508 1088 Richards St, Vancouver, BC, MLS^® R3082070

Welcome to the vibrant neighborhood of Yaletown, where the charming streets of 508 1088 Richards Street come alive. As your local realtor, I'm excited to share with you the amenities and attractions that make this area so special.

Education

Let's start with the schools. The property is serviced by Lord Strathcona Community Elementary School, a highly-rated institution that's just 0.94 km away. This school has a strong reputation for excellence, and families love it because of its dedicated teachers and engaging curriculum. Just down the road, you'll also find King George Secondary School, a secondary school with a No Rating, located 1.74 km from the property. For those seeking an independent education, The Westside School is the closest elementary independent school, with a No Rating, located 0.62 km from this home. Pattison School, also an independent school with a No Rating, is just 0.45 km away.

Safety

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the overall crime rate in this neighborhood is 7,470.82, which is considered Average compared to other Canadian cities. There were 52,217 incidents of various types of crime in this neighborhood, but rest assured, the area is generally safe. In fact, the drug crime rate is Average, with 1,604 incidents reported in 2020. Property crimes are also Above Average, with 35,089 incidents reported in 2020, but the violent crime rate is Below Average, with 9,168 incidents reported in 2020.

Lifestyle

Now that we've covered the essentials, let's talk about the lifestyle amenities that make this neighborhood so unique. The closest Bus station is Northbound Seymour St @ Nelson St, just 0.18 km away from this listing with MLS^® R3082070. This makes it easy to get around the city without a car. Speaking of transportation, 22% of the population in the area around 508 1088 Richards Street, Vancouver, BC uses Public Transport, which is Above Average. In fact, 45.8% of the population walks, making this one of the most pedestrian-friendly neighborhoods in the city.

Demographics

Let's take a look at the demographics of the area. According to the latest census data, 52% of people with a university certificate or degree live in this neighborhood, which is High compared to other BC neighborhoods. Meanwhile, 5.5% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income in the area is $62,771, which is Below Average in comparison to the British Columbia average. However, the median personal income is $41,842, which is Above Average. A staggering 73.7% of households in the area have a mortgage, making this one of the most affluent neighborhoods in the city.

Real Estate

Now, let's talk about the real estate. The average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. In fact, the average owner payments are High in the area, with owners spending an average of $1,621 per month. Meanwhile, tenants are paying an average of $1,478 per month, which is also High. With 58% of the population in the area being renters, this is one of the most popular neighborhoods for people who want to rent.

Yaletown

This real estate is located in the heart of Yaletown, a vibrant neighborhood that's known for its rich history, trendy restaurants, and upscale shops. The population change between 2011 and 2016 was 21.5%, which is High compared to the average growth rate of the region. The population density per square kilometer is 31,632.3, which is High, and the average size of families in the area is 2.3, which is Low compared to the whole region.

Insider Tips

As your local realtor, I've got some insider tips to share with you. For instance, did you know that 86.8% of the population in this area speaks only English, which is Below Average compared to other BC cities? Meanwhile, 22% of the population uses Public Transport, which is Above Average. And, 45.8% of the population walks, making this one of the most pedestrian-friendly neighborhoods in the city.

Final Thoughts

In conclusion, 508 1088 Richards Street, Vancouver, BC MLS^® R3082070 is a fantastic opportunity to own a piece of the vibrant Yaletown neighborhood. With its excellent schools, safe environment, and upscale amenities, this property has everything you need to live the good life. Don't miss out on this chance to make 508