2545 Palmerston Ave, West Vancouver, BC, MLS^® R3036928

Welcome to 2545 Palmerston Avenue, a stunning property in the heart of West Vancouver, BC, listed under MLS^® R3036928. As we walk through this beautiful neighborhood, I'm excited to share with you the unique features and highlights that make this area truly special.

Education

Just down the road from this lovely home, you'll find Collingwood School, a highly-rated independent school that's perfect for families. With a rating of No Rating, Collingwood School is located just 0.69 km from this property, making it an excellent option for those looking for top-notch education. Collingwood School is not only known for its academic excellence but also for its strong sense of community, which is a big part of what families love about this area.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts a Low crime rate, with 2,339 incidents per 100,000 population. Compared to other Canadian cities, this is a very safe area, with a crime rate of 4,969.41. In fact, the year-over-year change in the total crime rate is -10.40%, which is a significant decrease. You'll feel at peace of mind knowing that you're living in a secure and stable community.

Demographics

This neighborhood is home to a diverse group of residents, with 48.6% of the population holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, only 9.4% 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 $92,928, which is Above Average compared to the British Columbia average. You'll also notice that the median personal income is $35,968, which is Average compared to the BC average.

Transit

Convenience is key, and with the Westbound Queens Ave @ 2500 Block bus station just 0.12 km away from this property, you'll have easy access to public transportation. Whether you're commuting to work or running errands, you'll appreciate the proximity to buses and other transportation options.

Lifestyle Amenities

This neighborhood is filled with lifestyle amenities that make it an ideal place to call home. From parks and beaches to trails and dog parks, you'll find plenty of opportunities to stay active and enjoy the great outdoors. The nearby shopping malls, grocery stores, restaurants, and coffee shops will keep you connected to the community and provide everything you need to live a comfortable and convenient lifestyle.

Real Estate Context

As a seasoned realtor, I can tell you that this property is a rare find in a highly sought-after neighborhood. With an average value of dwellings in this area being $3,192,847, which is High compared to other areas in British Columbia, you'll appreciate the value and prestige that comes with owning a home in this community. The average owner payments are High in this area, with owners spending an average of $2,892 on their dwellings. Tenants are also paying a High average of $2,362 in this district, which is a great indicator of the area's desirability.

Additional Insights

This neighborhood is home to a diverse group of residents, with 15.2% of the population being renters, which is Below Average compared to other BC cities and areas. The population density per square kilometer is 496, which is Average, and the average size of families is 2.9, which is Average compared to the whole region. The percent of families with children is 64.5%, which is Above Average, and the percent of married or living common law is 62.9%, which is also Above Average.

Unemployment Rate

The unemployment rate in this area is 5.2%, which is Low compared to other province neighborhoods. This is a great indicator of the area's economic stability and growth potential.

Population Change

The population change between 2011 and 2016 was -1.3%, which is Below Average compared to the average growth rate of this region. However, this neighborhood is still a great place to invest in, with a strong sense of community and plenty of opportunities for growth.

Transportation

In this area, 9% of the population uses public transportation, which is Average, while 84.2% of the population uses cars, which is also Average. 1.7% of the population uses bicycles, which is Above Average, and 2.9% of the population walks, which is Below Average.

If you're looking for a property that offers it all – excellent schools, safety, convenience, and a strong sense of community – look no further than 2545 Palmerston Avenue, West Vancouver, BC, listed under MLS^® R3036928. This property is a