508 168 E Esplanade, North Vancouver, BC, MLS^® R3042924

Welcome to the vibrant community of Lower Lonsdale, where the stunning waterfront views and picturesque streets make it a dream come true for homebuyers in North Vancouver, BC. As we walk through the neighborhood, you'll notice the tranquility and safety that comes with a tight-knit community like this one.

For families, one of the top priorities is education, and we're lucky to have some of the best schools in the area. Just down the road from the stunning home for sale at 508 168 E Esplanade in Lower Lonsdale, North Vancouver, BC, MLS# R3042924, is St. Edmund's Elementary School, boasting an impressive rating of 9.1/10 from parents and students alike. With a distance of just 0.92 km from this beautiful home, you can rest assured that your little ones will receive the best education possible. (1)

As we take a closer look at the crime statistics in the area, you'll be pleased to know that the most recent data from Statistics Canada in 2020 shows a relatively low crime rate of 7,462.69 incidents per 100,000 population. Compared to other Canadian cities, this neighborhood falls into the Average category, making it a safe and desirable place to live. (2)

But what about the types of crimes that are most prevalent in the area? According to the latest statistics, the drug crime rate is below Average, with only 94 incidents reported in 2020, and a rating of 157.64. Meanwhile, property crimes are Above Average, with 2,307 incidents reported in the same year, and a rating of 3,868.86. (3)

Now, let's talk about the demographics of the area. According to the latest census data, 39.2% of residents in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 6.6% of the population has no certificate or degree, which is Low compared to the average in BC. (4)

In terms of income, the median household income in this area is $62,938, which is Below Average compared to the British Columbia average. However, the median personal income is $40,960, which is Above Average compared to the BC average. (5)

Another important factor to consider is the unemployment rate, which is a mere 3.1% in this area, making it Low compared to other province neighborhoods. (6)

As we explore the neighborhood further, you'll notice that the population change between 2011 and 2016 was a high 10%, which is a testament to the area's popularity and desirability. The population density per square kilometer is also a whopping 11,249.7, which is High compared to other areas in BC. (7)

Families with children make up a relatively low 37% of the population in this area, which is Low compared to the whole region. However, the average family size is a modest 2.3, which is Low compared to the average in the region. (8)

The average age of the population in this area is a respectable 46.8, which is High compared to other BC cities. (9)

Now, let's talk about the real estate in this area. The average value of dwellings is a staggering $656,758, which is High compared to other areas in British Columbia. Meanwhile, the average owner payments are Above Average, with owners spending an average of $1,445 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,343 per month, which is also High compared to other cities. (10)

In terms of transportation, 49.5% of the population in this area are renters, which is High compared to other BC cities and areas. However, 29.2% of the population use public transport, which is a High percentage, while 55.2% use cars, which is Low. (11)

Finally, let's talk about the linguistic diversity in this area. According to the latest census data, 9.1% of the population speaks English and French, which is Average, while 88.7% speak only English, which is Below Average. Meanwhile, 2.2% of the population speaks neither English nor French, which is Above Average compared to other BC cities. (12)

In conclusion, the community surrounding the stunning home for sale at 508 168 E Esplanade in Lower Lonsdale, North Vancouver, BC, MLS# R3042924, is a vibrant and desirable place to live. With its safe and stable environment, excellent schools, and high standard of living, this area is sure to appeal to families and individuals looking for a peaceful and fulfilling lifestyle.

References:

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