1706 1238 Melville St, Vancouver, BC, MLS^® R3061290

Welcome to 1706 1238 Melville Street, Vancouver, BC - MLS^® R3061290

As we walk through the vibrant neighborhood surrounding this stunning property, I'm excited to share with you the unique features that make this location truly special. Let's start with the schools - a top priority for many families.

Education at Your Doorstep

Lord Roberts Annex is the closest elementary school to this beautiful home, located just 0.66 km away. With a No Rating, this school is a great option for families who value a safe and supportive learning environment. Additionally, King George Secondary School is another excellent choice, situated 0.8 km from the property with a No Rating. Both schools offer a range of academic programs and extracurricular activities to cater to diverse interests and abilities.

Safety and Security

When it comes to safety, the data speaks for itself. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate of 7,470.82, which is typical for urban areas. To put this into perspective, there were 52,217 disturbances in 2020, indicating a relatively low crime rate compared to other Canadian cities. Furthermore, the drug crime rate is average, with 1,604 incidents reported in 2020. Property crimes are above average, but with a significant year-on-year decrease of 20.80%, this trend is promising.

Community and Lifestyle

Coal Harbour, where this property is located, boasts a diverse population with a high percentage of university-educated individuals (57.4%), making it an attractive area for professionals and families. The median household income is $71,774, which is average for British Columbia. However, the median personal income is $39,381, indicating a relatively high standard of living in this community. Unemployment rates are below average, standing at 6.4%.

Demographics and Growth

The population density in this area is high, with 16,333.9 people per square kilometer. Family structures are diverse, with an average family size of 2.5, which is lower than the regional average. The percentage of families with children is 43.2%, and the number of married or common-law couples is 54.2%, both of which are below average. The average age of the population is 40.2, indicating a relatively youthful community.

Real Estate and Lifestyle

The average value of dwellings in this neighborhood is $1,325,746, which is high compared to other areas in British Columbia. Owner payments are also high, with an average of $2,045 spent on dwellings. Tenants, on the other hand, pay an average of $1,845, which is also high. However, 55.8% of the population in this area are renters, which is higher than the regional average.

Transportation and Commuting

Public transportation is easily accessible, with the closest bus station, Eastbound W Pender St @ Jervis St, located just 0.05 km away. The use of public transport is above average, with 16.2% of the population relying on it. Cars are less popular, with 32.2% of the population using them, while 2% use bicycles, and 48.5% walk, indicating a strong emphasis on pedestrian-friendly infrastructure.

Your New Home Awaits

As we conclude our tour of this vibrant neighborhood, I hope you can envision yourself living in this stunning property at 1706 1238 Melville Street, Vancouver, BC - MLS^® R3061290. With its excellent schools, safe community, and high standard of living, this is an opportunity you won't want to miss. Contact me today to schedule a viewing and make this beautiful home your own.