1801 1088 Richards St, Vancouver, BC, MLS^® R3068627

Welcome to 1801 1088 Richards Street, a vibrant neighborhood in Vancouver's heart!

As we step into this beautiful community, you'll discover a treasure trove of amenities and attractions that make it an attractive choice for families and professionals alike. Let's start with the education system, which is a top priority for many of our clients. The property is serviced by Lord Strathcona Community Elementary School, located just 0.94 km away. With a No Rating, this school is a great option for families who value a strong education system.

In addition to Lord Strathcona Community Elementary School, this home is also served by King George Secondary School, situated 1.74 km from the property. While King George Secondary School also has a No Rating, it's a testament to the excellent education options available in this neighborhood.

For those seeking independent school options, The Westside School is the closest elementary school, located just 0.62 km from this home. With a No Rating, it's an excellent choice for families who prefer a smaller, more personalized learning environment. Pattison School, another independent secondary school, is also nearby, with a No Rating and located just 0.45 km from this address.

A Safe and Secure Community

But what about safety? The freshest crime data from Statistics Canada (2020) reveal that this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. While there were 52,217 volation disturbances in this neighborhood, the rate is comparable to other urban areas. In fact, the year-over-year change in the total crime rate is a remarkable -14.94%.

When it comes to specific types of crime, the neighborhood surrounding 1801 1088 Richards Street has an Average drug crime rate, with 1,604 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offences ranking is a modest 1.58%. Property crimes in the neighborhood are Above Average, with 35,089 property misconduct incidents in 2020. However, the year-over-year change in the property misconduct rate is a significant -20.80%.

Violent crime rates are also relatively low, with 9,168 violent lawbreaking disorders in 2020. The rate of 1,311.69 is Below Average compared to other BC municipalities. The year-over-year change in the violent crime rate is a small 3.53%.

Convenient Transit Options

Getting around Vancouver is easy, thanks to the convenient transit options in this neighborhood. The closest bus station is Northbound Seymour St @ Nelson St, just 0.18 km away from this listing with MLS^® R3068627.

Demographics and Lifestyle

So, who lives in this vibrant neighborhood? With 52% of people holding a university certificate or degree, this area is High compared to other BC neighborhoods. In fact, only 5.5% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this dwelling is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average in comparison to the BC average. A whopping 73.7% of households in this area have a mortgage, which is High compared to other neighborhoods.

Unemployment and Population Growth

Unemployment rates in this area are Low, at 4.3%, compared to other province neighborhoods. This bodes well for the local economy and job market.

In terms of population growth, this neighborhood has seen a significant increase of 21.5% between 2011 and 2016, which is High compared to average growth rates in this region.

Community Amenities and Services

This neighborhood is surrounded by a wide range of community amenities and services, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. With a population density of 31,632.3 people per square kilometer, this area is High compared to other neighborhoods.

Real Estate Context

In terms of real estate, the average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are High, at $1,621, while tenants are paying $1,478, also High compared to other cities.

A notable 58% of the population in this district are renters, which is High compared to other BC cities and areas. The majority of residents, 86.8%, speak only English, which is Below Average. However, 11.4% of the population speaks both English and French, which is Above Average.

Transportation and Commuting

When it comes to transportation, 22% of