500 1863 Alberni St, Vancouver, BC, MLS^® R3078406

Welcome to 500 1863 Alberni Street, a stunning residence located in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the unique features and charms of this property, as well as the surrounding neighborhood.

Schools

Just down the road, you'll find Lord Roberts Annex, a reputable school that's a short 1.12 km from our property. Although Lord Roberts Annex has a No Rating, the proximity to this school is a major plus for families. King George Secondary School, another top-notch institution, is just 0.33 km away, with no rating available. For those seeking alternative education options, Madrona School, an independent elementary school, is 1.5 km away, also with no rating. Pattison School, an independent secondary school, is also 1.5 km away, with no rating.

Crime Rates

According to the latest statistics from 2020, the neighborhood surrounding 500 1863 Alberni Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. Breaking down the crime rates, we see that the drug crime rate is Average, with a rating of 229.49, and there were 1,604 illegal substances lawbreaking disturbances in the area in 2020. The year-over-year change in the illegal substances offences ranking is a 1.58% increase. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27, and there were 35,089 property misconduct incidents in the area in 2020. The year-over-year change in the property misconduct rate is a -20.80% decrease. Violent crime rates are Below Average, with a rating of 1,311.69, and there were 9,168 violent lawbreaking disorders in the area in 2020.

Transit and Commuting

The nearest bus station is Westbound W Georgia St @ Denman St, just 0.05 km away from our property with MLS^® R3078406. With easy access to public transportation, you'll be well connected to the rest of Vancouver and beyond.

Demographics

The neighborhood surrounding 500 1863 Alberni Street, Vancouver, BC is a diverse and vibrant community. According to the latest statistics, 46% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 5.5% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income in the area is $50,667, which is Below Average compared to the British Columbia average. However, the median personal income is $39,344, which is Above Average compared to the BC average. Notably, 36.8% of households in the area have a mortgage, which is Low compared to other neighborhoods.

Unemployment and Growth

The unemployment rate in the area is 5.6%, which is Low compared to other BC neighborhoods. Population growth in the area has been above average, with a 5.2% increase between 2011 and 2016. The population density per square kilometer is 1,250.2, which is Average compared to other neighborhoods.

Family and Lifestyle

The average size of families in the area is 2.2, which is Low compared to the whole region. However, 24.2% of families in the area have children, which is Low. The average age of the population in the area is 45.5, which is Above Average compared to other BC cities. Notably, 80.7% of the population in the area are renters, which is High compared to other BC neighborhoods.

Real Estate and Lifestyle Amenities

The average value of dwellings in the area is $757,220, which is High compared to other areas in British Columbia. Average owner payments are Average in the area, with owners spending $1,231 on average. Tenants, on the other hand, are paying $1,306 on average, which is Above Average compared to other cities. The neighborhood is well-served by a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops.

Language and Transportation

The neighborhood is a diverse and inclusive community, with 15.2% of the population speaking both English and French, which is Above Average. However, 83.8% of the population speaks only English, which is Below Average. The most common modes of transportation in the area are public transportation (31.8%), walking (25.2%), and bicycles (8.5%).

In summary, 500 1863 Alberni Street, Vancouver, BC (MLS^® R307