509 7428 Alberta St, Vancouver, BC, MLS^® R3075510

Welcome to 509 7428 Alberta Street, a stunning property in Vancouver, BC's desirable South Cambie neighbourhood!

As we explore this beautiful home, you'll find it's serviced by two excellent schools: J.W. Sexsmith Community Elementary School, a mere 0.2 km away, and Sir Winston Churchill Secondary School, just 0.97 km from your doorstep. Both schools boast a rating of No Rating, but we know that families love this area because of its strong academic reputation.

Explore the Community

Just down the road, you'll find the closest Elementary independent school, St. Andrew's, with a rating of No Rating, located 1.64 km from this home. For Secondary independent schooling, Royal Canadian College is just 1.2 km away, also with a rating of No Rating.

Safety in the Community

According to Statistics Canada's 2020 report, our neighbourhood has an average crime rate of 7,470.82 incidents per 100,000 population, which is in line with other Canadian cities. While there were 52,217 disturbances in our area, the overall crime rate is considered Average. Year-over-year, the crime rate has decreased by 14.94%. When it comes to drug crime, the rating is Average, with 1,604 incidents in 2020, a 1.58% increase from the previous year. Property crimes in our neighbourhood are Above Average, with 35,089 incidents in 2020, a 20.80% decrease from the previous year. Violent crime rates are Below Average, with 1,311.69 incidents in 2020, a 3.53% increase from the previous year.

Getting Around

The closest Bus station is Northbound Cambie St @ W 59 Ave, just 0.27 km away from this listing with MLS^® R3075510.

Community Demographics

In our vibrant neighbourhood, 36.9% of residents hold a university certificate or degree, which is High compared to other BC neighbourhoods. Conversely, 12.6% of the population has no certificate or degree, which is Below Average. The median household income is $59,026, which is Below Average compared to the British Columbia average. The median personal income is $25,196, also Low compared to the BC average. A surprising 47.5% of households in our area have a mortgage, which is Low. Unemployment rates in our area are Average at 8.6%.

Growth and Development

Our neighbourhood has experienced High population growth between 2011 and 2016, with a 9.1% increase. The population density in our community is 3,163.9 people per square kilometre, which is Above Average. Families in our area are smaller, with an average size of 2.8 people, which is Below Average. However, 65.3% of families in our neighbourhood have children, which is Above Average. Married or living common law couples make up 52.7% of our population, which is Below Average.

Community Amenities

The average age of our population is 43.3, which is Above Average compared to other BC cities. The average value of dwellings in our neighbourhood is $1,474,672, which is High compared to other areas in British Columbia. Average owner payments are Above Average in our area, with $1,441 spent on dwellings. Tenants are paying $1,368, which is High compared to other cities. A surprising 42.1% of our population are renters, which is Above Average compared to other BC cities and areas.

Transportation and Commuting

In our neighbourhood, 35.5% of the population uses Public Transport, which is High. Cars are used by 58.3% of our population, which is Low. 3% of people use Bicycles, which is Above Average, while 2.7% of the population walks, which is Below Average.

Experience the Best of South Cambie

With its desirable location, excellent schools, and vibrant community, 509 7428 Alberta Street is the perfect home for you and your family. Contact me today to schedule a viewing and experience the best of South Cambie!