305 123 W 1st Ave, Vancouver, BC, MLS^® R3081650

Welcome to 305 123 W 1st Avenue, a stunning property in the heart of Vancouver, BC, listed as MLS^® R3081650. As your trusted realtor, I'm excited to take you on a tour of this exceptional neighborhood and highlight its many attributes.

Schools and Education

We're proud to have Simon Fraser Elementary School just 1.52 km away from this property. This esteemed school has a rating of 5.9/10, making it a top choice for families. If you're looking for an independent school, The Westside School is a short 0.89 km away, while Columbia College is just 0.86 km from this home. Both schools offer excellent education options for your children.

Safety and Crime Rates

The crime data from Statistics Canada (2020) reveals that the neighborhood surrounding 305 123 W 1st Avenue has a crime rate of 7,470.82, which is Average compared to other Canadian cities. In fact, the rate of volation disturbances in this area is 52,217, with a year-over-year change of -14.94%. Additionally, the property crimes in this neighborhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the violent crime rate is Below Average, standing at 1,311.69. You can rest assured that this area is relatively safe for you and your loved ones.

Demographics and Lifestyle

The demographics of this neighborhood are truly impressive. With 58.9% of residents holding a university certificate or degree, this area is High in comparison to other BC neighborhoods. Furthermore, 2.8% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $89,971, which is Above Average, while the median personal income is $57,280, making it High compared to the BC average. The unemployment rate is a low 4.2%, and the population density is 8,935.3 people per square kilometer, making it a vibrant and diverse community.

Transit and Commuting

The convenience of public transportation is unparalleled in this area. The Westbound W 2nd Ave @ Manitoba St bus station is a mere 0.16 km away from this property, making it easy to get around the city without a car. In fact, 27.5% of the population uses public transport, 44.2% uses cars, 6.7% uses bicycles, and 20.4% walks. You'll appreciate the ease of getting around without the hassle of traffic.

Community Amenities

This neighborhood is a haven for families and individuals alike, offering a range of lifestyle amenities. The average value of dwellings in this area is $814,643, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $1,860 on average for their dwellings. Tenants pay $1,709 on average, which is also High. With 45.7% of the population renting, this area is Above Average compared to other BC cities.

Language and Culture

The neighborhood surrounding 305 123 W 1st Avenue, Vancouver, BC, is a melting pot of cultures, with 13.3% of the population speaking English and French, 85.4% speaking English only, and 0.1% speaking French only. This creates a vibrant and diverse community where everyone feels welcome.

Real Estate Context

As you can see, the real estate context of this area is exceptional. With an average size of families of 2.4, this is a Low number compared to the whole region. The average age of the population is 39, which is Below Average in comparison to other BC cities. Whether you're a first-time buyer or a seasoned investor, this property offers a unique opportunity to own a piece of Vancouver's vibrant real estate market.

In conclusion, 305 123 W 1st Avenue, Vancouver, BC, listed as MLS^® R3081650, is a truly exceptional property in a fantastic neighborhood. With its proximity to excellent schools, low crime rates, and a diverse community, this property is a gem waiting to be discovered. As your trusted realtor, I invite you to schedule a viewing today and experience the best of Vancouver living.