701 1318 Homer St, Vancouver, BC, MLS^® R2983245

Welcome to 701 1318 Homer Street, a stunning property located in the heart of Vancouver, BC! As a seasoned realtor, I'm excited to give you a tour of this fantastic home and share with you the unique features of the community.

First, let's talk about the schools. Elsie Roy Elementary School, located just a short 0.26 km from this beautiful property with listing MLS^® R2983245, has a rating of 6.1/10. Families love this area because of the excellent education system and the strong sense of community. King George Secondary School, another popular school in the area, is 1.95 km from the property and has a rating of No Rating. With several other schools in the vicinity, including Anchor Point Montessori and Pattison School, this neighborhood offers a wide range of educational options for families.

Now, let's take a look at the crime statistics. According to the latest data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82, which is typical of urban areas. However, with a rate of -14.94% year-over-year, the overall crime rate is decreasing. For those concerned about drug-related crimes, the rating near the MLS listing R2983245 is Average, with 229.49 incidents per 100,000 population. Property crimes in the area are Above Average, but with a rate of -20.80% year-over-year, the trend is moving in the right direction.

As for the demographics, this area is home to a diverse group of people. With 57% of residents holding a university certificate or degree, this is a highly educated neighborhood. In fact, the median household income in this area is $88,789, which is Above Average compared to other BC neighborhoods. The average age of the population is 43.8, making this a great community for families and young professionals.

Now, let's talk about the lifestyle amenities. This area is close to several parks, beaches, and trails, making it perfect for outdoor enthusiasts. You'll also find plenty of shopping malls, grocery stores, restaurants, and coffee shops nearby. With a high population density of 20,214.4 people per square kilometer, this area is bustling with energy and activity.

Transit-wise, the Westbound Pacific Blvd @ Drake St bus station is just 0.08 km away from this property with listing MLS^® R2983245, making it easy to get around the city.

As for the real estate context, the average value of dwellings in this neighborhood is $1,095,068, which is High compared to other areas in British Columbia. The average owner payments are also High, with $1,964 spent on average per dwelling. With 44.6% of the population renting, this is an Above Average number compared to other BC cities.

In terms of transportation, 22.8% of the population uses public transport, while 45.1% use cars. This is a Low number compared to other neighborhoods. However, 2.6% of people use bicycles, and 28.1% walk, making this a relatively active and eco-friendly community.

Overall, 701 1318 Homer Street is a fantastic property located in a vibrant and diverse neighborhood in Vancouver, BC. With its excellent schools, average crime rate, and high level of education, this area is a great place to call home. Whether you're a family, a young professional, or a retiree, this property has something to offer everyone.

Address: 701 1318 Homer Street, Vancouver, BC

Neighborhood: Yaletown

Schools: Elsie Roy Elementary School, King George Secondary School, Anchor Point Montessori, Pattison School

Crime Rate: Average (7,470.82 per 100,000 population)

Demographics: 57% university-educated, 56.2% of households with a mortgage, 4.5% unemployment rate

Lifestyle Amenities: Parks, beaches, trails, shopping malls, grocery stores, restaurants, coffee shops

Transit: Westbound Pacific Blvd @ Drake St bus station (0.08 km away)

Real Estate Context: Average value of dwellings ($1,095,068), High owner payments ($1,964), 44.6% of population renting

Transportation: 22.8% public transport, 45.1% cars, 2.6% bicycles, 28.1% walking