704 125 Milross Ave, Vancouver, BC, MLS^® R3070294

Welcome to 704 125 Milross Avenue, a vibrant gem in the heart of Vancouver, BC

As we step into this charming community, you'll discover a world of possibilities. Located in the popular Downtown VE neighborhood, this address is serviced by Lord Strathcona Community Elementary School, just a 1.22 km stroll away. The school may not have a rating, but families love this area because of its reputation for providing a well-rounded education.

Just down the road, you'll find Britannia Community Secondary School, a reputable institution that's also within walking distance – at 2.25 km. While it may not have a rating, its proximity to this home makes it an attractive option for families.

For those seeking an independent education, The Westside School is just 0.86 km away, offering a distinct approach to learning. And for secondary students, Columbia College is even closer, at 0.71 km.

Safety and Security

According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82, which is typical for urban areas. However, with 52,217 reported incidents, you can rest assured that the authorities are actively working to maintain a safe environment. The crime rate has even seen a decline of -14.94% year-over-year.

In terms of specific types of crime, the area near the listing MLS^®R3070294 has an average drug crime rate of 229.49, with 1,604 reported incidents in 2020. Property crimes are above average, with 35,089 reported incidents, but the rate has decreased by -20.80% over the years.

Violent crimes are relatively low, with a rate of 1,311.69, which is below average compared to other BC municipalities. The overall trend is positive, with a 3.53% increase in violent crimes year-over-year.

Lifestyle and Amenities

This home is perfectly situated near various amenities, including the Northbound Quebec St @ National Ave bus station, just 0.11 km away.

Demographics and Lifestyle

The neighborhood surrounding 704 125 Milross Avenue is home to a diverse population, with 56.5% of residents holding a university certificate or degree – a high percentage compared to other BC neighborhoods. Conversely, only 3.6% of the population has no certificate or degree, which is lower than the average in BC.

The median household income in this area is $78,822, which is above average compared to the BC average. In fact, the median personal income is $47,376, also higher than the provincial average. The area is also characterized by a high percentage of homeowners, with 70.6% of households owning their properties.

Education and Employment

Unemployment rates in the area are relatively low, at 5.5%, which is lower than the average in other BC neighborhoods. This is likely due to the area's strong economy and high median household income.

Community and Culture

The population surrounding 704 125 Milross Avenue has seen above-average growth between 2011 and 2016, with a change of 6.7%. This is a testament to the area's appeal and desirability.

The community is characterized by a high population density, with 14,953.4 people per square kilometer. This is one of the highest in the region.

In terms of family structure, the average family size is 2.4, which is lower than the average in the region. However, 36.5% of families have children, which is lower than the average. Married or common-law couples make up 52.8% of the population, which is below average.

Real Estate and Economy

The average value of dwellings in this neighborhood is $756,218, which is one of the highest in the region. Average owner payments are also high, at $1,811 per month, while tenants pay $1,803 per month, also one of the highest in the area.

51.6% of the population in this neighborhood are renters, which is higher than the average in other BC cities and areas.

Language and Transportation

The majority of residents in this area speak English only, with 86.7% of the population speaking only English. Meanwhile, 10.5% of the population speaks both English and French, which is above average. Only 0.1% of the population speaks French only, which is below average.

In terms of transportation, 19.2% of the population uses public transport, which is above average. 37.5% of residents use cars, which is lower than average. 2.8% of the population uses bicycles, which is above average, while 38.6% of residents walk, which is one of the highest in