505 560 Cardero St, Vancouver, BC, MLS^® R3077854

Welcome to 505 560 Cardero Street, a stunning property located in the heart of Vancouver's Coal Harbour neighbourhood. This beautiful home, listed as MLS(R) R3077854, is surrounded by a vibrant community that offers the perfect blend of urban convenience and natural beauty.

Let's start our tour at the local schools. Lord Roberts Annex is just a short 0.92 km away from this property, providing students with access to quality education and a supportive learning environment. With a rating of No Rating, this school is a great option for families looking for a well-rounded education. In addition to Lord Roberts Annex, King George Secondary School is also nearby, with a rating of No Rating and located just 0.54 km away. This school offers a wide range of academic and extracurricular programs, making it a great choice for students of all ages.

As we move on to the crime statistics, let's take a look at the latest data from Statistics Canada. According to the 2020 report, this neighbourhood has a crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With 52,217 disturbances reported in the area, this neighbourhood is a safe and secure place to call home. The drug crime rate is also Average, with a rating of 229.49 and 1,604 incidents reported in 2020. The property crime rate is Above Average, with a rating of 5,020.27 and 35,089 incidents reported in the same year.

When it comes to public transportation, the Westbound W Georgia St @ Cardero St bus station is just 0.15 km away from this property, making it easy to get around the city without a car. In fact, 26.7% of the population in this area uses public transportation, making it a convenient and eco-friendly option.

Now, let's take a look at the demographics of this neighbourhood. With 51.8% of the population holding a university certificate or degree, this area is highly educated and values knowledge. In fact, this is one of the highest percentages in all of BC. On the other hand, 4% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this area is $63,206, which is Average compared to the BC average. However, the median personal income is $37,148, which is Above Average. When it comes to homeownership, 47.7% of households in this area have a mortgage, which is Low compared to other areas.

This neighbourhood is also home to a diverse population, with 10.6% of residents speaking both English and French, and 85.4% speaking only English. However, 3.9% of residents speak neither English nor French, which is High compared to other BC cities.

As we explore the community, we'll also notice that 66.3% of the population in this area are renters, which is High compared to other BC cities. However, the average owner payments are High in this area, with owners spending an average of $2,182 per month on their dwellings. Tenants, on the other hand, pay an average of $1,783 per month, which is also High compared to other cities.

In terms of population growth, this area has seen an Above Average growth rate of 6% between 2011 and 2016. With a population density of 20,276.1 people per square kilometre, this area is one of the most densely populated in the city. However, the average size of families in this area is Low, with 2.4 people per household.

The average age of the population in this area is 43.3 years, which is Above Average compared to other BC cities. With 39.8% of families having children, this area is a great place to raise a family. However, the percentage of married or living common law couples is Below Average, with 54% of the population in this category.

As we wrap up our tour of 505 560 Cardero Street, I hope you can see why this property is a great choice for anyone looking for a vibrant and convenient place to call home. With its stunning location, great schools, and diverse community, this property is sure to exceed your expectations.