404 1633 Ontario St, Vancouver, BC, MLS^® R3072529

Imagine strolling through the vibrant neighborhood of False Creek, where 404 1633 Ontario Street, a stunning property with MLS^® R3072529, awaits. As we walk, let's explore the community that surrounds this beautiful home for sale.

First, let's talk about education. Simon Fraser Elementary School, a highly-rated institution with a 5.9/10 rating, is conveniently located just 1.58 km from our property. This school is a popular choice among families, and with its excellent reputation, it's easy to see why. Just down the road, you'll also find St. Francis Xavier, a top-rated independent school with a 9.8/10 rating, situated a mere 0.87 km from our property. This provides families with an excellent education option right in their own backyard.

Now, let's take a look at the crime statistics in the area. According to the freshest crime data from Statistics Canada (2020), there were 52,217 incidents in this neighborhood, resulting in a crime rate of 7,470.82 per 100,000 population. While this is an average rate compared to other Canadian cities, it's essential to note that the year-over-year change in the total crime rate is a significant -14.94%. This indicates that the area is generally safe, with a slight decrease in crime over the years.

When it comes to specific types of crime, the area surrounding MLS^® R3072529 has an average drug crime rate, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is a relatively modest 1.58%. Property crimes in the neighborhood are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in the property misconduct rate is a notable -20.80%. Finally, the violent crime rate is below average, with a rating of 1,311.69 and 9,168 incidents in 2020.

As we continue our stroll, let's talk about transportation. The closest bus station is Eastbound E 2nd Ave @ Ontario St, just 0.23 km away from our property with MLS^® R3072529. This convenient location makes it easy to get around the city without a car.

Now, let's explore the demographics of the area. A significant 58.9% of the population in this neighborhood hold a university certificate or degree, which is a high percentage compared to other BC neighborhoods. In contrast, only 2.8% of the population in this area have no certificate or degree, which is a low number compared to the average in BC.

When it comes to income, the median household income near our property at 404 1633 Ontario Street, Vancouver, BC is $89,971, which is above average compared to the British Columbia average. The median personal income in the area is $57,280, also a high percentage compared to the BC average. Moreover, 72.3% of households in this census subdivision have a mortgage, which is a high percentage.

Unemployment rates in the area are also relatively low, standing at 4.2%, which is low compared to other province neighborhoods.

This real estate is located in the vibrant False Creek neighborhood, where the population change between 2011 and 2016 was a significant 69.4%. This is a high growth rate compared to the average in the region. The population density per square kilometer in this community is 8,935.3, which is a high number.

The average size of families in the area is 2.4, which is a low number compared to the whole region. However, the percentage of families with children in the area is 33%, which is a low percentage. On the other hand, the percentage of married or living common law couples is 58%, which is an average percentage.

The average age of the population in the area is 39, which is below average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $814,643, which is a high number compared to other areas in British Columbia.

As for housing costs, average owner payments are high in the area, with owners spending an average of $1,860 on their dwellings. Tenants, on the other hand, are paying an average of $1,709 in this district.

A significant 45.7% of the population in this district are renters, which is above average compared to other BC cities and areas.

Finally, let's talk about language. The percentage of English and French speakers in the area is 13.3%, which is above average. However, the percentage of English speakers only is 85.4%, which is below average.