503 1995 Beach Ave, Vancouver, BC, MLS^® R3081827

Welcome to 503 1995 Beach Avenue, a stunning property located in the heart of Vancouver's West End neighborhood. As your trusted realtor, I'm excited to guide you through the features and amenities that make this home a standout choice for families and individuals alike.

Let's start with the schools. This property is serviced by Lord Roberts Annex, a highly-rated school that's just a 1.23 km walk away. Lord Roberts Annex has a reputation for excellence, and we're proud to have it in our neighborhood. Of course, there are also other excellent schools in the area, including King George Secondary School, which is just a 0.55 km walk away. With its No Rating, King George Secondary School is an excellent choice for families who want the best education for their children.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82, with a 52,217 incidents of various disturbances. While this may seem high, it's essential to note that this is actually average compared to other Canadian cities. Year-over-year change in the total crime rate is a remarkable -14.94%, demonstrating a downward trend in crime in our area.

As we delve into the specifics, we see that the drug crime rate is also average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%, indicating a slight increase in this area.

Property crimes in our neighborhood are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in the property misconduct rate is a substantial -20.80%, indicating a significant decrease in property-related crimes.

Violent lawbreaking disorders in our area were 9,168 in 2020, with a rate of 1,311.69, which is actually below average compared to other BC municipalities. The year-over-year change in the violent crime rate is a modest 3.53%.

Getting around is a breeze, thanks to the proximity to public transportation. The closest bus station, Southbound Denman St @ Pendrell St, is just 0.26 km away from this listing with MLS^® R3081827.

Now, let's talk about demographics. A staggering 50.8% of people in this neighborhood have a university certificate or degree, which is considered high compared to other BC neighborhoods. Conversely, 5% of the population have no certificate or degree, which is actually low.

In terms of income, the median household income in our area is $58,423, which is below average in comparison to the British Columbia average. However, the median personal income is a respectable $42,438, which is high compared to the BC average. Interestingly, 28.7% of households in our area have a mortgage, which is actually low.

Unemployment rates in our area are also noteworthy, with a rate of 6.6%, which is below average compared to other province neighborhoods.

This property is located in the vibrant West End VW neighborhood, where population change between 2011 and 2016 was 6.8%, which is above average compared to average growth rate of this region.

As you can see, this property is surrounded by a diverse and vibrant community, with a population density per square kilometer of 20,296.2, which is considered high. The average size of families in our area is 2.2, which is low compared to the whole region. Interestingly, 20.9% of families in our area have children, which is also low.

The average age of the population in our area is 51.3, which is high compared to other BC cities.

In terms of real estate, the average value of dwellings in our neighborhood is $701,897, which is high compared to other areas in British Columbia.

As for affordability, average owner payments are average in our area, with owners spending $1,145 on their dwellings. Tenants, on the other hand, are paying a relatively high $1,448 in our district.

Interestingly, 72.3% of the population in our district are renters, which is high compared to other BC cities and areas.

Language-wise, 16.1% of the population in our area are English and French speakers, which is above average. However, 83.4% of the population are English speakers only, which is below average. A paltry 0.1% of the population are French speakers only, which is also below average.

Finally, transportation-wise, 26.6% of the population in our area use public transport, which is high. Conversely, 38.4% of the population use cars, which is