4815 Laurel St, Vancouver, BC, MLS^® R3061777

Welcome to 4815 Laurel Street, a stunning property located in the heart of Vancouver, BC. As we walk through this charming neighborhood, I'd like to share with you the unique features that make this community so special.

First, let's talk about the schools. Our property is serviced by the highly-rated Emily Carr Elementary School, located just 0.89 km away. While Emily Carr Elementary doesn't have a formal rating, its proximity to this home for sale makes it an excellent choice for families. Just down the road, you'll find Vancouver Talmud Torah Elementary School, a top-rated independent school with a 9.3/10 rating, situated 0.64 km from this home. For secondary education, Pacific Torah Institute is nearby, offering a unique learning experience 0.96 km from this property.

Now, let's dive into the neighborhood's safety and crime statistics. According to Statistics Canada's 2020 report, this area boasts a crime rate of 7,470.82, which is Average compared to other Canadian cities. This means that residents can enjoy a relatively safe environment with a low risk of disturbances. Specifically, the drug crime rate is Average, with 229.49 incidents per 100,000 population, and a year-over-year change of 1.58%. Property crimes are also Above Average, with 5,020.27 incidents per 100,000 population, but a notable decrease of 20.80% year-over-year. Additionally, the violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population, and a 3.53% increase year-over-year.

As we explore the neighborhood's amenities, you'll discover a bus station just 0.18 km away, making it easy to get around the city.

Now, let's talk about the demographics of this vibrant community. With 51.4% of residents holding a university certificate or degree, this neighborhood is considered High compared to other BC neighborhoods. On the other hand, only 8.3% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $83,861, Above Average compared to the BC average, while the median personal income is $43,215, also High compared to the BC average. Notably, 52.8% of households in this area have a mortgage, which is Below Average.

In terms of employment, the neighborhood boasts an unemployment rate of 6.7%, which is Below Average compared to other province neighborhoods.

This community is experiencing Above Average growth, with a population change of 4.4% between 2011 and 2016. The population density per square kilometer is 4,526.9, which is High compared to other areas. The average family size is 2.8, which is Below Average, and 59.5% of families have children, which is Average. The average age of the population is 40.9, which is Average compared to other BC cities.

As for the real estate market, the average value of dwellings in this neighborhood is $1,793,194, which is High compared to other areas in British Columbia. Average owner payments are also High, with $1,835 spent on average, while tenants pay $1,483, also High compared to other cities. Notably, 42.9% of the population in this area are renters, which is Above Average compared to other BC cities.

In terms of language, 14.7% of the population speaks both English and French, which is Above Average, while 82.4% speak only English, which is Below Average. Only 0.1% of residents speak French only, which is Low, and 2.9% speak neither English nor French, which is Above Average.

Finally, 29.5% of the population uses public transport, which is High, while 45.6% use cars, which is Low. 9.1% of residents use bicycles, which is High, and 14.7% walk, also High.

This unique blend of amenities, demographics, and real estate make 4815 Laurel Street, Vancouver, BC (MLS^® R3061777) an excellent choice for families, professionals, and anyone looking for a vibrant community to call home.

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