701 1133 Homer St, Vancouver, BC, MLS^® R3076785

Welcome to the vibrant community of Yaletown, where the sound of city life meets the tranquility of a beautiful neighborhood. As we walk through the charming streets of 701 1133 Homer Street, Vancouver, BC, I invite you to experience the unique blend of urban convenience and natural beauty that makes this area so special.

Let's start with the schools. Just down the road, you'll find Lord Strathcona Community Elementary School, which is a mere 1.08 km from this stunning home with MLS^® R3076785. This school has a rating of No Rating, but families love this area because of its strong community values and commitment to education. Additionally, King George Secondary School is just 1.83 km away, offering students a well-rounded education in a supportive environment.

As we explore the neighborhood, you'll notice the presence of independent schools like Anchor Point Montessori, which is 0.6 km from this property. This school has a rating of No Rating, but its proximity to home makes it an attractive option for families. Pattison School, another independent secondary school, is just 0.56 km away, offering students a unique learning experience.

Now, let's talk about safety. As a trusted realtor, I want to assure you that this neighborhood is considered Average in terms of crime rate, with 7,470.82 incidents per 100,000 population, according to the latest statistics from Statistics Canada (2020). While this might not be the lowest rate, it's essential to remember that crime rates can fluctuate over time. The good news is that the year-by-year change in total crime rate is -14.94%, indicating a decline in overall crime.

When it comes to specific types of crime, the rate for drug-related offenses is Average, with 229.49 incidents per 100,000 population. This is a reasonable rate, especially considering the urban nature of this neighborhood. Property crimes, however, are a bit higher, with a rate of Above Average at 5,020.27 incidents per 100,000 population. Nevertheless, the year-by-year change in property misconduct rate is -20.80%, showing a decline in property-related crimes.

Violent crimes, fortunately, are relatively low, with a rate of 1,311.69 incidents per 100,000 population, which is considered Below Average in comparison to other BC municipalities.

As we continue our tour, you'll notice the proximity to public transportation. The Yaletown-Roundhouse Station @ Bay 1 is just 0.13 km away from this home, making it an ideal location for those who rely on buses to get around.

Now, let's talk about the demographics of this neighborhood. With 52% of the population holding a university certificate or degree, this area is considered High in terms of educational attainment. In contrast, only 5.5% of the population has no certificate or degree, which is a Low number compared to the average in BC.

In terms of income, the median household income in this neighborhood is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average in comparison to the BC average. Notably, 73.7% of households in this census subdivision have a mortgage, which is a High percentage.

Unemployment rates in this area are also relatively low, at 4.3%, which is considered Low in comparison to other province neighborhoods.

This neighborhood has experienced significant growth, with a population change between 2011 and 2016 of 21.5%, which is High compared to the average growth rate of this region. The population density per square kilometer is 31,632.3, which is High.

In terms of family dynamics, the average size of families in this area is 2.3, which is Low compared to the whole region. Additionally, only 27.3% of families in this neighborhood have children, which is also Low. Married or living common-law couples make up 40.6% of the population, which is Low as well.

The average age of the population in this area is 38.8, which is Below Average compared to other BC cities.

As we explore the real estate context, it's worth noting that the average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. Owner payments are also High, with an average of $1,621 spent on dwellings. Tenants, on the other hand, pay an average of $1,478 per month, which is High compared to other cities.

Interestingly, 58% of the population in this district are renters, which is High compared to other BC cities and areas.

When it comes to language, 11.4% of the population in this area speaks both English