502 110 Switchmen St, Vancouver, BC, MLS^® R3071368

Welcome to 502 110 Switchmen Street, a stunning property located in the vibrant neighborhood of Mount Pleasant VE, Vancouver, BC. As your trusted realtor, I'm excited to guide you through the community, highlighting its best features and what makes it an ideal place to call home.

Schools

Just a short 1.58 km from 502 110 Switchmen Street lies Simon Fraser Elementary School, rated 5.9/10. While this school may not have the highest rating, families love this area because it offers a diverse range of educational options. For instance, the closest independent elementary school, St. Francis Xavier, boasts an impressive 9.8/10 rating and is conveniently located just 0.63 km away. For secondary education, Columbia College, rated No Rating, is situated 0.45 km from this home.

Safety

According to Statistics Canada's 2020 report, the neighborhood surrounding 502 110 Switchmen Street, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a peaceful and secure living environment. In fact, the year-by-year change in the total crime rate is a staggering -14.94%, indicating a significant decrease in crime over the years.

Breaking down the crime statistics, we see that the drug crime rate is Average, with a rating of 229.49, while there were 1,604 illegal substances lawbreaking disturbances in the city in 2020. The year-by-year change in the illegal substances offences ranking is 1.58%. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27, but there's a notable -20.80% year-by-year change in the property misconduct rate. Lastly, the violent lawbreaking disorders rate is Below Average, with 1,311.69 incidents per 100,000 population, and a 3.53% year-by-year change.

Transit

Getting around couldn't be easier, with the Southbound Main St @ Switchmen St bus station just 0.02 km away from 502 110 Switchmen Street, MLS^® R3071368. This convenient location makes it easy to explore Vancouver's vibrant neighborhoods and attractions.

Demographics

This community is a hub of intellectual activity, with 58.9% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, only 2.8% of the population have no certificate or degree, making it a Low number compared to the average in BC. The median household income near this dwelling is $89,971, which is Above Average in comparison to the British Columbia average, while the median personal income is $57,280, also High in comparison to the BC average. A whopping 72.3% of households in this census subdivision have a mortgage, making it a High number.

Economy

Unemployment rates in this area are Low, standing at 4.2%, making it an attractive location for job seekers. This is especially true for families who value a stable and secure environment.

Community Growth

The population change between 2011 and 2016 in this community was a significant 69.4%, making it High compared to the average growth rate of this region. This rapid growth is likely due to the area's proximity to Vancouver's thriving downtown area and its affordability.

Lifestyle Amenities

Residents of 502 110 Switchmen Street enjoy a range of lifestyle amenities, including proximity to parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. This makes it an ideal location for those who value a balance between work and play.

Real Estate Context

The average value of dwellings in this neighborhood is $814,643, which is High compared to other areas in British Columbia. With an average owner payment of $1,860, this area is clearly a desirable location for homeowners. Tenants, too, can enjoy a comfortable living experience, with average rent payments of $1,709.

Population and Housing

45.7% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The average age of the population is 39, which is Below Average in comparison to other BC cities. The average size of families in this area is 2.4, making it a Low number in comparison to the whole region.

Transportation

A whopping 27.5% of the population uses public transport, which is High. In contrast, 44.2% of residents use cars, which is Low, while 6.7% use bicycles, which is High. Lastly, 20.4% of the population walks, also a High number.

Language and Culture

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