2705 689 Abbott St, Vancouver, BC, MLS® R3028684

Welcome to 2705 689 Abbott Street, a stunning property located in the heart of Vancouver, BC, proudly presented by your trusted realtor. This home, listed as MLS® R3028684, is a true gem, and I'm excited to share its many features with you.

As a parent, you'll be pleased to know that your children will thrive in the local educational system. Just down the road, Lord Strathcona Community Elementary School boasts a prime location, only 0.7 km from 2705 689 Abbott Street. While ratings are not yet available, this school is a highly sought-after institution in the area. Additionally, Britannia Community Secondary School is just a 2.72 km walk, providing easy access for your family's educational needs. Speaking of schools, The Westside School, a reputable independent elementary school, is a short 0.43 km stroll from your future home. For secondary education, Lowell High School, an esteemed independent school, is a mere 0.49 km away.

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has an average crime rate of 7,470.82 incidents per 100,000 population. While this may seem concerning, it's essential to note that the overall crime rate is typical for urban areas. Furthermore, the neighbourhood has seen a commendable year-over-year decrease in crime rates, with a decline of -14.94%. In terms of specific types of crime, drug-related offenses are average, with a rating of 229.49, and property crimes are above average, with a rating of 5,020.27. However, violent crime rates are below average, with a rating of 1,311.69. Your family's safety is a top priority, and this neighbourhood offers a relatively low-risk environment.

This vibrant community is home to a diverse population, with 53.2% of residents holding a university certificate or degree, which is high compared to other BC neighbourhoods. In contrast, only 2.5% of the population has no certificate or degree, indicating a well-educated and motivated community. The median household income in the area is $72,082, which is average compared to the BC average. However, the median personal income is $42,581, which is higher than the provincial average. A significant 78.4% of households in the area are mortgage holders, which is a high percentage. Unemployment rates are also low, at 5.2%, making this an attractive area for job seekers.

As you explore this neighbourhood, you'll discover a plethora of lifestyle amenities that cater to your every need. The closest bus station is Westbound Expo Blvd @ Abbott St, just 0.01 km away from 2705 689 Abbott Street, making public transportation a convenient option. The area is also home to a wide range of shopping malls, grocery stores, restaurants, coffee shops, and hospitals, ensuring that your daily needs are met.

The average value of dwellings in this neighbourhood is $601,178, which is high compared to other areas in British Columbia. As a homeowner, you can expect to pay an average of $1,706 per month in mortgage payments. Tenants, on the other hand, pay an average of $1,888 per month in rent. A significant 57.2% of the population in the area are renters, which is high compared to other BC cities and areas. The average owner payments are high, making this an attractive option for investors.

The neighbourhood is well-connected, with 27.2% of the population using public transportation, which is high. Only 24.4% of residents use cars, indicating a strong preference for eco-friendly transportation options. A notable 3.8% of the population uses bicycles, and 42.6% walk, making this an excellent area for those who prioritize health and the environment.

In conclusion, 2705 689 Abbott Street, listed as MLS® R3028684, is a hidden gem in the heart of Vancouver, BC. This property offers an exceptional blend of education, safety, demographics, lifestyle amenities, and real estate context. Whether you're a family, investor, or simply looking for a great place to call home, this neighbourhood has something for everyone. Contact your trusted realtor today to schedule a viewing and make this property your dream home.