701 738 Broughton St, Vancouver, BC, MLS^® R3075827

Welcome to the charming West End neighborhood, where I'm delighted to showcase the incredible value of this home located at 701 738 Broughton Street, Vancouver, BC, proudly listed as MLS^® R3075827.

As we walk through this beautiful community, you'll notice it's served by the esteemed Lord Roberts Annex, a mere 0.56 km from the property. Although Lord Roberts Annex doesn't have a rating, it's a testament to the neighborhood's commitment to quality education. You'll also find King George Secondary School, a 0.56 km stroll away, providing a great option for your family's educational needs.

For those seeking independent schools, Madrona School is just 0.89 km away, offering an alternative learning environment. Pattison School, an independent secondary school, is also nearby, located 0.87 km from this address.

Now, let's talk about safety. According to the 2020 crime statistics from Statistics Canada, this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. This is comparable to other Canadian cities. The year-over-year change in the total crime rate is a notable -14.94%. When it comes to drug crime, the rate is average, with a rating of 229.49 incidents per 100,000 population. Property crimes, however, are above average, with a rating of 5,020.27 incidents per 100,000 population.

Despite the low crime rates, it's essential to be aware of your surroundings. Thankfully, the closest bus station, Eastbound W Georgia St @ Broughton St, is just 0.09 km away, providing a convenient and safe commute.

Now, let's explore the demographics of this vibrant neighborhood. With 57.4% of residents holding a university certificate or degree, this area stands out as one of the highest in BC. In contrast, only 3.2% of the population has no certificate or degree, a notable low compared to the average in BC.

The median household income near this home is $71,774, which is average compared to the British Columbia average. However, the median personal income is $39,381, which is above average in comparison to the BC average. Interestingly, 56% of households in this census subdivision have a mortgage, which is average.

Unemployment rates in this area are also noteworthy, with a rate of 6.4%, which is below average compared to other province neighborhoods.

As we delve into the neighborhood's growth and development, we see a 10.5% population change between 2011 and 2016, which is high compared to the average growth rate of this region.

In terms of population density, this area boasts a remarkable 16,333.9 people per square kilometer, which is high. The average family size in this area is 2.5, which is low compared to the whole region. Additionally, 43.2% of families with children reside nearby, which is low. Married or living common-law couples make up 54.2% of the population, which is below average.

The average age of the population in this area is 40.2 years, which is below average compared to other BC cities.

On the topic of housing, the average value of dwellings in this neighborhood is $1,325,746, which is high compared to other areas in British Columbia. Homeowners in this area spend an average of $2,045 per month on owner payments, while tenants pay approximately $1,845. Notably, 55.8% of the population in this district are renters, which is high compared to other BC cities and areas.

Lastly, let's discuss the language spoken in this area. With 10% of the population speaking both English and French, this area stands out as above average. However, 85.5% of the population speaks only English, which is below average. Interestingly, 0.1% of the population speaks only French, and 4.4% speak neither English nor French.

In terms of transportation, 16.2% of the population uses public transport, which is above average. In contrast, 32.2% use cars, which is low. Bicycles are used by 2% of the population, which is above average. Walking, however, is the most popular mode of transportation, with 48.5% of the population choosing this option, which is high.

As we explore this home at 701 738 Broughton Street, Vancouver, BC, MLS^® R3075827, it's clear that this neighborhood offers a unique blend of safety, education, and community. Whether you're a family, a young professional, or a retiree, this area has something to offer.