312 1040 Pacific St, Vancouver, BC, MLS^® R3067741

Welcome to 312 1040 Pacific Street, a charming property located in the heart of Vancouver's West End. I'm your trusted realtor, and I'm excited to take you on a tour of this beautiful home and its surrounding community.

First, let's talk about education. The property is serviced by Lord Roberts Annex, a highly-rated school with a rating of No Rating. The school is conveniently located just 0.7 km from the property, making it an ideal choice for families with young children. Lord Roberts Annex has a reputation for providing a high-quality education, and I've seen firsthand how families love this area because of its excellent schools.

In addition to Lord Roberts Annex, the property is also serviced by King George Secondary School, another highly-rated institution with a rating of No Rating. The school is located 1.41 km from the property, making it easily accessible for students. King George Secondary School is known for its strong academic programs and extracurricular activities, and I've seen how it inspires students to reach their full potential.

If you're looking for alternative education options, the closest elementary independent school to this home is Anchor Point Montessori, with a rating of No Rating. The school is located a short 0.21 km from the property, making it an excellent choice for families who value a more personalized approach to education. Similarly, the closest secondary independent school is Pattison School, with a rating of No Rating, located just 0.74 km from the property.

Now, let's talk about crime. According to the latest data from Statistics Canada, the crime rate in this neighborhood is 7,470.82, which is Average compared to other Canadian cities. While there were 52,217 disturbances in 2020, the overall crime rate has actually decreased by 14.94% over the past year. This is great news for families and individuals who value a safe and secure living environment.

In terms of specific types of crime, the drug crime rate is Average, with 1,604 lawbreaking disturbances reported in 2020. However, it's worth noting that the year-over-year change in the illegal substances offenses ranking is a positive 1.58%. Property crimes are also a concern, with a rating of Above Average and 35,089 incidents reported in 2020. However, the year-over-year change in the property misconduct rate is a negative 20.80%, indicating a decrease in property crimes over time.

Violent crimes are also a concern, with 9,168 lawbreaking disorders reported in 2020. However, the violent crime rate is Below Average compared to other BC municipalities, with a rate of 1,311.69. This is reassuring news for families and individuals who value a safe and secure living environment.

Now, let's talk about transportation. The closest bus station is Northbound Burrard St @ Pacific St, located just 0.13 km from the property. This makes it easy to get around the city without a car, and I've seen how many residents appreciate the convenience of public transportation.

In terms of demographics, the neighborhood is predominantly urban, with a high population density of 25,846.3 people per square kilometer. However, the average household income is relatively low, at $49,998, compared to the British Columbia average. The median personal income is also Average, at $35,277. However, the percentage of households with a mortgage is Above Average, at 66.1%.

In terms of education, 44.1% of the population has a university certificate or degree, which is High compared to other BC neighborhoods. However, 5.7% of the population has no certificate or degree, which is Low compared to the average in BC.

Unemployment rates are also low, at 5%, which is a positive indicator for the local economy. Population growth is also a consideration, with a 6.7% increase between 2011 and 2016, which is Above Average compared to the average growth rate of the region.

In terms of housing, the average value of dwellings in the neighborhood is High, at $609,583, compared to other areas in British Columbia. However, the average owner payments are Also Above Average, at $1,543. Tenants are paying an average of $1,282, which is Also Above Average.

Finally, let's talk about lifestyle amenities. The neighborhood is surrounded by a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The area is also close to several major hospitals, making it an ideal choice for families and individuals who value access to quality healthcare.

In conclusion, 312 1040 Pacific Street is a fantastic property located in the heart of Vancouver's West End. With its excellent schools, safe and secure living environment, and range of lifestyle amenities,