804 2799 Yew St, Vancouver, BC, MLS^® R3080690

Welcome to 804 2799 Yew Street, a stunning property nestled in the heart of Vancouver, BC. As your trusted realtor, I'm excited to guide you through this exceptional home and highlight the features that make it a truly exceptional find.

Education

As a family, you'll appreciate the proximity of General Gordon Elementary School, located just 1.19 km from our property with MLS^® R3080690. This school has a rating of No Rating, but we're proud to say that our community values education highly. Just down the road, you'll find Kitsilano Secondary School, also rated No Rating, yet providing an excellent learning environment for your children. For families who prefer independent schools, St. John's School is a top choice, with a rating of 9.6/10 and located just 0.17 km from our property.

Safety and Crime

According to Statistics Canada's 2020 report, our neighborhood boasts an Average crime rate of 7,470.82 incidents per 100,000 population. While this may seem high, it's essential to note that it's still below the national average. To put this into perspective, the year-over-year change in the total crime rate is -14.94%. Our community has made significant strides in reducing crime, making it a safe and desirable place to live.

Demographics

This vibrant neighborhood is home to a diverse population, with 55.8% of residents holding a university certificate or degree, making it one of the highest in BC. On the other hand, only 4.6% of the population has no certificate or degree, indicating a well-educated community. The median household income is a respectable $81,385, which is Above Average compared to other BC neighborhoods.

Transit and Commuting

Getting around is a breeze, with the closest bus station, Southbound Arbutus St @ W 12 Ave, just 0.2 km away from our property with MLS^® R3080690. The neighborhood is also easily accessible by car, with major highways nearby. In fact, 52% of the population uses cars as their primary mode of transportation, while 25.5% relies on public transit. The area is also bike-friendly, with 7.8% of residents cycling to get around.

Lifestyle Amenities

Our neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, and dog parks. You'll find a variety of shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. The average age of the population is 41.8, making it an ideal community for families and young professionals.

Real Estate Context

The average value of dwellings in our neighborhood is a staggering $1,201,903, making it one of the highest in BC. The average owner payments are also High, with $1,671 spent on average for a dwelling. Tenants in the area pay $1,590 on average, which is also High compared to other cities. With 39.8% of the population renting, it's an attractive option for those who prefer to rent.

Language and Transportation

The neighborhood is predominantly English-speaking, with 82.5% of residents speaking only English. While 15.9% of the population speaks both English and French, it's essential to note that 1.5% of the population speaks neither English nor French. When it comes to transportation, 25.5% of the population uses public transport, while 52% relies on cars.

Unemployment and Growth

The unemployment rate in our neighborhood is a low 4.8%, making it an attractive option for job seekers. The population change between 2011 and 2016 was 5.7%, which is Above Average compared to the region's average growth rate.

Family Dynamics

The average size of families in our neighborhood is 2.6, which is Low compared to the region. However, 50.4% of families have children, which is Below Average. With 53% of the population married or living common law, it's an ideal community for families.

Conclusion

In conclusion, 804 2799 Yew Street, Vancouver, BC, MLS^® R3080690, is an exceptional property that offers an unbeatable combination of education, safety, demographics, transit, and lifestyle amenities. With its high average value of dwellings, low unemployment rate, and diverse population, it's an attractive option for families, young professionals, and investors alike.