605 1255 Main St, Vancouver, BC, MLS^® R3066427

Welcome to 605 1255 Main Street, Vancouver, BC, a vibrant and eclectic neighborhood that offers the perfect blend of urban convenience and community charm. As a local realtor with years of experience, I'm excited to share with you the unique character of this neighborhood and why it's a fantastic choice for families, professionals, and anyone looking for a dynamic lifestyle.

Education

Let's start with the schools. Lord Strathcona Community Elementary School, located just 1.51 km from 605 1255 Main Street, is a popular choice among families. While it doesn't have a formal rating, parents appreciate the school's commitment to community involvement and providing a well-rounded education. Additionally, Britannia Community Secondary School is nearby, offering a range of academic and extracurricular programs.

For families seeking an independent school experience, St. Francis Xavier offers a highly rated education just 0.87 km from this home. With a rating of 9.8/10, parents can trust in the school's dedication to academic excellence and character development. Meanwhile, Columbia College, a secondary independent school, is just 0.44 km away, providing students with a unique learning environment and opportunities for growth.

Safety

When it comes to safety, the statistics are reassuring. According to the 2020 crime data from Statistics Canada, this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. While it's essential to note that crime rates can fluctuate, this neighborhood's rate is on par with other Canadian cities. In fact, the year-over-year change in the total crime rate is a significant -14.94%.

Breaking down the crime statistics further, we see that property crimes in the area are above average, with a rating of 5,020.27 incidents per 100,000 population in 2020. However, the year-over-year change in property misconduct rate is a positive -20.80%. Violent crimes are also relatively low, with a rate of 1,311.69 incidents per 100,000 population, which is below average compared to other BC municipalities.

Demographics

This neighborhood is home to a diverse and educated population. With 56.5% of residents holding a university certificate or degree, it's clear that this community values higher education. In fact, this number is higher than the provincial average. Conversely, only 3.6% of the population has no certificate or degree, which is lower than the average in BC.

The median household income in this neighborhood is $78,822, which is above average compared to other BC neighborhoods. Meanwhile, the median personal income is $47,376, also higher than the provincial average. Notably, 70.6% of households in this area have a mortgage, which is a high percentage.

Lifestyle and Amenities

One of the greatest advantages of living in this neighborhood is its proximity to amenities. The Main Street-Science World Station is just 0.04 km away, making it an ideal location for commuters. The neighborhood is also home to a range of parks, beaches, and trails, offering plenty of opportunities for outdoor recreation.

Downtown Vancouver is just a short walk or bike ride away, providing access to world-class shopping, dining, and entertainment options. The neighborhood is also served by a variety of public transportation options, including buses and the SkyTrain, making it easy to get around without a car.

Real Estate Context

The average value of dwellings in this neighborhood is $756,218, which is higher than the average in other BC areas. With 51.6% of the population renting, it's clear that this neighborhood is popular among renters. However, with average owner payments of $1,811 and tenant payments of $1,803, it's also an attractive option for homeowners.

In summary, 605 1255 Main Street, Vancouver, BC, MLS^® R3066427, offers a unique blend of community charm, urban convenience, and access to top-rated schools, amenities, and public transportation. Whether you're a family, professional, or simply looking for a dynamic lifestyle, this neighborhood has something to offer.