301 1055 Richards St, Vancouver, BC, MLS^® R3075118

Welcome to 301 1055 Richards Street, a vibrant Downtown Vancouver neighborhood!

As we step into this dynamic community, you'll discover a blend of urban convenience and small-town charm. Let's start with the essentials: schools, safety, and local amenities.

Education

The property with MLS^® R3075118 is conveniently located near several top-rated schools. Just down the road, you'll find Lord Strathcona Community Elementary School, a highly regarded institution with a rating of No Rating (located 0.92 km away). This school is part of the Vancouver School District and is known for its strong academic programs and dedicated teaching staff. Families love this area because of its excellent education options and proximity to local amenities.

In addition to Lord Strathcona, this neighborhood is also serviced by King George Secondary School (1.71 km away), another highly respected institution in the area. King George Secondary School is a public high school that offers a range of programs and courses, including arts, sports, and languages.

For families seeking independent school options, Anchor Point Montessori (0.62 km away) is a popular choice, offering a unique and personalized learning experience.

Crime

According to the latest statistics from Statistics Canada (2020), the overall crime rate in this neighborhood is 7,470.82, which is Average compared to other Canadian cities. This means you can feel safe and secure in this community. The crime rate has even shown a significant decrease of -14.94% year-over-year.

Demographics

This neighborhood is home to a diverse population, with 52% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, only 5.5% of the population have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average. The percentage of households with a mortgage is 73.7%, which is High.

Transit

Convenience is key in this neighborhood, with the Northbound Seymour St @ Nelson St bus stop just 0.15 km away from the property with MLS^® R3075118. This bus stop provides easy access to the city's public transportation system, making it easy to get around without a car.

Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are High, with owners spending an average of $1,621 per month. Tenants are also paying a premium, with an average of $1,478 per month.

Real Estate Context

This Real Estate Listing # R3075118 is located in the heart of Downtown Vancouver, where the population change between 2011 and 2016 was 21.5%, which is High compared to average growth rates in the region. The population density per square kilometre is 31,632.3, which is High.

In terms of family dynamics, the average size of families in this area is 2.3, which is Low compared to the whole region. The percentage of families with children is 27.3%, which is also Low. However, the percentage of married or living common law is 40.6%, which is Low.

Additional Insights

The average age of the population in this neighborhood is 38.8, which is Below Average compared to other BC cities. The unemployment rate in this area is 4.3, which is Low compared to other province neighborhoods.

I hope this tour of the 301 1055 Richards Street neighborhood has given you a sense of the community's strengths and amenities. If you're considering purchasing this property with MLS^® R3075118, I'd be happy to answer any further questions you may have.