316 8181 Chester St, Vancouver, BC, MLS^® R3079205

Welcome to 316 8181 Chester Street, Vancouver, BC!

As your trusted realtor, I'm excited to take you on a tour of this beautiful community. Located in the heart of Vancouver, this stunning property with MLS^® R3079205 is the perfect blend of comfort, convenience, and lifestyle.

Schools

Let's start with the schools. Walter Moberly Elementary School, located just 0.6 km from this property, has a rating of 5.8/10. Families love this area because of the excellent education opportunities for their children. John Oliver Secondary School is also nearby, with a rating of No Rating, and is situated just 2.37 km from this home.

If you're looking for an independent school option, St. Andrew's Elementary is a great choice, with a rating of No Rating, and is located just 1.8 km from this property. For secondary independent schooling, Royal Canadian College is another excellent option, with a rating of No Rating, and is situated just 2.17 km from this home.

Safety and Crime

According to the 2020 crime statistics from Statistics Canada, this neighbourhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time.

In terms of specific crime types, the drug crime rate is average, with a rating of 229.49, and the number of illegal substances lawbreaking disturbances is 1,604. The year-over-year change in the illegal substances offences ranking is 1.58%. Property crimes in the neighbourhood are above average, with a rating of 5,020.27, and the number of property misconduct lawbreaking disturbances is 35,089.

However, it's reassuring to note that the violent crime rate is below average, with a rating of 1,311.69, and the number of violent lawbreaking disturbances is 9,168.

Transit and Commuting

Getting around is easy in this neighbourhood, with the closest bus station, Westbound SE Marine Dr @ Chester St, just 0.04 km away. This property is perfect for commuters, with easy access to major highways and public transportation.

Demographics and Lifestyle

The demographics of this neighbourhood are diverse and interesting. 20.4% of people in this area hold a university certificate or degree, which is average compared to other BC neighbourhoods. However, 23.7% of earnings adults in this neighbourhood have no certificate or degree, which is above average compared to the average in BC.

The median household income in this area is $67,840, which is average compared to the British Columbia average. The median personal income is $24,416, which is low compared to the BC average. However, the percentage of households with a mortgage is 64.3%, which is above average.

Unemployment and Population Growth

The unemployment rate in this area is 5.1%, which is low compared to other province neighbourhoods. In terms of population growth, this neighbourhood has experienced a below-average rate of -1.2% between 2011 and 2016.

Housing and Transportation

The average size of families in this area is 3.2, which is high compared to the whole region. The percentage of families with children is 77.6%, which is high. However, the percentage of married or living common law is 52.2%, which is below average.

The average age of the population in this area is 40.7, which is average compared to other BC cities. The average value of dwellings in this neighbourhood is $1,379,782, which is high compared to other areas in British Columbia.

In terms of ownership and tenancy, the average owner payments are high, with owners spending an average of $1,871 per dwelling. Tenants, on the other hand, are paying an average of $1,056 per dwelling, which is average compared to other cities.

Language and Transportation

The language profile of this neighbourhood is diverse, with 3.4% of the population speaking neither English nor French. However, 86.6% of the population speaks only English, which is below average. 10% of the population speaks neither English nor French, which is high compared to other BC cities.

In terms of transportation, 33.3% of the population uses public transport, which is high. 62.8% of the population uses cars, which is low. 1.1% of the population uses bicycles, which is average. 2.2% of the population walks, which is below average.

Conclusion

As you can see, 316 8181 Chester Street, Vancouver, BC MLS^® R3079205 is a fantastic