402 889 Pacific St, Vancouver, BC, MLS^® R3054819

Welcome to 402 889 Pacific Street, a stunning property located in the heart of Vancouver's vibrant Downtown VW community! As your trusted realtor, I'm excited to share with you the incredible features and benefits of this fantastic neighborhood.

Education

We're proud to be serviced by the highly-rated Elsie Roy Elementary School, just 0.77 km from our doorstep. This school boasts a 6.1/10 rating and is a favorite among families. We're also close to King George Secondary School, with no rating available, and Anchor Point Montessori, an independent elementary school with a no rating, just 0.08 km away. For secondary education, Pattison School, also with a no rating, is conveniently located just 0.67 km from our home.

Safety

Let's talk about safety. According to the latest crime data from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population, which is comparable to other Canadian cities. Specifically, our area has an average drug crime rate, with 229.49 incidents per 100,000 population, and an above-average property crime rate, with 5,020.27 incidents per 100,000 population. We're also fortunate to have a below-average violent crime rate, with 1,311.69 incidents per 100,000 population.

Demographics

Our community is a vibrant and diverse neighborhood, with 47% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. Conversely, only 4.8% of the population has no certificate or degree, which is low compared to the average in BC. The median household income in our area is $55,936, which is below average compared to the BC average. However, the median personal income is $40,817, which is above average in comparison.

Transit

We're conveniently located near the Northbound Burrard St @ Pacific St bus station, just 0.11 km away from our doorstep. With 26% of the population using public transport, 27.2% using cars, 3.2% using bicycles, and 41.7% walking, we're well-connected to the rest of the city.

Lifestyle Amenities

Our neighborhood offers an array of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. We're also close to several hospitals and medical facilities.

Real Estate Context

The average value of dwellings in our neighborhood is $705,201, which is high compared to other areas in British Columbia. The average owner payments are also high, with $1,746 spent on average for the dwelling. Tenants are paying $1,369 in this district, which is also high compared to other cities.

Community

Our community is a thriving and diverse neighborhood, with 65.6% of the population renting and 34.4% owning their homes. The average age of the population is 38.6, which is below average compared to other BC cities. We're proud to have a high population density of 34,624.2 people per square kilometer, which is high compared to other areas.

Statistics

Here are some additional statistics about our community:

• Population change between 2011 and 2016 was 40.2%, which is high compared to average growth rate of this region.
• Average size of families in our area is 2.2, which is low compared to the whole region.
• Percent of families with children is 24.4%, which is low.
• Percent of married or living common law is 39.1%, which is low.
• Average value of dwellings in our neighborhood is $705,201, which is high compared to other areas in British Columbia.

I hope you've enjoyed this tour of 402 889 Pacific Street, Vancouver, BC, MLS^® R3054819. This property offers an unparalleled lifestyle, with access to top-rated schools, safety, and a vibrant community. If you're looking for a home that has it all, look no further than 402 889 Pacific Street.