2502 499 Pacific St, Vancouver, BC, MLS^® R3066513

Welcome to 2502 499 Pacific Street, a stunning property nestled in the heart of Vancouver, BC. As we take a walk through this vibrant neighborhood, I'm excited to share with you the unique characteristics that make this area truly special. With its prime location and exceptional amenities, it's no wonder why families and individuals alike adore this community.

Schools

Let's start with the local schools, which are a top priority for many of our clients. Elsie Roy Elementary School, rated 6.1/10, is just 0.37 km away from our property with MLS^® R3066513. Families love this area because of its excellent educational opportunities, and Elsie Roy is no exception. Additionally, King George Secondary School, with no rating available, is a 1.91 km walk from our home, providing students with access to a comprehensive secondary education.

For those seeking an independent school experience, Anchor Point Montessori is just 0.44 km away, with no rating available. Meanwhile, Pattison School, also with no rating available, is a 0.8 km walk, offering students an alternative education path.

Crime

According to the latest crime data from Statistics Canada (2020), our neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. With 52,217 disturbances reported in 2020, we can confidently say that our area is safe and secure. In fact, the year-over-year change in the total crime rate is a notable -14.94%. This means that our neighborhood is becoming even safer and more desirable.

Breaking down the crime statistics, we see that the drug crime rate is Average, with 1,604 incidents reported in 2020. The property crime rate is Above Average, with 35,089 incidents reported in 2020. However, the violent crime rate is Below Average, with 9,168 incidents reported in 2020.

Demographics

Our neighborhood is a thriving community with a diverse population. According to the latest census data, 47% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Meanwhile, 4.8% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in our area is $55,936, which is Below Average compared to the BC average. However, the median personal income is $40,817, which is Above Average in comparison to the BC average. A notable 72.8% of households in our area have a mortgage, which is High.

Transit

Convenience is key when it comes to transportation, and our neighborhood excels in this area. The closest bus station, Westbound Pacific St @ Richards St, is just 0.02 km away from our property with MLS^® R3066513. With public transportation so readily available, commuting is a breeze.

Lifestyle Amenities

Our neighborhood is teeming with lifestyle amenities that cater to all interests. From parks and beaches to trails and dog parks, there's no shortage of outdoor activities to enjoy. Shopping malls, grocery stores, restaurants, and coffee shops are all within walking distance, making it easy to live, work, and play in our community.

Real Estate Context

The average dwelling value in our area is $705,201, which is High compared to other areas in British Columbia. With an average owner payment of $1,746, our neighborhood is a great place to invest in real estate. Meanwhile, tenants are paying an average of $1,369 per month, which is also High.

Interestingly, 65.6% of the population in our area are renters, which is High compared to other BC cities and areas. This suggests that our neighborhood is a popular choice for those looking for a convenient and affordable place to live.

Additional Insights

Our neighborhood is a vibrant and diverse community with a unique character. With a population density of 34,624.2 people per square kilometer, it's no wonder why our area is so desirable. The average size of families in our area is 2.2, which is Low compared to the whole region. Meanwhile, 24.4% of families in our area have children, which is also Low.

The average age of the population in our area is 38.6, which is Below Average compared to other BC cities. This suggests that our neighborhood is a great place for young professionals and families to call home.

In conclusion, 2502 499 Pacific Street is a stunning property nestled in the heart of Vancouver, BC. With its prime location, exceptional amenities, and safe and secure environment, it's no wonder why families and individuals alike adore this community. I invite you to explore this beautiful neighborhood and experience it for yourself.