408 5693 Elizabeth St, Vancouver, BC, MLS^® R3081302

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Welcome to 408 5693 Elizabeth Street in Vancouver, BC, a charming community with plenty to offer. This property, listed as MLS^® R3081302, is an ideal choice for families, thanks to its proximity to top-rated schools.

Let's start with Sir Wm Van Horne Elementary School, a short 0.48 km walk from this beautiful home. With a rating of 6.2/10, families love this area because it provides a solid foundation for their children's education. If you're looking for an independent school option, St. Andrew's is just a 1.39 km drive away, offering a unique learning experience. For secondary education, King David High School is conveniently located 0.8 km from this property, providing a world-class education for your child.

Now, let's talk about safety. According to the 2020 crime statistics from Statistics Canada, this neighbourhood has an average crime rate of 7,470.82, which is typical for Canadian cities. The year-over-year change in crime rate is a positive -14.94%. In terms of specific crimes, the neighbourhood has an average rate of drug-related offenses, with a rating of 229.49. This is a reassuring factor for families looking for a safe environment.

When it comes to getting around, this property is close to public transportation, making it easy to commute to work or school. The Eastbound W 41 Ave @ Columbia St bus station is just 0.08 km away, providing convenient access to the city.

Demographically, this neighbourhood is diverse and thriving. With 40.7% of residents holding a university certificate or degree, this community is known for its high level of education. In contrast, only 12.6% of the population have no certificate or degree, making it an attractive choice for families who value education.

The median household income in this area is $70,617, which is average compared to other British Columbia neighbourhoods. With a median personal income of $33,227, this community is perfect for families and professionals alike. However, it's worth noting that 42.8% of households in this area have a mortgage, which is lower than the average in BC.

Unemployment rates in this area are low, standing at 4.9%, making it an attractive choice for working professionals. The population growth rate between 2011 and 2016 was 0.7%, which is average compared to other regions.

In terms of population density, this community has 2,643.9 people per square kilometre, which is above average. The average family size in this area is 2.8, which is below average. However, 62.4% of families in this area have children, making it a great choice for families.

The average age of the population in this area is 44.9 years, which is above average compared to other BC cities. With an average value of dwellings at $1,806,306, this neighbourhood is one of the more expensive areas in BC. However, the average owner payments are high, with owners spending $1,661 per month on their dwellings. Tenants, on the other hand, pay $1,253 per month, which is above average.

In terms of renters, 38.4% of the population in this area rent their homes, which is above average compared to other BC cities. The language spoken in this area is predominantly English, with 83.9% of residents speaking only English. However, 7.1% of the population speak neither English nor French, which is higher than the average in BC.

Finally, this community is well-connected, with 30.7% of residents using public transport, 59.7% using cars, and 5.7% using bicycles. This makes it easy to get around without a car.

In conclusion, 408 5693 Elizabeth Street, Vancouver, BC, listed as MLS^® R3081302, is a fantastic choice for families and professionals alike. With its proximity to top-rated schools, safe environment, and convenient transportation options, this community has everything you need to thrive.