653 W 7th Ave, Vancouver, BC, MLS^® R3080788

Welcome to 653 W 7th Avenue, a beautiful home for sale in the heart of Vancouver, BC (MLS^® R3080788)!

As we step into this stunning property, you'll notice its prime location in the vibrant neighborhood of Fairview VW. This home is not only a residence but also a gateway to an exceptional quality of life, surrounded by top-notch schools, safe community, and excellent transit options.

Schools

Just a short stroll away, you'll find False Creek Elementary School, rated No Rating, located 0.63 km from this property (MLS^® R3080788). False Creek Elementary School is a wonderful option for families who value education and community spirit.

Kitsilano Secondary School, also rated No Rating, is just 3.35 km away, making it an excellent choice for students and families seeking quality education. We're proud to say that this area is a haven for families who prioritize their children's education.

Crime Statistics

According to the latest statistics from Statistics Canada (2020), this neighborhood has a relatively low crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a steady decline in crime incidents.

When it comes to drug-related crimes, the rating is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%.

Lifestyle Amenities

This property is nestled in a community that offers an abundance of lifestyle amenities. The closest Bus station is Eastbound W 6th Ave @ Heather St, just 0.14 km away from this listing (MLS^® R3080788).

Demographics

The demographics of this neighborhood are inviting, with 58.9% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, 2.8% of the population have no certificate or degree, a Low percentage compared to the average in BC.

The median household income in this area is $89,971, Above Average compared to the British Columbia average. Moreover, the median personal income is $57,280, High compared to the BC average. The percentage of households with a mortgage is 72.3%, High in this region.

Unemployment Rate

The unemployment rate in this area is 4.2%, Low compared to other province neighborhoods. This indicates a stable economy and a strong job market, making it an attractive place to live and work.

Community Growth

This neighborhood has experienced a significant population change between 2011 and 2016, with a growth rate of 69.4%. This is High compared to the average growth rate of this region, making it an exciting place to live, work, and invest.

Real Estate Context

The average dwelling value in this neighborhood is $814,643, High compared to other areas in British Columbia. The average owner payments are also High, with owners spending $1,860 on average for their dwellings. Tenants are paying $1,709, also High compared to other cities.

Transportation

As we walk through this neighborhood, you'll notice that 45.7% of the population are renters, Above Average compared to other BC cities and areas. The percentage of English and French speakers is 13.3%, Above Average, while the percentage of English speakers only is 85.4%, Below Average.

In terms of transportation, 27.5% of the population use public transport, which is High. 44.2% use cars, Low in this area. 6.7% use bicycles, High, and 20.4% walk, also High.

Your Dream Home Awaits!

653 W 7th Avenue, Vancouver, BC (MLS^® R3080788) is a rare find in the heart of this vibrant neighborhood. Don't miss this opportunity to own a piece of paradise in one of Vancouver's most desirable areas. Contact me today to schedule a viewing and make this property your dream home!