1284 87 Nelson St, Vancouver, BC, MLS® R3049590

Welcome to 1284 87 Nelson Street, a stunning property nestled in the heart of Vancouver's vibrant Yaletown neighborhood, MLS® R3049590. As we walk through this charming community, I'm excited to share with you the unique features and benefits that make this area so special.

Education

When it comes to education, our community is well-served by top-notch schools. Lord Strathcona Community Elementary School is just a short 1.02 km from 1284 87 Nelson Street, with a rating of No Rating. For secondary education, King George Secondary School is located 2.26 km from the property, also with a rating of No Rating. And for parents seeking independent school options, The Westside School is just 0.35 km away, with a rating of No Rating, and Lowell High School is 0.49 km from the property, with a rating of No Rating.

Safety

According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. Breaking it down further, the drug crime rate is Average, with a rating of 229.49, and there were 1,604 illegal substances lawbreaking disturbances in 2020. Property crimes in the area are Above Average, with a rating of 5,020.27, and there were 35,089 property misconduct incidents in 2020. However, violent crime rates are Below Average, with a rate of 1,311.69, and a 3.53% year-over-year change.

Demographics

This dynamic neighborhood is home to a diverse population, with 56.5% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 3.6% of the population have no certificate or degree, which is Low compared to the average in BC. Median Household Income is $78,822, which is Above Average in comparison to the British Columbia average. Median personal income is $47,376, which is High compared to the BC average. Additionally, 70.6% of households in the area have a mortgage, which is High.

Transit

Convenience is key in this neighborhood, with the closest Bus station, Westbound Expo Blvd @ Nelson St, just 0.06 km away from 1284 87 Nelson Street, MLS® R3049590. Unemployment rates are Low, at 5.5%, making it an attractive option for professionals and families alike.

Lifestyle Amenities

This vibrant neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average age of the population is 37.8, which is Below Average compared to other BC cities. Average family size is 2.4, which is Low compared to the region. However, 36.5% of families in the area have children, which is Low. The percentage of married or living common-law couples is 52.8%, which is Below Average.

Real Estate Context

The average value of dwellings in this neighborhood is $756,218, which is High compared to other areas in British Columbia. Average owner payments are High, at $1,811, while tenants are paying an average of $1,803. 51.6% of the population in this district are renters, which is High compared to other BC cities and areas.

Language and Transportation

The language profile in the area is diverse, with 10.5% of the population speaking both English and French, which is Above Average. However, 86.7% of the population speaks only English, which is Below Average. The majority of the population, 38.6%, prefers walking as their primary mode of transportation, which is High. 37.5% of the population uses cars, which is Low. 2.8% of the population uses bicycles, which is Above Average.

In conclusion, 1284 87 Nelson Street, MLS® R3049590, in Vancouver's Yaletown neighborhood, offers a unique blend of educational, safety, demographic, and lifestyle amenities that make it an attractive option for professionals and families alike.