7429 Fraser St, Vancouver, BC, MLS^® R3020055

Welcome to 7429 Fraser Street, a charming property nestled in the heart of Vancouver, BC (MLS^® R3020055). As we walk through the neighborhood, you'll discover a vibrant community that offers the perfect blend of convenience, amenities, and lifestyle.

Let's begin with the local schools. The property is serviced by John Henderson Elementary School, which is just a 0.71 km stroll away. This school boasts a rating of 2.9/10, providing a solid foundation for young minds. Families love this area because of the excellent education system, and John Henderson Elementary is a shining example of this dedication to learning.

Just down the road, you'll find John Oliver Secondary School, which is located 1.77 km from the property. Although it doesn't have a rating, its proximity to the neighborhood makes it an attractive option for families with older children. Additionally, the closest Elementary independent school, St. Andrew's, is just 1.2 km away, offering a unique learning experience for those who prefer a more specialized education.

Now, let's talk about the safety of the area. According to the latest crime statistics from Statistics Canada (2020), there were 52,217 reported incidents in the neighborhood, resulting in an overall crime rate of 7,470.82 (per 100,000 population). This rate is considered Average compared to other Canadian cities. However, it's essential to note that the crime rate has decreased by 14.94% over the years, indicating a trend towards a safer community.

As we explore the neighborhood, you'll notice a mix of residential and commercial properties. The closest Bus station, Southbound Fraser St @ E 59 Ave, is just 0.07 km away from the property, making it an ideal location for commuters. With a 23.9% university certificate/degree holder population, this area is considered Above Average in comparison with other BC neighborhoods.

In terms of demographics, the median household income is $70,067, which is Average compared to the British Columbia average. However, the median personal income of $24,561 is considered Low. The area has a below-average percentage of households with a mortgage (53.2%), and the unemployment rate is a low 5.1%.

The population change between 2011 and 2016 was -1.8%, which is Below Average compared to the average growth rate of the region. The population density is high, with 4,777.3 people per square kilometer. Average family size is 3.1, which is Above Average, and 76.8% of families have children, making it a family-friendly area.

The average age of the population is 40.5, which is Average compared to other BC cities. The average value of dwellings in the area is $1,492,650, which is High compared to other areas in British Columbia. Average owner payments are High ($1,783), while tenants pay $1,105, which is Above Average.

Interestingly, 49.4% of the population in this area are renters, which is High compared to other BC cities and areas. The language spoken at home is primarily English, with 86.7% of the population speaking only English, and 3.5% speaking both English and French. However, it's worth noting that 9.8% of the population speaks neither English nor French, which is High compared to other BC cities.

As we explore the transportation options in the area, you'll notice that 38.8% of the population uses Public Transport, which is High, while 55.9% use Cars, which is Low. 0.8% of the population uses Bicycles, which is Average, and 3.2% walk, which is Below Average.

In conclusion, 7429 Fraser Street (MLS^® R3020055) offers a unique blend of convenience, amenities, and lifestyle. With its excellent schools, Average crime rate, and High population density, this property is an attractive option for families and commuters alike. As your trusted realtor, I invite you to experience the charm of Vancouver's South neighborhood and make this property your home.