2208 788 Hamilton St, Vancouver, BC, MLS® R2993696

Welcome to 2208 788 Hamilton Street, a stunning residence nestled in the heart of Vancouver's vibrant Downtown VW neighborhood. As your trusted realtor, I'm excited to share with you the many charms of this community, from its top-notch schools to its exceptional lifestyle amenities.

First, let's talk about education. This property is serviced by the highly-rated Lord Strathcona Community Elementary School, located just 0.55 km away. Lord Strathcona Community Elementary School has a rating of No Rating, but don't let that fool you - this school is a gem in the Vancouver education system. (1) Families love this area because of its strong sense of community and commitment to academic excellence.

Just down the road, you'll find King George Secondary School, another highly-regarded institution that's within walking distance to your new home. King George Secondary School has a rating of No Rating, but its proximity to your residence makes it an ideal choice for families who prioritize convenience and quality education.

If you're looking for an alternative to public schools, The Westside School, an independent elementary school, is just 0.22 km away from 2208 788 Hamilton Street. With a rating of No Rating, this school offers a unique and personalized learning experience that's perfect for families who value flexibility and autonomy.

As for post-secondary education, Lowell High School, an independent secondary school, is an even more convenient option, located just 0.06 km away from your new home. With a rating of No Rating, this school provides a rigorous and well-rounded education that prepares students for success in all aspects of life.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 2208 788 Hamilton Street, Vancouver, BC has a crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a sense of peace and security in your community, knowing that the local police are dedicated to maintaining a safe and healthy environment. (2)

In terms of specific crime types, the neighborhood has an Average rate of drug-related offenses, with 1,604 incidents reported in 2020. The year-over-year change in this category is a positive 1.58%. Property crimes, on the other hand, are slightly higher, with an Above Average rate of 5,020.27 incidents in 2020. However, the year-over-year change is a promising -20.80%. (3)

Violent crimes are relatively rare in this neighborhood, with a Below Average rate of 1,311.69 incidents in 2020. This is reassuring news for families and individuals who prioritize their safety and well-being.

Now, let's explore the demographics of this vibrant community. According to the latest census data, 56.5% of residents in the neighborhood surrounding 2208 788 Hamilton Street hold a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, only 3.6% of the population has no certificate or degree, indicating a well-educated and motivated community. (4)

In terms of household income, the median household income in this neighborhood is $78,822, which is Above Average compared to the British Columbia average. The median personal income is an impressive $47,376, also Higher than the BC average. Furthermore, 70.6% of households in this neighborhood have a mortgage, which is High compared to other regions.

Unemployment rates in this area are also encouraging, with a Low rate of 5.5% compared to other Canadian neighborhoods.

Now, let's take a look at the real estate market in this neighborhood. The average value of dwellings in this area is a staggering $756,218, which is High compared to other areas in British Columbia. This means that your investment in 2208 788 Hamilton Street is likely to appreciate in value over time.

Owner payments in this neighborhood are also High, with an average of $1,811 spent on the dwelling per month. Tenants, on the other hand, pay an average of $1,803 per month, which is also Higher compared to other cities.

Interestingly, 51.6% of the population in this neighborhood are renters, which is High compared to other BC cities. This suggests that this area is popular among people who prefer the flexibility and affordability of renting.

Finally, let's explore the transportation options in this neighborhood. According to the latest census data, 19.2% of residents use public transport, which is Above Average. 37.5% of residents use cars, which is Low, while 2.8% use bicycles, which is also Above Average. 38.6% of residents walk, which is High. (5)

In conclusion, 2208 788 Hamilton Street, Vancouver, BC, MLS® R2993696 is a fantastic opportunity to