2601 1238 Melville St, Vancouver, BC, MLS® R2992437

Welcome to 2601 1238 Melville Street, a stunning property located in the heart of Vancouver, BC's Coal Harbour neighborhood. If you're considering this home as your next place to call, let me walk you through the wonderful amenities and features that make this property truly special.

First, let's talk about the schools. 2601 1238 Melville Street is serviced by Lord Roberts Annex, a highly-rated school with a rating of No Rating, located just 0.67 km from your doorstep. You'll also find King George Secondary School nearby, with a rating of No Rating, situated 0.8 km from this property. For those who prefer independent schools, Madrona School is the closest elementary option, with a rating of No Rating, located 0.67 km away. Pattison School, a secondary independent school, is also nearby, with a rating of No Rating, and located 0.85 km from your home.

Now, let's discuss the safety and security of the neighborhood. According to Statistics Canada's 2020 report, the overall crime rate near 2601 1238 Melville Street is 7,470.82, which is Average compared to other Canadian cities. The total crime rate has seen a notable decrease of -14.94% over the years, making this area a peaceful and secure place to live. The drug crime rate is Average, with 229.49 incidents per 100,000 population, and the property crime rate is Above Average, with 5,020.27 incidents per 100,000 population. However, the violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population.

Getting around is a breeze in this neighborhood, with the closest Bus station, Eastbound W Pender St @ Jervis St, just 0.04 km away from this listing with MLS® R2992437. Imagine taking a short walk to the bus stop and enjoying the scenic views of Coal Harbour.

Now, let's dive into the demographics of the area. The neighborhood surrounding 2601 1238 Melville Street is home to a highly educated population, with 57.4% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. However, 3.2% of the population has no certificate or degree, which is Low compared to the average in BC.

When it comes to household income, the median household income near this property is $71,774, which is Average compared to the British Columbia average. The median personal income is $39,381, which is Above Average compared to the BC average. A significant percentage of households, 56%, have a mortgage, which is Average.

The unemployment rate in the area around MLS® R2992437 is 6.4%, which is Below Average compared to other province neighborhoods. This is excellent news for job seekers and professionals looking to invest in this property.

Population growth in Coal Harbour is a notable aspect of this area. The population change between 2011 and 2016 was 10.5%, which is High compared to average growth rates in the region. If you're looking for a place with a dynamic and growing community, this is an excellent choice.

The average size of families in the area surrounding 2601 1238 Melville Street is 2.5, which is Low compared to the whole region. However, 43.2% of families have children, which is Low, and 54.2% of residents are married or living common law, which is Below Average.

The average age of the population in this area is 40.2, which is Below Average compared to other BC cities. This makes Coal Harbour an attractive option for young professionals and families looking for a vibrant and dynamic community.

When it comes to property values, the average value of dwellings in this neighborhood is $1,325,746, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $2,045 on average for their dwellings. Tenants are also paying a significant amount, $1,845, on average, which is High compared to other cities.

Renters make up 55.8% of the population in this area, which is High compared to other BC cities and areas. This is an excellent option for those looking for a place to rent or invest in a property.

The language spoken in the area is predominantly English, with 10% of residents speaking both English and French, which is Above Average. However, 85.5% of residents speak only English, which is Below Average. The percentage of French speakers is Low, and the percentage of Neither English nor French speakers is High, at 4.4%.

When it comes to transportation, 16.2% of the population uses Public Transport, which is Above