403 8181 Chester St, Vancouver, BC, MLS® R3040916

As we take a closer look at this stunning home, I'd like to start by highlighting the excellent schools in the area. Walter Moberly Elementary School, rated 5.8/10, is just 0.5 km away from this property, making it an ideal choice for families. The school's proximity to your new home ensures that your children will have access to quality education and a safe learning environment.

John Oliver Secondary School, located 2.28 km from this property, also serves the area and offers a range of academic and extracurricular programs. While not all students may appreciate the school's current rating, the proximity to both elementary and secondary schools provides peace of mind for parents and offers a wide range of educational options.

If you're looking for alternative educational options, the closest independent elementary school is St. Andrew's, located 1.72 km from this property. The school's rating may not be available, but the proximity to this home provides an excellent opportunity for families to explore alternative educational options.

For secondary independent school options, Royal Canadian College is the closest, located 2.24 km from this property. While the school's rating may not be available, the proximity to this home provides a convenient option for families seeking alternative educational choices.

Safety is a top priority, and with a crime rate of 7,470.82, this neighborhood is considered Average compared to other Canadian cities. The rate is calculated based on the number of incidents per 100,000 population, and it's essential to note that crime rates can fluctuate over time. However, with a year-by-year change of -14.94%, the neighborhood is experiencing a decrease in crime rates.

In terms of specific crime types, the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-by-year change in the illegal substances offenses ranking is 1.58%, which suggests a stable trend.

Property crimes, on the other hand, are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, with a year-by-year change of -20.80%, the neighborhood is experiencing a decline in property crimes.

Violent crime rates are Below Average, with a rate of 1,311.69 and 9,168 incidents in 2020. The year-by-year change in the violent crime rate is 3.53%, which indicates a stable trend.

Living in this neighborhood, you'll have access to excellent public transportation options, including the closest bus station, Northbound Fraser St @ E 65 Ave, which is just 0.14 km away.

Demographics in this neighborhood are diverse, with 20.4% of the population holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 23.7% of the population has no certificate or degree, which is Above Average compared to the average in BC.

The median household income in this neighborhood is $67,840, which is Average compared to other BC neighborhoods. The median personal income is $24,416, which is Low compared to the BC average. Notably, 64.3% of households in this neighborhood have a mortgage, which is Above Average.

Unemployment rates in the area are Low, with a rate of 5.1%. This is a positive indicator for the local economy and suggests that the neighborhood is experiencing stable job growth.

Population growth in the area has been Below Average, with a -1.2% change between 2011 and 2016. This is a relatively stable trend, suggesting that the neighborhood is not experiencing significant growth or decline.

Population density in this neighborhood is High, with 4,128 people per square kilometer. This suggests that the neighborhood is densely populated, but still offers a vibrant and diverse community.

Family dynamics in the area are interesting, with an average family size of 3.2, which is High compared to other regions. Additionally, 77.6% of families in the area have children, which is High. However, 52.2% of residents are married or living common law, which is Below Average.

Average age in the neighborhood is 40.7 years, which is Average compared to other BC cities.

Real estate context is also worth noting, with an average dwelling value of $1,379,782, which is High compared to other areas in BC. Average owner payments are High, with $1,871 spent on average for a dwelling. Tenants, on the other hand, are paying $1,056, which is Average.

**Renting vs. owning