401 508 Waters Edge Cres, West Vancouver, BC, MLS^® R3072839

Welcome to 401 508 Waters Edge Crescent, West Vancouver, BC MLS^® R3072839

Located in the esteemed neighborhood of West Vancouver, this stunning property boasts an ideal blend of natural beauty, convenience, and community spirit. As your trusted realtor, I'm delighted to share with you the vibrant details of this exceptional home.

Education

Just down the road, families will appreciate the proximity to St. Anthony's Elementary School, rated 9.5/10, situated a mere 0.31 km from this beautiful home. For secondary education, St. Thomas Aquinas School is a 2.25 km journey away.

Safety

In terms of crime rates, Statistics Canada's 2020 data reveals a low overall crime rate of 4,969.41 in this neighborhood, 401 508 Waters Edge Crescent, West Vancouver, BC. This is significantly lower compared to other Canadian cities. The year-over-year crime rate decrease is an impressive -10.40%. When it comes to drug-related offenses, the rating is an even lower 59.49, indicating a very safe environment. The number of illegal substances lawbreaking disturbances in 2020 was 28, with a remarkable year-over-year decline of -23.85%. Property crimes in the area are average, with a rating of 3,165.63, and a 1,490 incident count in 2020, showing a -19.65% change. Violent lawbreaking disorders were a mere 379 in 2020, with a low rate of 805.22, indicating a very safe community. This is a testament to the neighborhood's strong sense of community and low crime rate.

Lifestyle and Amenities

The convenience of public transportation is not to be underestimated. The Westbound Marine Dr @ Capilano River bus station is just 0.21 km away from this property, making it an ideal location for those who rely on public transport.

Demographics

This neighborhood boasts a highly educated population, with 38.6% of residents holding a university certificate or degree, which is significantly higher compared to other BC neighborhoods. Conversely, only 7.8% of the population in this area do not hold a certificate or degree, indicating a well-educated community. The median household income near this property is $50,400, which is lower compared to the British Columbia average. However, the median personal income is $29,376, which is below average in comparison to BC. The percentage of households with a mortgage in this census subdivision is 39.4%, which is lower compared to other areas.

Community and Growth

The unemployment rate in this area is 5.7%, which is below average compared to other provincial neighborhoods. The population change between 2011 and 2016 was 5.4%, indicating a growing community. This is above average compared to the growth rate of this region. The population density per square kilometre is 3253.5, which is above average. The average size of families in the area is 2.6, which is lower compared to the whole region.

Real Estate Context

The average value of dwellings in this neighborhood is $1,274,669, which is high compared to other areas in British Columbia. The average owner payments are high in the area, with owners spending an average of $1,622 per dwelling. Tenants are also paying a high average of $1,512 in this district. The percentage of renters in the area is 47%, which is high compared to other BC cities and areas.

Language and Transportation

The percentage of English and French speakers in the area is 9.4%, which is above average. The percentage of English speakers only is 87.5%, which is below average. The percentage of French speakers only is 0.2%, which is average. The percentage of neither English nor French speakers is 2.9%, which is above average. The percentage of the population using public transport is 24.7%, which is above average. The percentage of the population using cars is 61.9%, which is low. The percentage of the population using bicycles is 2.1%, which is above average. The percentage of the population walking is 11.3%, which is high.

As your trusted realtor, I'm confident that 401 508 Waters Edge Crescent, West Vancouver, BC MLS^® R3072839 is an exceptional opportunity for those seeking a safe, convenient, and community-driven lifestyle.