307 1311 Beach Ave, Vancouver, BC, MLS® R3012386

Welcome to the vibrant West End neighborhood in Vancouver, BC, where you'll find the stunning property at 307 1311 Beach Avenue, MLS® R3012386. As a seasoned realtor, I'm excited to share with you the unique features and benefits of this area.

Let's start with the schools. Lord Roberts Annex, located just 0.67 km from this property, is a highly-rated school that families love. According to the latest data, the school has a rating of No Rating, but its proximity to the property makes it an excellent choice for families with young children. Just down the road, you'll find King George Secondary School, another highly-regarded institution that's just 0.97 km away from this property.

Now, let's talk about the safety of the area. According to Statistics Canada's 2020 report, the overall crime rate near 307 1311 Beach Avenue is 7,470.82, which is considered Average compared to other Canadian cities. The drug crime rate is also Average, with a rating of 229.49 and a total of 1,604 incidents in 2020. However, it's reassuring to know that the property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and a total of 35,089 incidents in 2020.

When it comes to public transportation, you'll find the Westbound Pacific St @ Jervis St bus station just 0.04 km away from this property, making it an ideal location for commuters.

Now, let's take a closer look at the demographics of the area. According to the latest data, 44.3% of the population in the neighborhood has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 3.7% 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 $53,299, which is Below Average compared to the British Columbia average. However, the median personal income is $37,541, which is Above Average in comparison to the BC average. Interestingly, 41.5% of households in the area have a mortgage, which is Low compared to other neighborhoods.

The unemployment rate in the area is 2.6%, which is Low compared to other provinces. This is excellent news for potential buyers looking for a stable and secure place to live.

Now, let's talk about the real estate market. The average value of dwellings in the neighborhood is $609,697, which is High compared to other areas in British Columbia. The average owner payments are Below Average, with owners spending an average of $1,111 per month. On the other hand, tenants are paying an average of $1,368 per month, which is High compared to other cities.

Interestingly, 80% of the population in the area are renters, which is High compared to other BC cities and areas. This is an excellent opportunity for investors looking to rent out their properties.

Finally, let's talk about the transportation options in the area. According to the latest data, 24.9% of the population in the area uses public transport, which is Above Average. On the other hand, 27.4% of the population uses cars, which is Low. Interestingly, 9% of the population uses bicycles, which is High. Finally, 37.4% of the population walks, which is also High.

In conclusion, the property at 307 1311 Beach Avenue, MLS® R3012386, is an excellent choice for anyone looking for a safe, secure, and convenient place to live. With its proximity to highly-regarded schools, public transportation, and employment opportunities, this property is an ideal location for families, commuters, and investors alike.