206 3089 Oak St, Vancouver, BC, MLS^® R3080573

Welcome to 206 3089 Oak Street, a stunning property located in the heart of Vancouver's vibrant Fairview neighborhood. As your trusted realtor, I'm excited to share with you the unique features and benefits of this fantastic community.

First, let's talk about the schools. Your children would have the pleasure of attending Emily Carr Elementary School, located a mere 0.89 km from this beautiful home. While Emily Carr Elementary doesn't have a rating, its proximity to this property makes it an attractive option for families. If you're looking for alternative options, Blessed Sacrament School, an independent elementary school, is a short 0.54 km away with an impressive rating of 9.2/10. For secondary education, St. John's International, a highly-regarded independent school, is about 1.21 km from this address.

Now, let's talk about safety. According to the latest statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. Compared to other Canadian cities, this is an average rate, giving you peace of mind when it comes to living in this community. Moreover, the crime rate has shown a decline of -14.94% over the years.

When it comes to specific types of crimes, drug-related offenses are at an average rate of 229.49, with a corresponding 1,604 incidents in the neighborhood in 2020. The good news is that the rate of drug-related offenses has seen a modest increase of 1.58% year-over-year. Property-related crimes, on the other hand, are above average, with a rating of 5,020.27 and 35,089 incidents in the neighborhood in 2020. However, it's reassuring to know that the rate of property-related crimes has decreased by -20.80% over the years.

Violent crimes, thankfully, are below average in this neighborhood, with a rate of 1,311.69 incidents per 100,000 population. This is a welcome statistic, given the concerns many families have about safety.

As for transportation, you'll find the Westbound W 16 Ave @ Oak St bus station just 0.1 km away from this property, making it easy to get around the city.

Now, let's talk about the community. The Fairview neighborhood, where 206 3089 Oak Street is located, is home to a diverse group of residents. Interestingly, 51.6% of the population in this neighborhood holds a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 3.7% 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 in this neighborhood is $59,975, which is below average compared to the British Columbia average. However, the median personal income is $43,493, which is high compared to the BC average. A notable statistic is that 46% of households in this neighborhood have a mortgage, which is low compared to other neighborhoods.

Unemployment rates in this area are low, standing at 4.1%, which is a welcome statistic for job seekers.

When it comes to growth and demographics, the population in this neighborhood has increased by 5.5% between 2011 and 2016, which is above average compared to the average growth rate in this region.

The community is also characterized by high population density, with 14,532.5 people per square kilometer. This is a unique aspect of living in this neighborhood, with many amenities and services within walking distance.

Family dynamics in this neighborhood are also worth noting. The average size of families is 2.3, which is low compared to the whole region. Similarly, 28.6% of families in this neighborhood have children, which is low. However, 42.2% of the population is married or living in a common-law relationship, which is low compared to other neighborhoods.

In terms of age, the average age of the population in this neighborhood is 42.4, which is average compared to other BC cities.

The average value of dwellings in this neighborhood is $747,629, which is high compared to other areas in British Columbia. This is a significant aspect to consider when thinking about investing in this property.

When it comes to housing payments, owners in this neighborhood spend an average of $1,252 per month, while tenants pay an average of $1,237 per month, which is above average compared to other cities.

Finally, 75.2% of the population in this neighborhood are renters, which is high compared to other BC cities and areas. However, 83.5% of the population speaks only English, which is below average.

In terms of transportation, 30.5%