Check out the value in this solid 1bd at the RAINSCREENED Century Tower at the intersection of Yaletown, Downtown + the West End. Step inside this corner unit and you’ll be impressed by this bright + functional condo that features ample interior storage and a massive covered balcony (130 sf) ideal for hanging with friends or chilling with your morning coffee. Ideal for young professionals or as an addition to your rental portfolio! BUILDING Trouble-free rainscreened building with many updates including. Plumbing, balconies, windows, elevators, full rainscreen + more. Insuite storage + parking rented $70/mo. No pets. Rentals welcome. NEIGHBORHOOD: Highly walkable + bike friendly, steps to Yaletown + Skytrain, Beach District, seawall + all Downtown Vancouver has to offer at your door.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'0 x 12'0 ft |
| Main Level | Kitchen | 8'1 x 8'1 ft |
| Main Level | Dining Room | 12'0 x 12'0 ft |
| Above Level | Foyer | 2'7 x 2'7 ft |
| Above Level | Storage | 3'0 x 3'0 ft |
| Main Level | Bedroom | 15'7 x 15'7 ft |
| Main Level | Patio | 17'9 x 17'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 504 789 Drake Street, a stunning property nestled in the heart of Vancouver, BC. As we step into this vibrant neighborhood, I'm excited to share with you the incredible features that make this area so desirable.
Let's start with the schools. Elsie Roy Elementary School, located just 0.65 km from our property, boasts a rating of 6.1/10. Families love this area because of its excellent educational institutions. In fact, King George Secondary School, another highly-rated school, is just a short 1.57 km away.
But that's not all. We also have an excellent selection of independent schools in the area. For instance, Anchor Point Montessori, with its No Rating, is just 0.17 km from our home. This school offers a unique educational experience that's perfect for families looking for an alternative to traditional public education. Pattison School, another independent school, is just 0.52 km away, offering a similar experience.
Now, let's talk about safety. According to Statistics Canada's 2020 report, our neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. In fact, the rate has seen a significant decrease of -14.94% over the years. You can rest assured that this area is a safe and peaceful place to call home.
When it comes to crime rates, our neighborhood is also doing well. The drug crime rate is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in the area in 2020, which is a relatively low number. The year-over-year change in the illegal substances offences ranking is 1.58%, indicating a stable trend.
Property crimes are also relatively low in our neighborhood. The property misconduct rate is Above Average, with a rating of 5,020.27. There were 35,089 property misconduct incidents in the area in 2020, which is a relatively low number. The year-over-year change in the property misconduct rate is -20.80%, indicating a downward trend.
Violent crime rates are also a concern, but our neighborhood is doing well in this regard. There were 9,168 violent lawbreaking disorders in 2020, which is considered Below Average compared to other BC municipalities. The year-over-year change in the violent crime rate is 3.53%, indicating a stable trend.
Now, let's talk about transportation. The closest Bus station is Northbound Granville St @ Drake St, which is just 0.09 km away from our property. This makes it easy to get around the city without a car.
Demographically, our neighborhood is a mix of young professionals and families. According to the data, 47% of people in our neighborhood have a university certificate or degree, which is High compared to other BC neighborhoods. In fact, 4.8% of the population in our neighborhood have no certificate or degree, which is Low compared to the average in BC.
When it comes to income, the median household income in our neighborhood is $55,936, which is Below Average compared to the British Columbia average. However, the median personal income is $40,817, which is Above Average compared to the BC average. The percentage of households with a mortgage is 72.8%, which is High.
Unemployment rates in our neighborhood are also low, with a rate of 5.9%, which is Below Average compared to other province neighborhoods.
In terms of population growth, our neighborhood has seen a significant increase of 40.2% between 2011 and 2016, which is High compared to average growth rates in the region.
We also have a high population density, with 34,624.2 people per square kilometer, which is High compared to other areas.
Family dynamics in our neighborhood are also interesting. The average size of families is 2.2, which is Low compared to the whole region. The percentage of families with children is 24.4%, which is Low. However, the percentage of married or living common law is 39.1%, which is Low.
In terms of age demographics, the average age of the population in our neighborhood is 38.6, which is Below Average compared to other BC cities.
Now, let's talk about real estate. The average value of dwellings in our neighborhood is $705,201, which is High compared to other areas in British Columbia.
We also have a high percentage of renters in our neighborhood, with 65.6% of the population renting their homes, which is High compared to other BC cities and areas.
When it comes to transportation, 26% of the population in our neighborhood use public transport, which is High. 27.2% of the population use cars, which is Low. 3.2% of
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