwellings in this neighborhood is $756,218, which is High in comparison to other areas in British Columbia.

In terms of housing costs, the average owner payments are High in the area, with owners spending an average of $1,811 per month. Tenants are also paying a premium, with an average of $1,803 per month.

Final Thoughts

As we conclude our tour of 1505 89 Nelson Street, Vancouver, BC, MLS^® R3079560, we hope you've gained a deeper understanding of this unique and desirable property. From its excellent schools to its vibrant community, this property offers the perfect blend of urban living and access to amenities. Whether you're a first-time buyer or a seasoned investor, this property is sure to impress.

Key Features:

• Lord Strathcona Community Elementary School: 1.03 km away
• King George Secondary School: 2.26 km away
• The Westside School: 0.35 km away
• Lowell High School: 0.49 km away
• Average crime rate: 7,470.82 incidents per 100,000 population
• Average household income: $78,822
• Average personal income: $47,376
• 70.6% of households with a mortgage
• 19.2% of population uses public transport
• 37.5% of population