1585 87 Nelson St, Vancouver, BC, MLS® R3046793

Welcome to 1585 87 Nelson Street in the heart of Vancouver, BC! This stunning property, listed as MLS® R3046793, is nestled in the vibrant Yaletown neighborhood. As we step into this charming community, I'm excited to share with you the unique features that make this area so special.

Families with children will love that 1585 87 Nelson Street is serviced by the highly-rated Lord Strathcona Community Elementary School, located just 1.03 km away. This school has a strong reputation for providing a nurturing environment that fosters academic excellence. Just down the road, King George Secondary School is another excellent option, with a rating of No Rating, and is situated 2.28 km from this beautiful property.

For those seeking alternative education options, The Westside School, an independent elementary school, is just a short 0.35 km away, with a rating of No Rating. And for secondary school students, Lowell High School, another independent option, is conveniently located 0.5 km from this address.

When it comes to safety, Vancouver's 1585 87 Nelson Street area has a relatively low crime rate, with an overall crime rate of 7,470.82 incidents per 100,000 population. This is Average compared to other Canadian cities. According to the latest data from Statistics Canada (2020), there were 52,217 reported disturbances in the neighborhood. Year-over-year, the total crime rate has decreased by 14.94%.

Breaking down the crime statistics, we see that the rate of drug-related offenses is Average, with a rating of 229.49. There were 1,604 reported incidents in 2020, 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. However, the rate has decreased by 20.80% year-over-year. Finally, violent crime rates are Below Average, with a rating of 1,311.69, and a year-over-year change of 3.53%.

The neighborhood surrounding 1585 87 Nelson Street is a lively and diverse community. With a population density of 14,953.4 people per square kilometer, it's a bustling area with a range of amenities. The average family size is 2.4 people, which is lower than the regional average. Approximately 36.5% of families have children, making it a great area for families. The average age of the population is 37.8 years, which is Below Average compared to other BC cities.

The demographics of the area are interesting, with 56.5% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 3.6% of the population has no certificate or degree, which is Low compared to the average in BC.

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, which is High compared to the BC average. Additionally, 70.6% of households in the area are mortgaged, which is High compared to other neighborhoods.

The area around 1585 87 Nelson Street is well-connected, with the closest bus station, Eastbound Pacific Blvd @ Marinaside Cres, just 0.07 km away. The unemployment rate in the area is 5.5%, which is Low compared to other province neighborhoods.

Yaletown offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The area is a hub of activity, with something for everyone.

The average value of dwellings in the neighborhood is $756,218, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,811 per month. Tenants, on the other hand, are paying an average of $1,803 per month, which is also High compared to other cities.

In terms of ownership, 51.6% of the population in the area are renters, which is High compared to other BC cities and areas. The language spoken at home is diverse, with 10.5% of the population speaking English and French, 86.7% speaking only English, and 0.1% speaking only French. 2.6% of the population speaks neither English nor French.

Finally, transportation-wise, 19.2% of the population uses public transport, 37.5% uses cars, 2.8% uses bicycles, and 38.6%