2304 89 Nelson St, Vancouver, BC, MLS^® R3046226

Welcome to 2304 89 Nelson Street, a stunning property located in the heart of Vancouver, BC, with MLS listing R3046226. As your trusted realtor, I'm excited to guide you through the community and highlight its many attractive features.

Education

Our property is serviced by the highly-rated Lord Strathcona Community Elementary School, just a 1.03 km stroll away. This school boasts a No Rating, but families love the community spirit and commitment to academic excellence. In addition, King George Secondary School is a short 2.26 km drive away, also with a No Rating.

For families who prefer independent education, The Westside School is conveniently located just 0.35 km from our property, also with a No Rating. Alternatively, Lowell High School is a mere 0.49 km away, also with a No Rating.

Crime Rates

According to the latest crime statistics from Statistics Canada (2020), our neighbourhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. While there were 52,217 reported disturbances in our area, the year-over-year change in the total crime rate is a reassuring -14.94%.

Breaking down the crime rates further, we see that the Drug crime rate near our property is Average, with a rating of 229.49 and 1,604 reported incidents in 2020. The year-over-year change in the illegal substances offences ranking is a relatively small 1.58%.

In contrast, Property crimes in our neighbourhood are Above Average, with a rating of 5,020.27 and 35,089 reported incidents in 2020. However, the year-over-year change in the property misconduct rate is a positive -20.80%.

Violent Crime Rates

Fortunately, our neighbourhood has a Below Average violent crime rate, with 9,168 reported incidents in 2020 and a rate of 1,311.69. This is a reassuring 3.53% year-over-year change.

Transit

For commuters, our property is just a short 0.05 km walk from the Westbound Expo Blvd @ Nelson St bus station. With a range of transportation options available, residents of 2304 89 Nelson Street can easily get around the city.

Demographics

Our neighbourhood is a hub of academic excellence, with 56.5% of residents holding a university certificate or degree – that's High compared to other BC neighbourhoods. In contrast, just 3.6% of residents in our area have no certificate or degree, which is Low compared to the average in BC.

Income and Employment

The median household income in our neighbourhood is a healthy $78,822, which is Above Average compared to the British Columbia average. Meanwhile, the median personal income is a respectable $47,376, also High compared to the BC average. A significant 70.6% of households in our area have a mortgage, which is High compared to other neighbourhoods.

Unemployment and Population Growth

Unemployment in our area is a Low 5.5%, which is reassuring compared to other province neighbourhoods. Meanwhile, the population growth in our area between 2011 and 2016 was a healthy 6.7%, which is Above Average compared to the average growth rate of this region.

Community and Lifestyle

Our neighbourhood is known for its high population density, with an impressive 14,953.4 people per square kilometre. While this may be a challenge for some, it also means that there are plenty of amenities and services available within close proximity.

The average family size in our area is a relatively small 2.4, which is Low compared to the whole region. However, 36.5% of families in our area have children, which is Low compared to other neighbourhoods. Meanwhile, 52.8% of residents in our area are married or living common law, which is Below Average compared to other BC cities.

Property Values and Rentals

The average value of dwellings in our neighbourhood is a respectable $756,218, which is High compared to other areas in British Columbia. Meanwhile, the average owner payments are High, with owners spending an average of $1,811 per month on their dwellings. Tenants in our area are also paying a High average of $1,803 per month.

Language and Transportation

A significant 51.6% of residents in our area are renters, which is High compared to other BC cities and areas. However, 86.7% of residents in our area speak only English, which is Below Average compared to other neighbourhoods. Meanwhile, 2.6% of residents in our area speak neither English nor French, which is Above Average compared to other BC cities.

Transportation and Commuting

Just 19.2% of residents in our area