2 589 W King Edward Ave, Vancouver, BC, MLS^® R3079438

Welcome to 2 589 W King Edward Avenue, a charming property located in the heart of Vancouver, BC, listed as MLS^® R3079438. I'm delighted to be your guide through this vibrant community, highlighting its unique features and what makes it an ideal place to call home.

As we begin our tour, let's start with the local schools. The property is conveniently located 0.4 km from Edith Cavell Elementary School, which boasts a rating of 7.1/10. Families love this area because of its excellent educational institutions, and Edith Cavell Elementary is no exception. Just down the road, you'll find Vancouver Talmud Torah Elementary School, an independent school with an impressive rating of 9.3/10, located 0.67 km from this home.

For secondary education, St. John's International is the closest independent school, located 1.61 km from this property. While it doesn't have a rating, it's a well-regarded institution in the community.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. The overall crime rate indicates a typical urban environment. However, it's essential to note that the year-by-year change in the total crime rate is -14.94%, showing a decline in criminal activity.

When it comes to specific crimes, the drug crime rate is average, with a rating of 229.49 and 1,604 incidents in 2020. The year-by-year change in the illegal substances offences ranking is 1.58%. Property crimes are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-by-year change in the property misconduct rate is -20.80%. Lastly, the violent crime rate is below average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Now, let's explore the neighbourhood's amenities. The closest bus station is King Edward Station @ Bay 1, located just 0.12 km away from this property, making it an ideal location for commuters.

In terms of demographics, 51.4% of the population holds a university certificate or degree, which is high compared to other BC neighbourhoods. On the other hand, 8.3% of the population has no certificate or degree, which is low compared to the average in BC.

The median household income in this area is $83,861, which is above average compared to the British Columbia average. The median personal income is $43,215, which is also high compared to the BC average. However, 52.8% of households in this census subdivision have a mortgage, which is below average.

Unemployment rates in the area are 6.7%, which is below average compared to other province neighbourhoods. This area has experienced above-average population growth between 2011 and 2016, with a 4.4% increase.

The population density per square kilometre is 4,526.9, which is high. The average size of families in the area is 2.8, which is below average compared to the whole region. However, 59.5% of families in this area have children, which is average. The percentage of married or living common-law couples is 54.1%, which is below average.

The average age of the population is 40.9, which is average compared to other BC cities. The average value of dwellings in this neighbourhood is $1,793,194, which is high compared to other areas in British Columbia.

Renters make up 42.9% of the population in this area, which is above average compared to other BC cities and areas. However, the average owner payments are high in this area, with $1,835 spent on average for dwellings.

In terms of transportation, 29.5% of the population uses public transport, which is high. On the other hand, 45.6% of the population uses cars, which is low. 9.1% of people use bicycles, which is high, and 14.7% of the population walks, which is also high.

As your trusted realtor, I'm excited to share more about this fantastic community and why 2 589 W King Edward Avenue, Vancouver, BC, MLS^® R3079438, is an excellent property to consider. Come and explore this charming neighbourhood with me, and I'll show you why it's the perfect place to call home.