671 438 W King Edward Ave, Vancouver, BC, MLS^® R3022797

Welcome to the charming neighborhood of Cambie, where you'll find the perfect blend of community spirit and urban convenience.

Located at 671 438 W King Edward Avenue, MLS^® R3022797, this stunning property is nestled in the heart of Vancouver, BC, and is serviced by the highly-rated General Wolfe Elementary School – just 0.58 km away. While General Wolfe Elementary School itself has a rating of No Rating, I'm sure you'll love the friendly community and exceptional education that this school has to offer.

Just a short stroll away, you'll find Vancouver Talmud Torah Elementary School, an esteemed independent school with a rating of 9.3/10, located 0.96 km from this home. For secondary education, St. Patrick Regional Secondary School is a mere 1.62 km away, offering a No Rating, but a great opportunity for your children to grow and thrive.

Now, let's talk about the community. The freshest crime data from Statistics Canada (2020) reveals a neighborhood with a total of 52,217 disturbance incidents, resulting in an overall crime rate of 7,470.82. This is Average compared to other Canadian cities. Year-over-year, the total crime rate has decreased by 14.94%.

In terms of specific types of crime, the neighborhood surrounding 671 438 W King Edward Avenue, Vancouver, BC, has an Average drug crime rate, with a rating of 229.49 and 1,604 incidents in 2020. This represents a 1.58% year-over-year change in the illegal substances offenses ranking.

Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. This represents a 20.80% year-over-year decrease in the property misconduct rate. Lastly, the neighborhood has a Below Average violent crime rate, with 1,311.69 incidents and a 3.53% year-over-year increase.

Getting around is a breeze, thanks to the nearby King Edward Station @ Bay 3, just 0.09 km away from 671 438 W King Edward Avenue, MLS^® R3022797.

Now, let's delve into the demographics of the area. This neighborhood boasts a High percentage of residents with a university certificate or degree, at 43.1%, compared to the BC average. Conversely, only 11.8% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

Economically, the area surrounding 671 438 W King Edward Avenue, Vancouver, BC, has a Median Household Income of $89,549, which is Above Average compared to the BC average. The Median Personal Income is also Above Average, at $37,818. Interestingly, the percentage of households with a mortgage in this area is Below Average, at 51.7%.

In terms of employment, the unemployment rate in this area is a Low 5.1%, compared to other neighborhoods in the province.

The area has experienced Above Average growth between 2011 and 2016, with a 4% increase in population. This is a testament to the area's desirability and appeal.

In terms of population density, this neighborhood has a High 4,734.6 people per square kilometer, making it a vibrant and bustling community.

Family dynamics are also an important aspect of this neighborhood. The average size of families in the area is Average, at 2.9. However, a whopping 64.7% of families in this area have children, which is Above Average. Meanwhile, the percentage of married or living common-law couples is Below Average, at 56.2%.

In terms of age, the average age of the population in this area is Below Average, at 39.3.

Now, let's talk about housing. The average value of dwellings in this area is a staggering $1,720,455, which is High compared to other areas in British Columbia.

In terms of ownership and rental costs, owners in this area pay an average of $1,814 per month, while tenants pay $1,428 – both of which are High compared to other cities.

Finally, 37.9% of the population in this area are renters, which is Above Average compared to other BC cities and areas. The majority of residents, however, are English speakers, with 83.9% speaking only English, which is Below Average.

I hope this comprehensive overview of the neighborhood has given you a better sense of what it's like to live in Cambie. If you have any questions or would like to schedule a viewing, please don't hesitate to contact me, your trusted local realtor.

MLS^® R3022797, 671 438 W King Edward Avenue, Vancouver, BC