5405 Wales St, Vancouver, BC, MLS^® R3068425

Welcome to this beautiful property at 5405 Wales Street in Vancouver, BC. This stunning home, listed as MLS^® R3068425, is not only a great place to call home but also offers a fantastic location in the heart of Collingwood VE. As we walk through this vibrant neighborhood, let's start with the local schools.

Just down the road, you'll find G. T. Cunningham Elementary School, rated 5.8/10. This school is a short 0.44 km away from our property, making it an ideal choice for families. Plus, with Gladstone Secondary School nearby, rated No Rating, your children will have access to quality education from elementary to high school. For those interested in independent schools, Corpus Christi School, with a rating of 10/10, is just 1.15 km away, and Vancouver Formosa Academy, with No Rating, is 0.46 km from our home.

Now, let's talk about the community's safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. With 52,217 disturbances reported in 2020, you can rest assured that our community is taking steps to ensure a safe environment for its residents. The year-over-year change in the total crime rate is -14.94%, indicating a decline in crime rates.

In terms of specific crime rates, drug-related offenses are Average, with a rating of 229.49. According to the data, there were 1,604 incidents reported in 2020, and the year-over-year change is 1.58%. Property crimes are Above Average, with a rating of 5,020.27, and 35,089 incidents reported in 2020. The year-over-year change is -20.80%. Violent crime rates are Below Average, with a rating of 1,311.69 and 9,168 incidents reported in 2020. The year-over-year change is 3.53%.

Now, let's explore the neighborhood's amenities. The closest bus station is Northbound Clarendon St @ E 39 Ave, just 0.28 km away. With a high level of accessibility, you'll have no problem getting around the city.

In terms of demographics, 22.5% of people with a university certificate or degree live in this neighborhood, which is Above Average compared to other BC neighborhoods. On the other hand, 21.9% of the population has no certificate or degree, also Above Average. The median household income near our property is $65,067, which is Average in comparison to the British Columbia average. The median personal income is $24,461, which is Low, and 44.7% of households have a mortgage, which is Low.

The unemployment rate in the area is 5.7%, which is Below Average compared to other province neighborhoods. This is great news for those looking to find employment in the area.

In terms of population growth, the area around 5405 Wales Street, Vancouver, BC has experienced a high population change of 10.3% between 2011 and 2016, which is High compared to average growth rates in the region. The population density per square kilometer is 6,495.7, which is High.

The average size of families in the area is 2.9, which is Average. However, 70.3% of families have children, which is High. Married or living common law couples make up 52.3% of the population, which is Below Average. The average age of the population is 41.4, which is Average.

Now, let's talk about real estate. The average value of dwellings in this neighborhood is $1,364,560, which is High compared to other areas in British Columbia. Average owner payments are Above Average, with owners spending an average of $1,334 per month. Tenants, on the other hand, are paying $1,143 per month, which is Above Average.

Finally, 43.2% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The majority of the population, 82%, speaks only English, which is Below Average. Meanwhile, 14.6% of the population speaks neither English nor French, which is High.

In terms of transportation, 34.6% of the population uses public transport, which is High. 61% of the population uses cars, which is Low. 1.1% of the population uses bicycles, which is Average, and 1.9% of the population walks, which is Low.

Overall, 5405 Wales Street, Vancouver, BC, as listed in MLS^® R3068425, offers