1406 989 Richards St, Vancouver, BC, MLS® R3040045

Here's the rewritten text, infused with a conversational tone and expert realtor insights. I've included the required keywords to naturally rank the content for search engines.

---

Welcome to 1406 989 Richards Street in the heart of Downtown Vancouver! This fantastic property, listed as MLS® R3040045, is situated in a vibrant neighborhood that has so much to offer.

First, let's talk about education. The community is served by Lord Strathcona Community Elementary School, which is just a stone's throw away at 0.79 km from our listing. While the school has a No Rating, it's a great option for families in the area to consider. King George Secondary School, another excellent choice, is located 1.71 km from our property and also has a No Rating.

For families who prefer independent schools, The Westside School is the closest elementary option, located just 0.53 km from our home for sale. This school also has a No Rating, but it's a great option for those looking for a more personalized education.

As for crime rates, according to Statistics Canada's 2020 report, our neighborhood has a crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means you can enjoy a relatively safe and peaceful living environment, with a Year by Year change in the total crime rate of -14.94%. When it comes to drug crime rates, our neighborhood is also Average, with a rating of 229.49 and a Year by Year change of 1.58%.

Now, let's talk about property crimes. Our neighborhood has Above Average property crime rates, with a rating of 5,020.27. However, this rating is actually decreasing, with a Year by Year change of -20.80%. It's worth noting that the overall crime rate in our area is relatively low, with a Violent Crime rate of 1,311.69, which is Below Average compared to other BC municipalities.

As a friendly realtor, I'd like to highlight some of the neighborhood's amenities. You're in luck because the closest Bus station is just 0.09 km away from our listing with MLS® R3040045, making it easy to get around the city without a car.

Now, let's dive into the demographics of our neighborhood. With 58.5% of the population holding a university certificate or degree, this area is considered High compared to other BC neighborhoods. In fact, only 2.4% of the population in our area have no certificate or degree, making it a great place to live for educated professionals.

When it comes to income, the median household income near our property is $65,920, which is Average compared to other British Columbia neighborhoods. However, the median personal income is a bit higher, at $42,581, which is actually High compared to the BC average. Additionally, 72.4% of households in our area own their homes, making it a relatively stable community.

Unemployment rates in our neighborhood are also low, at 4.3%, which is Low compared to other province neighborhoods. This means you can feel confident about your job prospects and the overall economic stability of the area.

As for population growth, our neighborhood has seen a significant increase in population change between 2011 and 2016, with a growth rate of 13.9%. This is High compared to average growth rates in the region, making it a great place to live for those who value diversity and a vibrant community.

In terms of family dynamics, the average size of families in our area is 2.2, which is Low compared to the whole region. However, 25.3% of families in our neighborhood have children, which is Low, but still a great option for families who value a close-knit community.

The average age of the population in our area is 37.3, which is Low compared to other BC cities. This means you'll find a youthful and energetic community, with plenty of opportunities for socializing and networking.

Finally, let's talk about real estate values. The average value of dwellings in our neighborhood is $745,989, which is High compared to other areas in British Columbia. This means you can expect a relatively high property value, but also a stable and secure investment.

In terms of housing costs, owner payments are High in our area, with an average of $1,792 spent on dwellings. However, tenant payments are also High, at $1,723, making it a relatively affordable option for those who prefer to rent.

As for language diversity, our neighborhood has a mix of English and French speakers, with 10.5% of the population speaking both languages, which is Above Average. However, the number of English speakers only is 87.2%, which is Below Average. Interestingly, the number of Neither English nor