1 5304 Elgin St, Vancouver, BC, MLS® R3045979

Welcome to 1 5304 Elgin Street, a beautiful property in the heart of Vancouver, BC, listed as MLS® R3045979. As we walk through this charming neighborhood, I'm excited to share with you the wonderful features that make this community so special.

First, let's talk about the schools. 1 5304 Elgin Street is serviced by Sir Alexander Mackenzie Elementary School, a highly-rated institution with a 5.8/10 rating, located just 0.32 km away. This school is a great choice for families, offering a well-rounded education that prepares students for success. In addition, John Oliver Secondary School is just 0.88 km from this property, providing students with a seamless transition to high school.

As we explore the community, you'll notice that the closest elementary independent school to 1 5304 Elgin Street is St. Andrew's, with a No Rating, located 1.41 km away. Meanwhile, the closest secondary independent school is Stratford Hall School, boasting an impressive 8.7/10 rating, situated 2.5 km from this property.

Now, let's take a look at the crime statistics in the area. According to Statistics Canada's 2020 report, there were 52,217 incidents in this neighborhood, resulting in an overall crime rate of 7,470.82 per 100,000 population. This is considered Average compared to other Canadian cities. Notably, the year-by-year change in the total crime rate is a remarkable -14.94%.

When it comes to property crimes, the neighborhood surrounding 1 5304 Elgin Street is Above Average, with a property misconduct rating of 5,020.27. However, it's reassuring to know that the rate has decreased by 20.80% over the years. Additionally, the violent crime rate in this area is Below Average, with a rate of 1,311.69 incidents per 100,000 population.

As we consider the lifestyle amenities in the area, you'll be pleased to know that the closest Bus station is Eastbound E 33 Ave @ Somerville St, just 0.39 km away from this property with listing MLS® R3045979.

Demographically, this neighborhood is quite diverse. Approximately 28.3% of the population has a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 18.1% of the population has no certificate or degree, which is Average compared to the average in BC.

In terms of income, the median household income in this neighborhood is $74,752, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $28,443, which is Below Average. It's also worth noting that 53% of households in this area have a mortgage, which is Below Average.

Unemployment rates in this area are also worth mentioning. With a rate of 6.1%, this is Below Average compared to other province neighborhoods.

As we explore the real estate context, you'll be interested to know that the average size of families in this area is 3, which is Above Average. Furthermore, 72.2% of families in this neighborhood have children, which is High. However, the percentage of married or living common law couples is 53.1%, which is Below Average.

In terms of population density, this neighborhood has a whopping 7,038.9 people per square kilometer, which is High. The average age of the population in this area is 39.9, which is Below Average compared to other BC cities.

Now, let's talk about the economy. The average value of dwellings in this neighborhood is a staggering $1,336,745, which is High compared to other areas in British Columbia. Owner payments are also High, with an average of $1,689 spent on the dwelling. Meanwhile, tenants are paying $1,213 on average, which is Above Average.

Interestingly, 40.8% of the population in this area are renters, which is Above Average compared to other BC cities and areas. Furthermore, 33.6% of the population use public transport, which is High. On the other hand, 58.6% of the population use cars, which is Low. 5% of the population use bicycles, which is High, and 2.2% of the population walk, which is Below Average.

In conclusion, 1 5304 Elgin Street, Vancouver, BC, listed as MLS® R3045979, is a fantastic property in a wonderful neighborhood. With its excellent schools, diverse demographics, and convenient lifestyle amenities, this property is an excellent choice for anyone looking to live in Vancouver.