1706 1111 Richards St, Vancouver, BC, MLS® R3023255

Welcome to 1706 1111 Richards Street in the heart of Vancouver's Downtown VW neighborhood. As we walk through this vibrant community, I'm excited to share with you the unique features that make this area a sought-after destination for families and individuals alike.

First, let's talk about the schools. Lord Strathcona Community Elementary School, located just 1.03 km from this property, is a highly regarded institution that offers a well-rounded education. Families love this area because of its excellent school ratings, and with King George Secondary School nearby, your child will have access to top-notch education from elementary to high school. We'll also explore other nearby schools, such as Anchor Point Montessori and Pattison School, which offer independent education options.

Now, let's take a look at the crime statistics for the area. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. However, it's essential to note that the year-over-year change in the total crime rate is a -14.94% decrease, indicating a trending improvement in safety. I want to assure you that the neighborhood adjacent to MLS® R3023255 has an average rate of drug-related offenses, which is a reassuring indicator of community well-being.

As we explore the demographics of this neighborhood, we find that 52% of residents hold a university certificate or degree, making this area a hub for educated professionals. Additionally, the median household income near this property is $62,771, which is below the British Columbia average. However, the median personal income is $41,842, which is above average. It's also worth noting that 73.7% of households in this area have a mortgage, indicating a strong sense of homeownership.

Now, let's talk about transportation. The closest bus station, Northbound Seymour St @ Davie St, is just 0.11 km away from this property, making it an ideal location for those who rely on public transportation. In fact, 22% of the population in the area around MLS® R3023255 uses public transport, which is above average. We also see a high percentage of walkers, with 45.8% of the population using this mode of transportation.

As we delve deeper into the lifestyle amenities of this neighborhood, we discover a vibrant community with plenty to offer. The average value of dwellings in this area is $651,930, which is high compared to other areas in British Columbia. However, the average owner payments are high as well, with homeowners spending an average of $1,621 per month. Tenants, on the other hand, pay an average of $1,478 per month, also a high figure.

In terms of language, the neighborhood around MLS® R3023255 has a unique linguistic profile. While 86.8% of the population speaks only English, which is below average, 11.4% of the population speaks both English and French, which is above average. Additionally, 0.1% of the population speaks only French, and 1.6% speaks neither English nor French.

As we conclude our tour of this incredible neighborhood, I hope you've gained a deeper understanding of the many benefits that make 1706 1111 Richards Street an attractive option for those seeking a vibrant urban lifestyle. From its excellent schools to its thriving community, this area has something for everyone. As your trusted realtor, I'm confident that MLS® R3023255 is an exceptional property that will exceed your expectations.

Key Features:

• Excellent schools, including Lord Strathcona Community Elementary School and King George Secondary School
• Average crime rate comparable to other Canadian cities
• High percentage of educated professionals (52%)
• Below-average median household income
• Above-average median personal income
• High percentage of households with a mortgage (73.7%)
• Ideal location for those who rely on public transportation
• Vibrant community with a unique linguistic profile

MLS®: R3023255 Location: 1706 1111 Richards Street, Vancouver, BC