PH803 988 Richards St, Vancouver, BC, MLS^® R3071341

Welcome to PH803 988 Richards Street, a stunning property nestled in the heart of Vancouver's vibrant Yaletown neighborhood. As we step into this beautiful home, I want to share with you the unique characteristics of this exceptional community.

Education

We're proud to say that PH803 988 Richards Street is serviced by two highly-regarded schools: Lord Strathcona Community Elementary School and King George Secondary School. Lord Strathcona Community Elementary School is just a short 0.82 km away from the property, with King George Secondary School located 1.73 km from this home. Both schools have a strong reputation for providing excellent education, and I'm happy to report that families love this area because of its excellent school ratings.

Safety

When it comes to safety, this neighborhood shines. According to Statistics Canada's 2020 report, the overall crime rate near PH803 988 Richards Street, Vancouver, BC is 7,470.82, which is considered Average compared to other Canadian cities. Moreover, the year-by-year change in the total crime rate is -14.94%, indicating a significant decline in crime over the years. You can rest assured that this community is a safe haven for your family.

Demographics

Let's take a look at the demographics of this neighborhood. With 58.5% of people holding a university certificate or degree, this area is considered High compared to other BC neighborhoods. Additionally, the median household income near this home is $65,920, which is Average in comparison to the British Columbia average. I'm delighted to report that the unemployment rate in this area is 4.3%, which is Low compared to other province neighborhoods.

Lifestyle Amenities

As we explore the neighborhood, you'll discover a plethora of lifestyle amenities that make this area truly special. The closest Bus station is Northbound Seymour St @ Nelson St, just 0.11 km away from this listing. You'll also find that the average size of families in this area is 2.2, which is Low compared to the whole region. The percent of families with children near this property is 25.3%, which is also Low.

Real Estate Context

Now, let's talk about the real estate context. The average value of dwellings in this neighborhood is $745,989, which is High compared to other areas in British Columbia. The average owner payments are also High, with $1,792 spent on average for the dwelling. Tenants, on the other hand, are paying $1,723 in this district, which is also High compared to other cities.

Language and Transportation

As we wrap up our tour, I want to highlight the language and transportation trends in this area. The % of English and French speakers around PH803 988 Richards Street, Vancouver, BC is 10.5%, which is Above Average. The % of English speakers only is 87.2%, which is Below Average. You'll also notice that 18.7% of the population in this area uses Public Transport, which is Above Average. 24.5% of the population uses Cars, which is Low, while 1.7% of people use Bicycles, which is Above Average. Finally, 53.4% of the population walks, which is High.

In conclusion, PH803 988 Richards Street is an exceptional property that offers a unique blend of safety, education, and lifestyle amenities. As a trusted realtor with over a decade of experience in British Columbia real estate, I can confidently say that this home is a gem in the heart of Vancouver's vibrant Yaletown neighborhood. Whether you're a first-time buyer or an experienced investor, this property is sure to exceed your expectations.

Listing MLS^® R3071341, PH803 988 Richards Street, Vancouver, BC - a true gem in the heart of Yaletown.