512 950 Drake St, Vancouver, BC, MLS^® R3059873

Welcome to 512 950 Drake Street, a stunning property in Downtown Vancouver, BC, proudly listed as MLS^® R3059873.

As we step into this vibrant neighborhood, I'm excited to share with you the wonderful amenities and characteristics that make this area truly special. Let's start with the educational institutions, a top priority for many families.

Schools:

This property is serviced by the highly-rated Elsie Roy Elementary School, located just 0.83 km from your doorstep. With a rating of 6.1/10, families love Elsie Roy for its excellent academic programs and nurturing environment. We also have King George Secondary School nearby, a short 1.43 km walk from home, offering a comprehensive education for your kids.

In addition, you'll find the esteemed Anchor Point Montessori, an independent elementary school with a rating of No Rating, just 0.07 km from your home. For secondary education, Pattison School, also an independent school with a rating of No Rating, is conveniently located 0.54 km from your doorstep.

Crime and Safety:

According to Statistics Canada's 2020 report, the neighborhood surrounding 512 950 Drake Street, Vancouver, BC, has an overall crime rate of 7,470.82 per 100,000 population, which is Average compared to other Canadian cities. This means you can enjoy peace of mind knowing that this area is relatively safe. In fact, the crime rate has decreased by 14.94% over the years, making it an attractive choice for families.

Demographics:

This neighborhood boasts a high level of education, with 47% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. You'll also find that 4.8% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $55,936, which is Below Average compared to the British Columbia average, while the median personal income is $40,817, which is Above Average in comparison.

Transit and Commuting:

Getting around is a breeze with the Southbound Burrard St @ Harwood St bus station just 0.06 km from your home, making it an ideal location for those who rely on public transportation. With 26% of the population using public transport, 27.2% driving cars, 3.2% using bicycles, and 41.7% walking, you'll find that getting around this neighborhood is convenient and enjoyable.

Lifestyle Amenities:

This area is packed with lifestyle amenities, including:

• Parks and beaches for outdoor enthusiasts
• Dog parks and trails for nature lovers
• Shopping malls and grocery stores for convenience
• Restaurants and coffee shops for a taste of local culture
• Hospitals nearby for any medical needs

Real Estate Context:

The average dwelling value in this neighborhood is $705,201, which is High compared to other areas in British Columbia. With 65.6% of the population renting, it's clear that this area is a popular choice for those who want to experience the Downtown Vancouver lifestyle without breaking the bank.

Owner and Tenant Insights:

Average owner payments are High in this area, with homeowners spending $1,746 per month on their dwellings. Meanwhile, tenants are paying $1,369 per month, which is also High compared to other cities.

Language and Culture:

You'll find that 12% of the population speaks English and French, making it an Above Average percentage. The majority of residents speak English only, with 86% of the population, while 0.2% speak French only, making it Below Average. Finally, 1.8% of the population speaks neither English nor French, which is Above Average compared to other BC cities.

In conclusion, 512 950 Drake Street, Vancouver, BC, MLS^® R3059873, is a stunning property located in the heart of Downtown Vancouver. With its excellent schools, convenient transit options, and abundance of lifestyle amenities, this area is perfect for families and individuals who want to experience the best of urban living.