1006 980 Cooperage Way, Vancouver, BC, MLS® R3033713

Welcome to 1006 980 Cooperage Way in Vancouver's vibrant Yaletown neighborhood. As your trusted realtor, I'm excited to share with you the unique characteristics of this incredible area. Let's start with the schools, an essential factor for families.

Just down the road, you'll find The Westside School, a highly-regarded elementary school with a No Rating, located a mere 0.45 km from this stunning home. This proximity ensures that your little ones can attend a top-notch educational institution without sacrificing convenience. For secondary education, Lowell High School is also within walking distance, boasting a No Rating and situated 0.62 km from your new address.

Now, let's talk about safety. The freshest crime data from Statistics Canada (2020) indicates that this neighborhood has an Average crime rate of 7,470.82 incidents per 100,000 population. While this is not the lowest rate, it's essential to note that it's also not the highest. Year-over-year, the total crime rate has decreased by 14.94%. In the context of Canadian cities, this is a reassuring trend.

When considering the types of crimes, the neighborhood surrounding 1006 980 Cooperage Way, Vancouver, BC (MLS® R3033713) shows an Average drug crime rate of 229.49, with 1,604 incidents reported in 2020. This is a relatively stable figure, with a year-over-year change of 1.58%. Property crimes, on the other hand, are Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. However, it's heartening to see that the property crime rate has decreased by 20.80% over the years.

It's also worth noting that the violent crime rate in this area is Below Average, with 1,311.69 incidents reported in 2020. This is a lower rate compared to other municipalities in British Columbia. The year-over-year change in violent crime is 3.53%, which is a relatively stable trend.

As you explore the neighborhood, you'll find that the closest Bus station is Eastbound Pacific Blvd @ Marinaside Cres, situated just 0.07 km away from this stunning home (MLS® R3033713). This convenient access to public transportation makes it easy to get around the city without a vehicle.

Now, let's dive into the demographics of this vibrant neighborhood. The population is predominantly university-educated, with 56.5% of residents holding a university certificate or degree. This is a significantly higher percentage compared to other BC neighborhoods. However, not everyone has had the opportunity to pursue higher education; 3.6% of the population in this area has no certificate or degree, which is a relatively low figure.

In terms of income, the median household income is $78,822, which is Above Average compared to the British Columbia average. The median personal income is $47,376, also higher than the provincial average. Furthermore, 70.6% of households in this area have a mortgage, which is a relatively high percentage.

Unemployment rates in the area surrounding 1006 980 Cooperage Way are low, at 5.5%, making it an attractive option for those looking for job opportunities.

The population growth in this area has been steady, with a 6.7% increase between 2011 and 2016, which is Above Average compared to the average growth rate of the region.

In terms of population density, this neighborhood is relatively high, with 14,953.4 people per square kilometer. This is a densely populated area, but it also offers a unique urban experience.

The average family size in this area is 2.4, which is relatively low compared to the rest of the region. However, 36.5% of families have children, which is a relatively low percentage. The majority of the population is made up of married or common-law couples, at 52.8%, which is Below Average.

The average age of the population in this area is 37.8, which is Below Average compared to other BC cities.

When it comes to real estate, the average value of dwellings in this neighborhood is $756,218, which is relatively high compared to other areas in British Columbia. Owners in this area spend an average of $1,811 per month on their dwellings, while tenants pay an average of $1,803 per month.

Interestingly, 51.6% of the population in this area are renters, which is a relatively high percentage compared to other BC cities and areas. The majority of the population speaks English only, at 86.7%, while 10.5% speak both English and French, and 2.6% speak neither language.

In terms of transportation, 19.2% of the population