603 1318 Homer St, Vancouver, BC, MLS^® R3055783

As we walk through the vibrant neighborhood of Yaletown, I'd like to highlight the excellent schools that serve the community. This stunning home is located at 603 1318 Homer Street, Vancouver, BC, and is serviced by the highly-rated Elsie Roy Elementary School, which is just a short 0.26 km away. Elsie Roy Elementary has a rating of 6.1/10, making it a top choice for families in the area.

In addition to Elsie Roy Elementary, this property is also close to King George Secondary School, which is 1.95 km away. King George Secondary School has a rating of No Rating, but don't worry, we'll explore more about this school as we discover the community.

If you're looking for alternative educational options, the closest Elementary independent school to this home for sale is Anchor Point Montessori, which is 0.53 km away. Anchor Point Montessori has a rating of No Rating, but its unique approach to education may appeal to some families.

For Secondary independent school options, Pattison School is the closest, located just 0.77 km away. Pattison School also has a rating of No Rating, but its proximity to this home makes it a convenient choice for families.

Now, let's talk about 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. There were 52,217 incidents reported in the area, which is a significant concern for some families. However, it's essential to note that crime rates can fluctuate over time, and this neighborhood has seen a -14.94% year-over-year change in total crime rate.

In terms of specific types of crime, the drug crime rate is Average, with 1,604 incidents reported in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%. Property crimes are Above Average, with 35,089 incidents reported in 2020. The year-over-year change in the property misconduct rate is -20.80%. Violent crimes are Below Average, with 9,168 incidents reported in 2020.

Now that we've discussed safety, let's talk about the community's demographics. This neighborhood is home to 57% of people with a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 5.1% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this home is $88,789, which is Above Average compared to the British Columbia average. The median personal income is $47,701, which is also High compared to the BC average. The percentage of households with a mortgage is 56.2%, which is Average.

Unemployment rates are Low in this area, with a rate of 4.5%, which is compared to other province neighborhoods.

This property is located in a neighborhood with a population change of 1.9% between 2011 and 2016, which is Average compared to average growth rate of this region. The population density per square kilometer is 20,214.4, which is High people per sq.km.

Families in this area tend to be small, with an average size of 2.6, which is Low compared to the whole region. The percentage of families with children is 48.4%, which is Below Average. The percentage of married or living common law is 57.7%, which is Average.

The average age of the population in this area is 43.8, which is Above Average compared to other BC cities.

Now, let's talk about real estate in this neighborhood. The average value of dwellings is $1,095,068, which is High compared to other areas in British Columbia. The average owner payments are High in this area, with owners spending an average of $1,964 per month. Tenants are paying an average of $1,910 per month.

44.6% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

In terms of language, 10.7% of the population in this area speaks English and French, with 86.4% speaking only English and 2.8% speaking neither English nor French.

Transportation-wise, 22.8% of the population in this area use public transport, which is Above Average. 45.1% of the population use cars, which is Low. 2.6% of the population use bicycles, which is Above Average. 28.1% of the population walk, which is High.

This property, 603 1318 Homer Street, Vancouver, BC MLS^® R3055783