122 578 W 24th Ave, Vancouver, BC, MLS® R3044366

Welcome to 122 578 W 24th Avenue, a stunning property nestled in the heart of Vancouver, BC. As we explore this vibrant community, you'll discover a treasure trove of amenities, excellent schools, and a perfect blend of urban convenience and natural beauty.

Let's start with the schools. Edith Cavell Elementary School is just a short 0.34 km stroll from this charming home, boasting a rating of 7.1/10. Families love this area because of its excellent educational institutions, and Edith Cavell is no exception. The school's proximity to the property makes it an ideal choice for families with children.

For those seeking an independent school experience, Vancouver Talmud Torah Elementary School is just 0.7 km away, with a rating of 9.3/10. This esteemed institution offers a unique learning environment that's highly rated by parents and students alike.

As we delve into the community, you'll notice that the area surrounding 122 578 W 24th Avenue is remarkably safe, with a low crime rate of 7,470.82 incidents per 100,000 population in 2020. According to Statistics Canada's 2020 report, this rate is considered Average compared to other Canadian cities. Furthermore, the year-over-year change in the total crime rate is -14.94%, indicating a downward trend.

Regarding specific types of crime, the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%. Property crimes, however, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Violent lawbreaking disorders are relatively low in this area, with a rate of 1,311.69 and 9,168 incidents in 2020. This rate is considered Below Average compared to other BC municipalities. The year-over-year change in the violent crime rate is 3.53%.

Now, let's explore the transportation options in the area. The closest Bus station is King Edward Station @ Bay 1, a mere 0.13 km away from this property. With convenient public transportation at your doorstep, you'll have easy access to the city's attractions and amenities.

Demographically, this neighbourhood is characterized by a high level of education, with 51.4% of residents holding a university certificate or degree. This is significantly higher than the average in BC. Conversely, 8.3% of the population has no certificate or degree, which is lower than the average in BC.

In terms of income, the median household income near this dwelling is $83,861, which is Above Average compared to the British Columbia average. The median personal income is $43,215, also higher than the BC average. However, the percentage of households with a mortgage is 52.8%, which is Below Average.

The unemployment rate in this area is 6.7%, which is Below Average compared to other province neighbourhoods. Population growth between 2011 and 2016 was 4.4%, which is Above Average for this region.

Population density is high in this community, with 4,526.9 people per square kilometre. The average size of families is 2.8, which is Below Average compared to the whole region. However, 59.5% of families have children, which is Average. The percentage of married or living common law is 54.1%, which is Below Average.

The average age of the population is 40.9 years, which is Average compared to other BC cities. The average value of dwellings in this neighbourhood is $1,793,194, which is High compared to other areas in British Columbia.

Regarding housing, average owner payments are High, with owners spending $1,835 on average for their dwellings. Tenants, on the other hand, pay $1,483, which is also High compared to other cities.

Lastly, 42.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas. Interestingly, the percentage of English and French speakers is 14.7%, which is Above Average, while the percentage of English speakers only is 82.4%, which is Below Average. The percentage of French speakers only is 0.1%, which is Low. The percentage of Neither English nor French speakers is 2.9%, which is Above Average.

In terms of transportation, 29.5% of the population uses Public Transport, which is High, while 45.6% use Cars, which is Low. 9.1% of people use Bicycles, which is High, and 14.7%