5522 Oak St, Vancouver, BC, MLS^® R3064700

Welcome to 5522 Oak Street, a beautiful home for sale in the heart of Vancouver, BC.

As a trusted and experienced realtor, I'd like to give you a tour of this fantastic neighborhood, highlighting the key features that make it an ideal place to call home.

Education

Just down the road from 5522 Oak Street, you'll find Dr. Annie B. Jamieson Elementary School, a top-rated institution with a rating of 8.3/10. This school is conveniently located 1.01 km from the property, making it an excellent option for families with kids. In fact, Vancouver College, a highly rated independent school with a rating of 10/10, is just 0.62 km away.

Safety

The crime data from Statistics Canada (2020) shows that the neighborhood surrounding 5522 Oak Street has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means you can enjoy a safe and peaceful living environment. Specifically, the property crime rate is Above Average, but the violent crime rate is Below Average, with a rate of 1,311.69, making it one of the lowest in the province.

Demographics

The neighborhood adjacent to 5522 Oak Street is home to a diverse population. According to the latest census data, 47.4% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, 8.4% of the population has no certificate or degree, which is Low compared to the average in BC.

Transit

You'll love the convenient access to public transportation in this neighborhood. The closest bus station, Northbound Oak St @ W 38 Ave, is just 0.15 km away from 5522 Oak Street. According to the latest data, 24.7% of the population uses public transport, which is Above Average.

Lifestyle Amenities

The area around 5522 Oak Street offers an excellent selection of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. You'll find everything you need to live a happy and healthy life.

Real Estate Context

This home, listed as MLS^® R3064700, is located in the highly sought-after Cambie neighborhood. The average dwelling value in this area is $2,663,509, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending an average of $2,014 per month on their dwellings.

Renters and Owners

According to the latest data, 19.6% of the population in this area are renters, which is Average compared to other BC cities and areas. The average tenant payments are High, with tenants paying an average of $1,979 per month.

Language and Transportation

The neighborhood surrounding 5522 Oak Street has a diverse population, with 7.3% of residents speaking both English and French, 84.2% speaking only English, and 8.3% speaking neither English nor French. In terms of transportation, 64.2% of the population uses cars, which is Low, while 24.7% use public transport, which is Above Average.

Unemployment and Population Growth

The unemployment rate in this area is 5.6%, which is Low compared to other provinces. The population growth rate between 2011 and 2016 was -1%, which is Below Average compared to the average growth rate of this region.

Family Dynamics

The average family size in this area is 2.9, which is Average compared to the whole region. However, 64.1% of families have children, which is Above Average. In contrast, 51.3% of the population are married or living common law, which is Below Average.

Age and Housing

The average age of the population in this area is 52.1, which is High compared to other BC cities. The average value of dwellings in this neighborhood is $2,663,509, which is High compared to other areas in British Columbia.

I hope this tour has given you a good sense of what makes 5522 Oak Street, Vancouver, BC (MLS^® R3064700) such a wonderful place to call home. If you have any questions or would like to schedule a viewing, please don't hesitate to contact me.