506 5212 Cambie St, Vancouver, BC, MLS^® R3077141

Welcome to 506 5212 Cambie Street, Vancouver, BC - MLS^® R3077141

As we step into this vibrant community, you'll discover a haven that perfectly blends convenience, lifestyle, and natural beauty. Let's explore the amenities and attractions that make this neighborhood a sought-after destination.

Education

Just down the road, you'll find Sir Wm Van Horne Elementary School, rated 6.2/10, with a convenient 0.98 km distance from our property (MLS^® R3077141). This school offers a solid foundation for young minds, and families love this area because of its excellent education system.

For those seeking a higher education, Vancouver Talmud Torah Elementary School, rated 9.3/10, is just 1.34 km away. Meanwhile, King David High School, with its unique approach, is a mere 0.78 km from our home, offering an independent secondary education experience.

Safety and Crime Rates

According to the latest Statistics Canada data (2020), this neighborhood boasts an average crime rate of 7,470.82, which is commensurate with other Canadian cities. The rate of 52,217 violations is relatively low, providing peace of mind for residents. Specifically, the drug crime rate is average, with a rating of 229.49, and the year-over-year change in illegal substances offenses is a modest 1.58%. Property crimes are slightly above average, but the rate has decreased by 20.80% over the years. Violent crimes are below average, with a rate of 1,311.69, and the year-over-year change is a positive 3.53%.

Transit and Commuting

For easy access to public transportation, the Northbound Cambie St @ W 37 Ave bus station is just 0.09 km away. Commuting is a breeze, with a moderate 40.7% of residents using public transport, while 59.7% rely on cars, and 5.7% prefer bicycles.

Demographics and Lifestyle

This community is a melting pot of cultures, with a diverse population. A significant 40.7% of residents hold a university certificate or degree, which is high compared to other BC neighborhoods. Conversely, 12.6% of the population has no certificate or degree, which is below average. The median household income is $70,617, which is average compared to the BC average. Interestingly, 42.8% of households in this area have a mortgage, which is relatively low.

Real Estate and Housing

The average value of dwellings in this neighborhood is $1,806,306, which is high compared to other areas in British Columbia. As an owner, you can expect to pay an average of $1,661 in mortgage payments, while tenants pay $1,253, making it an attractive option for investors. A notable 38.4% of the population in this area are renters, which is above average compared to other BC cities.

Language and Culture

The community is predominantly English-speaking, with 83.9% of residents using English as their primary language. However, 7.1% of the population uses neither English nor French, which is relatively high. Meanwhile, 9% of residents speak both English and French, and 0.1% speak French only, making it an interesting linguistic landscape.

Urban Planning and Infrastructure

The population density in this area is 2,643.9 people per square kilometer, which is above average. The average family size is 2.8, which is below average, and 62.4% of families have children, making it an attractive option for young families. The average age of the population is 44.9 years, which is above average.

Unemployment and Economy

The unemployment rate in this area is a low 4.9%, making it an attractive option for job seekers. The median personal income is $33,227, which is average compared to the BC average.

As we conclude our tour of 506 5212 Cambie Street, Vancouver, BC - MLS^® R3077141, you'll appreciate the unique blend of lifestyle, convenience, and natural beauty that this community offers. Whether you're a young family, a professional, or an investor, this property is sure to meet your needs.