671 438 W King Edward Ave, Vancouver, BC, MLS^® R3086160

Welcome to 671 438 W King Edward Avenue, Vancouver, BC, a beautiful property with the MLS listing number R3086160!

As we walk through this charming neighborhood, you'll notice the proximity to excellent educational institutions. The property is serviced by General Wolfe Elementary School, which is a 0.58 km walk from the home. General Wolfe Elementary School has a rating of No Rating, but it's a great option for families in the area.

Just down the road, you'll find the Vancouver Talmud Torah Elementary School, a highly-rated independent school with a 9.3/10 rating. It's a 0.96 km walk from the property, making it an ideal choice for families who value education.

As we continue our tour, we'll explore the local crime statistics. According to the 2020 data from Statistics Canada, the neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. However, it's worth noting that the rate has decreased by 14.94% year-over-year.

The drug crime rate in the area is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in the city in 2020, which is a notable number. However, the year-over-year change in the illegal substances offenses ranking is a relatively small 1.58%.

Moving on to property crimes, the neighborhood has an Above Average rate, with a property misconduct rating of 5,020.27. There were 35,089 property crimes in the neighborhood in 2020, which is a significant number. However, the year-over-year change in the property misconduct rate is a decrease of 20.80%.

In terms of violent crime, the neighborhood has a Below Average rate, with 1,311.69 incidents per 100,000 population. This is a reassuring statistic for those who value safety.

Now, let's talk about transportation. The closest Bus station is King Edward Station @ Bay 3, which is just 0.09 km away from the property. With easy access to public transportation, you'll be able to get around the city with ease.

As we delve into the demographics of the neighborhood, we find that 43.1% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 11.8% 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 in the neighborhood is $89,549, which is Above Average compared to the British Columbia average. The median personal income is $37,818, which is also Above Average. However, the percentage of households with a mortgage is 51.7%, which is Below Average.

The unemployment rate in the area is 5.1%, which is Low compared to other province neighborhoods. Population change between 2011 and 2016 was 4%, which is Above Average compared to the average growth rate of the region.

Looking at the population density, we find that it's 4,734.6 people per square kilometer, which is High. The average size of families in the area is 2.9, which is Average compared to the whole region. However, 64.7% of families have children, which is Above Average.

In terms of age, the average age of the population is 39.3, which is Below Average compared to other BC cities.

As we explore the real estate context, we find that the average value of dwellings in the neighborhood is $1,720,455, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,814 per month. Tenants are paying an average of $1,428 per month, which is also High.

Finally, 37.9% of the population in the district are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers is 12.2%, which is Above Average. However, the percentage of Neither English nor French speakers is 3.9%, which is High.

In terms of transportation, 27.7% of the population use public transport, which is High. 51.1% of the population use cars, which is Low. 11.5% of the population use bicycles, which is High. 8.4% of the population are walking, which is Above Average.

This charming property at 671 438 W King Edward Avenue, Vancouver, BC, with the MLS listing number R3086160, offers the perfect blend of education, transportation, and lifestyle amenities.