1603 Matthews Ave, Vancouver, BC, MLS® R2983887

As we walk through the charming neighborhood of Shaughnessy, you'll discover why this community is a top choice for families and individuals alike. Let's start with the excellent education system, which is a top priority for many.

The property at 1603 Matthews Avenue, Vancouver, BC (MLS® R2983887) is conveniently located near Shaughnessy Elementary School, rated 7.2/10. This school is just a 0.55 km stroll from our home, making it an ideal choice for families with kids. Plus, the nearby Prince of Wales Secondary School is within a 1.44 km radius, providing students with access to a well-rounded education.

But that's not all - the closest independent elementary school to 1603 Matthews Avenue is the prestigious York House School, rated 10/10. This school is just 0.47 km away, offering students a world-class education in a supportive and nurturing environment.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. Compared to other Canadian cities, this is an average rate, indicating a safe and secure community. In fact, the year-by-year change in the total crime rate is a impressive -14.94%.

When it comes to specific types of crime, the neighborhood adjacent to 1603 Matthews Avenue has an average drug crime rate, with a rating of 229.49 incidents per 100,000 population. Property crimes, however, are above average, with a rating of 5,020.27 incidents per 100,000 population. But don't worry - the violent crime rate is below average, with a rating of 1,311.69 incidents per 100,000 population.

Now, let's talk about the community itself. Our neighborhood is serviced by the Southbound Granville St @ Matthews Ave bus station, just 0.2 km away from 1603 Matthews Avenue (MLS® R2983887). This makes it easy to get around the city without a car.

In terms of demographics, 52.4% of the population in this neighborhood has a university certificate or degree, which is high compared to other BC neighborhoods. Meanwhile, 9.8% of the population has no certificate or degree, which is low compared to the average in BC.

The median household income in this neighborhood is $143,155, which is high compared to the British Columbia average. Additionally, the median personal income is $46,528, also high compared to the BC average. However, the percentage of households with a mortgage is low, at 36.2%.

Unemployment rates in the area are also low, at 3.9%. This is a great sign for the local economy and a testament to the community's stability.

In terms of population growth, the community around 1603 Matthews Avenue has experienced a low rate of growth between 2011 and 2016, at -6.9%. This is lower than the average growth rate in this region.

The population density in this community is 1,666.6 people per square kilometer, which is average compared to other BC cities.

Families are a big part of this community, with an average family size of 3.1 people per household. This is above average compared to the whole region. Additionally, 67.9% of families in the area have children, which is also above average.

The average age of the population in this community is 41.8 years old, which is average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $3,563,977, which is high compared to other areas in British Columbia. Additionally, the average owner payments are high, at $2,652 per month. Tenants, however, are paying an average of $2,006 per month, which is also high compared to other cities.

Finally, 17.6% of the population in this community are renters, which is average compared to other BC cities and areas.

At 1603 Matthews Avenue, Vancouver, BC (MLS® R2983887), you'll find a community that's perfect for families, individuals, and anyone looking for a safe and secure place to call home. With its excellent education system, low crime rate, and high median household income, this neighborhood is a top choice for anyone looking to buy a home in Vancouver. Contact me today to schedule a viewing and make 1603 Matthews Avenue your dream home!