5942 Laurel St, Vancouver, BC, MLS^® R3087028

Welcome to 5942 Laurel Street, a stunning property located in the heart of Vancouver, BC. As a seasoned realtor, I'm excited to share with you the unique features and benefits of this incredible home, which is listed under MLS^® R3087028.

Family-Friendly Community

This home is part of the highly sought-after Oakridge VW neighborhood, where families love the excellent schools. Our first stop is Dr. Annie B. Jamieson Elementary School, which is rated 8.3/10 and located just 0.52 km from the property. The school offers a nurturing environment that fosters a love of learning, making it an ideal choice for families. We also have Vancouver College, an independent elementary school with a rating of 10/10, located 0.94 km from the home. For secondary education, King David High School, with a rating of No Rating, is just 0.23 km away.

Safe and Secure Neighborhood

As we explore the neighborhood, you'll notice that it has an Average crime rate compared to other Canadian cities, with 52,217 incidents per 100,000 population in 2020. According to Statistics Canada, the overall crime rate near 5942 Laurel Street is 7,470.82, which is Average. The good news is that the crime rate has decreased by 14.94% year-over-year, making this a relatively safe and secure area to live in.

Thriving Community

Our neighborhood is a vibrant and diverse community, with 43.9% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $58,197, which is Below Average compared to the British Columbia average. However, the median personal income is $27,930, also Below Average. The unemployment rate in the area is 6.1%, which is Below Average compared to other province neighborhoods.

Commuter's Paradise

With the Northbound Oak St @ W 43 Ave bus station just 0.24 km away, you'll have easy access to public transportation. The average travel time to downtown Vancouver is approximately 20-30 minutes, making it an ideal location for commuters.

Lifestyle Amenities

Our neighborhood is surrounded by excellent lifestyle amenities, including parks, beaches, and trails. You'll also find a variety of shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, making it easy to maintain a healthy work-life balance.

Real Estate Context

The average value of dwellings in this neighborhood is $2,242,269, which is High compared to other areas in British Columbia. The average owner payments are $1,928, while tenants pay $1,490, which is also High compared to other cities.

Demographics

Our community is a mix of renters and owners, with 36% of the population renting, which is Above Average compared to other BC cities and areas. The average age of the population is 44.1, which is Above Average compared to other BC cities.

Language and Transportation

The majority of residents speak English only, with 84.3% of the population, which is Below Average. However, 6.4% of residents speak both English and French, which is Average. The area is well-connected, with 29.1% of residents using public transport, which is High. Cars are the primary mode of transportation, with 63.5% of residents using them, which is Low.

In conclusion, 5942 Laurel Street is an exceptional property located in a family-friendly community with excellent schools, a safe and secure neighborhood, and a thriving community. With its prime location, easy access to public transportation, and a range of lifestyle amenities, this home is an ideal choice for anyone looking to live in Vancouver, BC. Contact me today to schedule a viewing and make this property your dream home!

MLS^® R3087028