603 1238 Burrard St, Vancouver, BC, MLS^® R3073309

Welcome to 603 1238 Burrard Street, a stunning property located in the heart of Vancouver's Downtown VW neighborhood, boasting the listing MLS^® R3073309. As we step into this vibrant community, let's start with the local schools. Elsie Roy Elementary School, just a short 0.88 km stroll away, offers a rating of 6.1/10, providing families with access to quality education. This school is a gem in the neighborhood, and families love it because it fosters a strong sense of community and academic excellence.

Just down the road, King George Secondary School stands proudly with a rating of No Rating, offering students a comprehensive education and a wide range of extracurricular activities. This school is a vital part of the community, and its proximity to 603 1238 Burrard Street makes it an excellent choice for families.

For those seeking an alternative to traditional public schools, Anchor Point Montessori, an independent elementary school with a No Rating, is conveniently located just 0.19 km away. This school offers a unique approach to education, focusing on hands-on learning and social responsibility.

Pattison School, another independent secondary school with a No Rating, is situated 0.42 km from 603 1238 Burrard Street. This school provides students with a personalized education, emphasizing creativity, critical thinking, and community engagement.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts an average crime rate of 7,470.82, which is comparable to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a reduction in crime over time. Specifically, the drug crime rate is average, with a rating of 229.49, and the number of illegal substances lawbreaking disturbances is 1,604. The year-over-year change in the illegal substances offenses ranking is 1.58%.

In terms of property crimes, this neighborhood is above average, with a rating of 5,020.27, indicating a higher incidence of property misconduct. However, the year-over-year change in the property misconduct rate is -20.80%, showing a decrease in property-related crimes.

Violent lawbreaking disorders are a concern in any community, but in this area, the rate is below average, with 1,311.69 incidents per 100,000 population. The year-over-year change in the violent crime rate is 3.53%, indicating a slight increase.

Now, let's explore the neighborhood's amenities. The closest bus station, Southbound Burrard St @ Burnaby St, is just 0.04 km away from MLS^® R3073309, making public transportation easily accessible.

Regarding demographics, this neighborhood boasts a high percentage of university certificate/degree holders, with 47% of the population holding a degree, which is higher compared to other BC neighborhoods. Conversely, 4.8% of the population has no certificate or degree, which is lower compared to the average in BC.

The median household income in this neighborhood is $55,936, which is below average compared to the British Columbia average. However, the median personal income is $40,817, which is above average compared to the BC average. Furthermore, 72.8% of households in this neighborhood have a mortgage, which is a high percentage.

Unemployment rates in this area are below average, with a rate of 5.9%, indicating a strong job market.

This neighborhood has experienced a high population growth rate of 40.2% between 2011 and 2016, making it one of the fastest-growing areas in the region. The population density per square kilometer is 34,624.2, which is high compared to other areas.

On average, families in this neighborhood have 2.2 members, which is lower compared to the whole region. The percentage of families with children is 24.4%, which is low. Additionally, the percentage of married or living common-law couples is 39.1%, which is also low.

The average age of the population in this area is 38.6 years, which is below average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $705,201, which is high compared to other areas in British Columbia. The average owner payments are high, with $1,746 spent on average for dwellings. Tenants are also paying a high average of $1,369 in this district.

Interestingly, 65.6% of the population in this district are renters, which is high compared to other BC cities and areas.

Language-wise, 12% of the population speaks both English and French, which is above average. However, the percentage of English speakers only is 86%, which is below average. The percentage of French speakers