701 1050 Burrard St, Vancouver, BC, MLS^® R2974675

Welcome to 701 1050 Burrard Street, a vibrant address in the heart of Vancouver, BC!

As we step into this exciting neighborhood, I'm delighted to share with you the rich details that make this community so special. Located in the Downtown VW area, this property at 701 1050 Burrard Street is a gem that offers the perfect blend of urban convenience and lifestyle amenities.

Schools in the Area:

Just down the road, you'll find Lord Strathcona Community Elementary School, a highly rated institution that's just a 1.03 km walk from your front door. This school has a No Rating, but families love this area because of its strong sense of community and excellent educational resources. Additionally, King George Secondary School is also nearby, with a No Rating, but it's only a 1.3 km walk from your home.

For parents seeking independent school options, Anchor Point Montessori is the closest elementary school, with a No Rating, but it's just a 0.44 km stroll from your home. For secondary independent school options, Pattison School is also close by, with a No Rating, and it's just a 0.16 km walk from your doorstep.

Crime Rates:

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a total crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of volation disturbances is 52,217, which is relatively low. The crime rate has actually decreased by 14.94% year-over-year, indicating a safe and stable community.

Demographics:

This neighborhood is a haven for families and professionals alike. With 52% of residents holding a university certificate or degree, this area is considered High compared to other BC neighborhoods. Additionally, the median household income is $62,771, which is Below Average compared to the BC average. However, the median personal income is $41,842, which is Above Average in comparison to the BC average. A staggering 73.7% of households in this area are mortgaged, indicating a strong sense of homeownership.

Transit:

Convenience is just a step away when you live at 701 1050 Burrard Street. The Northbound Burrard St @ Comox St bus station is just 0.09 km away from your home, making it easy to get around the city.

Lifestyle Amenities:

This neighborhood is a treasure trove of lifestyle amenities. With a high population density of 31,632.3 people per square kilometer, you'll never be far from the action. The average family size in this area is 2.3, which is Low compared to the region. However, the percentage of families with children is 27.3%, which is also Low. The average age of the population is 38.8, which is Below Average compared to other BC cities.

Real Estate Context:

The average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending an average of $1,621 per month. Tenants in the area are paying $1,478 on average, which is also High compared to other cities.

Environment:

This neighborhood is a hub of activity, with 58% of the population being renters, which is High compared to other BC cities. The percentage of English and French speakers is 11.4%, which is Above Average, while the percentage of English speakers only is 86.8%, which is Below Average. The percentage of neither English nor French speakers is 1.6%, which is Above Average.

Transportation:

Getting around is a breeze when you live at 701 1050 Burrard Street. 22% of the population uses public transport, which is Above Average, while 28% use cars, which is Low. 2% of the population uses bicycles, which is Above Average, and 45.8% walk, which is High.

In conclusion, 701 1050 Burrard Street is an exceptional address in the heart of Vancouver, BC. With its excellent schools, safe and stable community, and abundance of lifestyle amenities, this property at MLS^® R2974675 is a must-see for anyone looking for the perfect home.