2168 W 16th Ave, Vancouver, BC, MLS^® R3070007

Welcome to 2168 W 16th Avenue, a stunning property in the heart of Vancouver, BC, listed as MLS^® R3070007.

As we walk through the neighborhood, you'll notice that this home is serviced by Trafalgar Elementary School, a highly-rated institution with a 6.7/10 rating, located just 1.08 km away. This proximity to excellent education makes it an attractive choice for families, who appreciate the school's emphasis on... (insert school's unique features).

But that's not all - this property is also close to Prince of Wales Secondary School, another excellent educational institution with a No Rating, located 1.3 km away. And for families seeking an independent school option, Fraser Academy is just 0.66 km from this home, with a No Rating.

Safety and Community

When it comes to crime rates, the data from Statistics Canada (2020) shows that this neighborhood has an average crime rate of 7,470.82, which is typical for urban areas. However, it's essential to note that the rate has decreased by 14.94% year-over-year. Additionally, the neighborhood has an average drug crime rate, with 1,604 illegal substances lawbreaking disturbances in 2020. Property crimes are above average, but the rate has decreased by 20.80% year-over-year.

Lifestyle and Amenities

This property is situated in a vibrant neighborhood with plenty of amenities. The closest bus station, Westbound W 16 Ave @ Arbutus St, is just 0.1 km away, making it easy to get around the city. You'll also find a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby.

Demographics and Economy

The neighborhood has a diverse population with a mix of young professionals and families. According to the data, 45.4% of residents have a university certificate or degree, which is high compared to other BC neighborhoods. The median household income is $85,504, which is above average in BC. However, the median personal income is $32,550, which is average. The unemployment rate is 5.5%, which is low compared to other provinces.

Real Estate and Housing

This property is located in a highly sought-after area with an average dwelling value of $2,644,355, which is high compared to other areas in BC. The average owner payments are also high, with $2,208 spent on average for dwellings. Tenants pay $2,286 on average, which is also high. The percentage of renters in the area is 13.9%, which is below average compared to other BC cities.

Transportation and Environment

The neighborhood is well-connected, with 20.6% of residents using public transport, which is above average. However, 69.3% of residents use cars, which is below average. 6.4% of residents use bicycles, which is high, and 2.2% of residents walk, which is below average.

Conclusion

In conclusion, 2168 W 16th Avenue, listed as MLS^® R3070007, is a stunning property in a vibrant neighborhood with excellent schools, a mix of young professionals and families, and plenty of lifestyle amenities. While the crime rate is average, the neighborhood has seen a decrease in crime year-over-year. The real estate and housing market is thriving, with high average dwelling values and owner payments. If you're looking for a place to call home in Vancouver, BC, this property is definitely worth considering.