905 161 W Georgia St, Vancouver, BC, MLS^® R3087462

Welcome to 905 161 W Georgia Street, a stunning property nestled in the heart of Vancouver, BC, with the listing MLS^® R3087462. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible home.

Academics

Let's start with the educational institutions in the area. The property is serviced by Lord Strathcona Community Elementary School, which is just a 0.57 km stroll away. This school boasts a rating of No Rating, and I'm sure you'll agree that proximity to quality education is a top priority for families. Additionally, King George Secondary School is a short 2.14 km drive from the property, offering students a diverse range of academic programs and extracurricular activities.

If you're looking for alternative educational options, The Westside School, an independent elementary school, is just 0.18 km from the property, with a rating of No Rating. Lowell High School, a secondary independent school, is also nearby, with a rating of No Rating and a distance of 0.2 km from the property.

Safety and Security

When it comes to safety and security, Vancouver is considered a relatively safe city, with an overall crime rate of 7,470.82, according to Statistics Canada's 2020 report. While there were 52,217 disturbances in the area, the rate is Average compared to other Canadian cities. Year-over-year, the total crime rate has decreased by 14.94%.

Demographics and Lifestyle

Now, let's dive into the demographics and lifestyle of the area. With a median household income of $72,082, this neighborhood is considered Average compared to other BC municipalities. However, the median personal income is $42,581, which is High compared to the BC average. A staggering 78.4% of households in the area have a mortgage, indicating a strong sense of community and home ownership.

The unemployment rate in the area is a low 5.2%, making it an attractive location for professionals and families. The population growth between 2011 and 2016 was a remarkable 12.3%, which is High compared to average growth rates in the region.

Transit and Commuting

As for transit, the closest bus station, Larwill Park @ Layover Only, is just 0.12 km away from the property. With a population density of 14,899.7 people per square kilometer, this area is highly accessible and convenient.

Real Estate Context

Now, let's talk about the real estate market. The average value of dwellings in the area is a whopping $601,178, which is High compared to other areas in British Columbia. With an average owner payment of $1,706 and tenants paying $1,888, this area is considered High compared to other cities.

Owner vs Renter Split

Interestingly, 57.2% of the population in this district are renters, which is High compared to other BC cities and areas.

Language and Transportation

When it comes to language, 10.3% of the population speaks English and French, which is Above Average, while 86.7% speak English only, which is Below Average. On the other hand, 3.1% of the population speaks neither English nor French, which is Above Average.

In terms of transportation, 27.2% of the population uses public transport, which is High, while 24.4% use cars, which is Low. 3.8% use bicycles, which is High, and 42.6% walk, which is also High.

In conclusion, 905 161 W Georgia Street, Vancouver, BC, with the listing MLS^® R3087462, offers an exceptional blend of academic institutions, safety, demographics, lifestyle, transit, and real estate context. Whether you're a family, professional, or investor, this property has something for everyone. I invite you to contact me today to schedule a viewing and make this incredible home yours.