406 8181 Chester St, Vancouver, BC, MLS^® R3061324

Welcome to 406 8181 Chester Street, a charming neighborhood in the heart of Vancouver, BC!

As we step into this vibrant community, I'd like to start by highlighting the excellent educational options available to you and your family. The property with MLS^® R3061324 is conveniently located 0.62 km from Walter Moberly Elementary School, which boasts a rating of 5.8/10. This school is a gem in the neighborhood, offering a nurturing environment that fosters academic excellence and social growth.

Just down the road, you'll find John Oliver Secondary School, situated 2.38 km from your new home. This esteemed institution has a rating of No Rating, but its proximity to your residence ensures that your child will have access to top-notch education.

For parents seeking alternative education options, St. Andrew's Elementary Independent School is just 1.81 km away, offering a unique learning experience that aligns with your values. Similarly, Royal Canadian College, a Secondary Independent school, is nestled 2.15 km from your home, providing an exceptional educational opportunity for your child.

Now, let's talk about the safety and security of the neighborhood. According to the latest crime data from Statistics Canada (2020), this area has an average crime rate of 7,470.82, which is comparable to other Canadian cities. This means you can enjoy peace of mind knowing that your community is relatively safe. The year-over-year change in the total crime rate is a notable -14.94%, indicating a downward trend in crime.

If you're concerned about specific types of crime, rest assured that the drug crime rate is average, with a rating of 229.49, and there were 1,604 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offenses ranking is a modest 1.58%.

Regarding property crimes, the neighborhood has an above-average rate, with a property misconduct rating of 5,020.27, and 35,089 incidents in 2020. However, the year-over-year change in the property misconduct rate is a significant -20.80%.

In terms of violent crime, this area has a below-average rate of 1,311.69, with 9,168 violent lawbreaking disorders in 2020. The year-over-year change in the violent crime rate is a relatively modest 3.53%.

Now, let's explore the neighborhood's amenities! The closest bus station is the Westbound SE Marine Dr @ Chester St, situated just 0.03 km away from your new home. This convenient access to public transportation makes it easy to get around the city.

In terms of demographics, this neighborhood is a melting pot of cultures, with 20.4% of residents holding a university certificate or degree, which is average compared to other BC neighborhoods. However, 23.7% of the population has no certificate or degree, indicating a diverse range of educational backgrounds.

The median household income in this area is $67,840, which is average compared to the British Columbia average. On the other hand, the median personal income is $24,416, which is relatively low compared to the BC average. Interestingly, 64.3% of households in this census subdivision have a mortgage, which is above average.

Unemployment rates are relatively low in this area, standing at 5.1%, which is lower than the average in other BC neighborhoods.

As we look at population growth, this area has experienced a below-average growth rate of -1.2% between 2011 and 2016. However, the population density per square kilometer is relatively high at 4,128.

In terms of family dynamics, the average family size in this area is 3.2, which is relatively high compared to the whole region. Furthermore, 77.6% of families in this neighborhood have children, which is a high percentage. However, 52.2% of residents are married or living common law, which is below average.

The average age of the population in this area is 40.7, which is average compared to other BC cities.

In terms of real estate values, the average value of dwellings in this neighborhood is $1,379,782, which is relatively high compared to other areas in British Columbia.

Owner payments are relatively high in this area, with an average of $1,871 spent on dwellings. On the other hand, tenants pay an average of $1,056, which is relatively average.

Finally, 51.5% of the population in this area are renters, which is relatively high compared to other BC cities.

As we conclude our tour of 406 8181 Chester Street, I hope you've fallen in love with this charming neighborhood in Vancouver, BC. With its excellent educational options, average crime rates, and diverse demographics, this area offers