1550 Palmerston Ave, West Vancouver, BC, MLS^® R3062166

Welcome to 1550 Palmerston Avenue, a beautiful home for sale in West Vancouver, BC!

As we walk through this stunning property, I want to share with you the wonderful community that surrounds it. Located in the heart of West Vancouver, this home is within walking distance to some of the best schools, amenities, and transportation options in the area.

Schools

The closest elementary independent school to this home is Collingwood School, with a rating of No Rating. It's located a convenient 2.1 km from 1550 Palmerston Avenue, MLS^® R3062166. This school is part of the private Collingwood School system, offering a well-rounded education to its students.

Just down the road, you'll find Collingwood School, the closest secondary independent school to this address, also with a rating of No Rating. Located 2.1 km from this home, it's an excellent option for families who value a private education.

Crime

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a low overall crime rate of 4,969.41 per 100,000 population. Compared to other Canadian cities, this rate is considered low. In fact, the year-over-year change in the total crime rate is a significant -10.40%.

Transit

Just a stone's throw away from this home is the Southbound 15 St @ Ottawa Ave bus station, located a mere 0.07 km from 1550 Palmerston Avenue, MLS^® R3062166. This makes it easy to hop on the bus and explore the surrounding area or commute to work.

Demographics

This neighbourhood is home to a diverse group of residents, with 48.6% of the population holding a university certificate or degree, which is considered high compared to other BC neighbourhoods. In contrast, only 9.4% of the population in this area has no certificate or degree, which is low compared to the average in BC.

The median household income in this area is a respectable $92,928, which is above average compared to the British Columbia average. Meanwhile, the median personal income is $35,968, which is average compared to the BC average.

Lifestyle Amenities

This community offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. Residents can enjoy a variety of outdoor activities, such as hiking, biking, or simply taking a leisurely walk.

Real Estate Context

The average value of dwellings in this neighbourhood is a substantial $3,192,847, which is high compared to other areas in British Columbia. Meanwhile, the average owner payments are also high, with homeowners spending an average of $2,892 per month on their dwellings. Tenants, on the other hand, are paying an average of $2,362 per month, which is also high compared to other cities.

Unemployment Rate

The unemployment rate in this area is a low 5.2%, which is lower compared to other province neighbourhoods.

Population Growth

The population change between 2011 and 2016 in this community was -1.3%, which is below average compared to the average growth rate of this region.

Transportation

The majority of residents in this area use cars to get around, with 84.2% of the population using vehicles. However, 1.7% of residents use bicycles, which is above average, and 2.9% of residents walk, which is below average. Additionally, 9% of residents use public transport, which is average.

Language

The majority of residents in this area speak English, with 83.4% of the population speaking only English. However, 7.1% of residents speak neither English nor French, which is high compared to other BC cities.

Property Type

15.2% of the population in this area are renters, which is below average compared to other BC cities and areas.

In summary, 1550 Palmerston Avenue, West Vancouver, BC, MLS^® R3062166, is a wonderful home for sale in a great community. With its proximity to top-rated schools, low crime rate, and excellent transportation options, this property is an excellent choice for families and individuals alike.