2307 89 Nelson St, Vancouver, BC, MLS® R3034584

Welcome to one of Vancouver's most sought-after neighborhoods, where the charming streets of Yaletown meet the excitement of downtown living. I'm thrilled to introduce you to 2307 89 Nelson Street, a stunning property that's not only rich in character but also offers unparalleled convenience and lifestyle amenities. With its prime location and exceptional features, this home is sure to captivate even the most discerning buyers.

Let's start with the schools. Lord Strathcona Community Elementary School is just a short 1.03 km away from this property, offering a top-notch education for your little ones. King George Secondary School is also nearby, located at a comfortable 2.26 km distance. Both schools boast a rating of No Rating, a testament to their commitment to providing a well-rounded education.

But it's not just about the schools – the surrounding community is also a major draw. The Westside School, a prestigious independent elementary school, is just 0.35 km away, offering a unique educational experience for families who value a more personalized approach. Lowell High School, another top-rated independent secondary school, is even closer, situated just 0.49 km from this property.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the area around 2307 89 Nelson Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. While there were 52,217 volation disturbances in the neighborhood, the year-over-year change in the total crime rate is a reassuring -14.94%. This indicates a stable and secure community, perfect for families and individuals alike.

In terms of specific crime rates, the area surrounding MLS® R3034584 has an Average drug crime rate, with a rating of 229.49 and 1,604 illegal substances lawbreaking disturbances in 2020. The property crimes in the neighborhood are also Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, it's worth noting that the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 violent lawbreaking disorders in 2020.

Getting around is a breeze, with the closest bus station, Westbound Expo Blvd @ Nelson St, just 0.05 km away from this property. This convenient location makes it easy to explore the city, whether you're heading to work, school, or simply want to enjoy the local amenities.

Now, let's dive into the demographics of the area. A notable 56.5% of the population in this neighborhood holds 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 near this property is $78,822, which is Above Average compared to the British Columbia average. The median personal income is even higher, at $47,376, which is High compared to the BC average. Additionally, 70.6% of households in the area have a mortgage, which is High compared to other neighborhoods.

Unemployment rates are also low in this area, with a rate of 5.5%, which is Low compared to other province neighborhoods. This suggests a strong and stable economy, perfect for professionals and families alike.

As for population growth, the area around 2307 89 Nelson Street has experienced a notable 6.7% increase between 2011 and 2016, which is Above Average compared to the average growth rate of this region. This indicates a thriving community with a strong sense of growth and development.

In terms of family dynamics, the average size of families in the area is 2.4, which is Low compared to the whole region. However, 36.5% of families in the area have children, which is Low compared to other neighborhoods. The percentage of married or living common law couples is also Below Average, at 52.8%.

The average age of the population in this area is 37.8, which is Below Average compared to other BC cities. This suggests a relatively young and dynamic community, perfect for families and professionals alike.

Finally, let's talk about the real estate market. The average value of dwellings in this neighborhood is $756,218, which is High compared to other areas in British Columbia. The average owner payments are also High, at $1,811, while tenants are paying $1,803 in this district. Notably, 51.6% of the population in this area are renters, which is High compared to other BC cities and areas.

In terms of transportation, 19.2% of the population in this area use public transport, which is Above Average.