4721 Oak St, Vancouver, BC, MLS^® R3087417

Welcome to 4721 Oak Street, a beautiful property nestled in the heart of Vancouver, BC!

As we walk through the neighborhood, you'll notice the charming community of Shaughnessy, where this incredible home is located. Let's start by exploring the local schools, which are a top priority for many families.

Education:

Just down the road, you'll find Emily Carr Elementary School, which is serviced by this property. With a rating of No Rating, it's a great opportunity for families to get to know the school and its community. If you're looking for alternative options, Vancouver Talmud Torah Elementary School is just 0.53 km away, boasting a 9.3/10 rating. For secondary education, Vancouver College is a mere 0.98 km away, with a perfect 10/10 rating.

Crime:

According to the latest statistics from Statistics Canada (2020), the neighborhood surrounding 4721 Oak Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The rate of volation disturbances is 52,217, and the year-by-year change in the total crime rate is -14.94%. When it comes to drug-related crimes, the rating is Average, with 1,604 illegal substances lawbreaking disturbances in 2020. Property crimes are Above Average, with 35,089 incidents in 2020, and the property misconduct rating is 5,020.27.

Demographics:

This neighborhood is a hub for educated professionals, with 51.6% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, only 5.7% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is around $98,048, making it High compared to the British Columbia average. The median personal income is $40,811, which is Above Average in comparison to the BC average. A significant percentage of households (41.3%) do not have a mortgage, which is Low compared to other neighborhoods.

Transit:

Getting around is a breeze in this neighborhood, with the Southbound Oak St @ Devonshire Cres bus station just 0.1 km away from 4721 Oak Street, MLS^® R3087417.

Lifestyle Amenities:

This community is surrounded by parks, beaches, and trails, making it an ideal location for outdoor enthusiasts. You'll find plenty of shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, ensuring that your daily needs are met.

Real Estate Context:

The average value of dwellings in this neighborhood is $3,083,415, which is High compared to other areas in British Columbia. Average owner payments are High, with owners spending $2,589 on average for their dwelling. Tenants are paying $1,571 in this district, which is High compared to other cities.

Neighborhood Insights:

• The population density per square kilometer is 2,077.3, which is Above Average.
• The average size of families in this area is 2.9, which is Average compared to the whole region.
• A significant percentage of families (59.5%) have children, and a majority of households are married or living common law (58.4%), both of which are Average.
• The average age of the population is 41.3, which is Average compared to other BC cities.

Investment Opportunities:

As a savvy investor, you'll appreciate the High average value of dwellings in this neighborhood, making it an attractive opportunity for long-term investment.

Insider Tips:

• 38.1% of the population in this district are renters, which is Above Average compared to other BC cities and areas.
• 18.2% of the population uses public transport, which is Above Average.
• 66.8% of the population uses cars, which is Low.
• 5.9% of the population uses bicycles, which is High.
• 7.5% of the population walks, which is Above Average.

Don't miss out on this incredible opportunity to own a piece of Vancouver's vibrant Shaughnessy community. Contact me today to schedule a viewing of 4721 Oak Street, MLS^® R3087417!