2904 1238 Melville St, Vancouver, BC, MLS^® R3055626

Welcome to 2904 1238 Melville Street, Vancouver, BC, a stunning property listed as MLS^® R3055626

As we step into the vibrant community of Coal Harbour, you'll find this exceptional home nestled in the heart of the action. Located at 2904 1238 Melville Street, this property is a gem for families and individuals alike.

Education

Let's start with the excellent educational options in the area. Lord Roberts Annex, a highly-regarded school, is just a short 0.66 km walk from this property. With a rating of No Rating, this school is a great choice for families who value academic excellence. Additionally, King George Secondary School, another top-rated institution, is 0.8 km away, offering students a well-rounded education. For those seeking independent school options, Madrona School (0.67 km) and Pattison School (0.84 km) are both nearby, providing a range of educational choices for families.

Safety

When it comes to safety, this community has a reassuring crime rate. According to Statistics Canada's 2020 report, the overall crime rate near 2904 1238 Melville Street, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. Year-over-year, the crime rate has decreased by 14.94%, indicating a safe and stable environment for residents.

Demographics

Let's take a look at the demographics of this community. With 57.4% of residents holding a university certificate or degree, this area is known for its highly educated population, making it an excellent choice for professionals. In contrast, only 3.2% of the population has no certificate or degree, which is Low compared to the average in BC.

Transit

Convenience is key when it comes to transit options. The closest bus station, Eastbound W Pender St @ Jervis St, is just 0.05 km away from this property, making it easy to get around the city. With 16.2% of the population using public transport, 32.2% using cars, 2% using bicycles, and 48.5% walking, this community is well-connected and pedestrian-friendly.

Lifestyle Amenities

This area is a haven for those seeking a mix of urban living and natural beauty. You'll find numerous parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, making it an ideal location for families and individuals alike.

Real Estate Context

When it comes to real estate, this property is a standout. With an average dwelling value of $1,325,746, this area is known for its high-end homes. The average owner payments are High, with owners spending $2,045 on average for their dwellings. Tenants in this area pay $1,845 on average, which is also High compared to other cities.

Community Insights

This community is characterized by a diverse population, with 10% speaking both English and French, 85.5% speaking English only, and 0.1% speaking French only. A significant 55.8% of the population are renters, which is High compared to other BC cities and areas. Unemployment rates are also Low, with 6.4% of the population unemployed, indicating a stable economy.

In Conclusion

2904 1238 Melville Street, Vancouver, BC, MLS^® R3055626, is an exceptional property that offers the perfect blend of education, safety, demographics, transit options, lifestyle amenities, and real estate context. As an experienced realtor, I highly recommend this property to families and individuals seeking a vibrant, urban lifestyle with easy access to nature and community amenities.