18 6788 Oak St, Vancouver, BC, MLS^® R2956537

Welcome to 18 6788 Oak Street, a charming residence nestled in the heart of Vancouver's South Cambie neighborhood, listed with MLS^® R2956537. As we walk through this incredible property, you'll notice its proximity to some of the city's top-rated schools.

Just down the road, you'll find Dr. Annie B. Jamieson Elementary School, a highly-rated institution with an 8.3/10 rating. This beautiful school is located just 0.67 km from 18 6788 Oak Street, making it an ideal choice for families. As a local realtor, I can assure you that families love this area because of its excellent educational opportunities.

Moving on, Sir Winston Churchill Secondary School is another highly-regarded institution in the area, with a No Rating available. However, its proximity to 18 6788 Oak Street, at just 0.45 km, makes it a convenient option for students. The Vancouver Hebrew Academy, an independent elementary school, is also nearby, located 1.34 km from this property. For secondary education, the Pacific Torah Institute is just 1.07 km away.

Now, let's talk about safety in the neighborhood. According to the 2020 crime statistics from Statistics Canada, this area experienced 52,217 disturbances, with a rate of 7,470.82 incidents per 100,000 population. While this may seem high, it's essential to note that this rate is Average compared to other Canadian cities. In fact, the year-over-year change in the total crime rate is a notable -14.94%, indicating a trend towards safer streets.

As we explore the area around 18 6788 Oak Street, Vancouver, BC, you'll notice that the drug crime rate is Average, with 1,604 illegal substances lawbreaking disturbances in 2020. The property crimes in the neighborhood are Above Average, with 35,089 incidents in 2020. However, the violent crime rate is Below Average, with 9,168 incidents in 2020, and a rate of 1,311.69 incidents per 100,000 population.

Public transportation is readily available, with the Southbound Oak St @ W 49 Ave bus station just 0.24 km away from this property with MLS^® R2956537.

The neighborhood surrounding 18 6788 Oak Street is predominantly populated with individuals holding a university certificate or degree, with a rate of 41.5%, which is High compared to other BC neighborhoods. On the other hand, 11.9% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property is $71,467, which is Average in comparison to the British Columbia average. The median personal income is $25,422, which is Low in comparison to the BC average. Notably, 41.1% of households in this area have a mortgage, which is Low compared to other neighborhoods.

Unemployment rates in the area are Low, with a rate of 5.2%, making it an attractive option for those looking for stable employment opportunities.

This area has experienced an average population growth rate of 0.1% between 2011 and 2016, which is Average in comparison to the region's average growth rate.

The population density in this area is 3,403.7 people per square kilometer, which is Above Average. Additionally, the average size of families in this area is 3, which is Above Average compared to the whole region. Notably, 69.7% of families in this area have children, which is High, while 56.3% of the population is married or living common law, which is Average.

The average age of the population in this area is 43.6, which is Above Average compared to other BC cities.

As for real estate, the average value of dwellings in this neighborhood is $2,931,338, which is High compared to other areas in British Columbia. Notably, the average owner payments for dwellings in this area are High, with an average of $2,407 spent by owners. Tenants, on the other hand, pay an average of $1,637, which is also High.

In conclusion, 18 6788 Oak Street, Vancouver, BC, MLS^® R2956537, offers a unique blend of excellent schools, safe neighborhoods, and convenient access to public transportation. Whether you're a family looking for a new home or an investor seeking a solid property, this residence is an excellent choice.

As a local realtor with years of experience, I invite you to explore this property and experience the charm of Vancouver's South Cambie neighborhood for yourself. Contact me today to schedule a viewing and let me guide you every step of the way.