4475 Wallace St, Vancouver, BC, MLS® R3043301

Welcome to 4475 Wallace Street, a beautiful home for sale in the heart of Vancouver, BC. With its prime location and excellent amenities, this property is a dream come true for families and individuals alike.

First, let's talk about the schools. Queen Elizabeth Elementary School, rated 6.4/10, is conveniently located just 1.34 km from this stunning home with the listing MLS® R3043301. For parents who prioritize quality education, this proximity is a major plus. Plus, Immaculate Conception School, a highly-rated independent elementary school, is just 0.26 km away, offering families a world-class education within walking distance. And for older students, St George's School, a top-ranked secondary independent school, is a mere 0.57 km from home, providing endless opportunities for academic and personal growth.

Now, let's take a look at the crime statistics. According to Statistics Canada's 2020 report, there were 52,217 disturbances in this neighbourhood, resulting in an overall crime rate of 7,470.82 per 100,000 population. Compared to other Canadian cities, this rate is Average, giving you peace of mind as you call this home. Furthermore, the year-over-year change in the total crime rate is a whopping -14.94%, indicating a downward trend in crime.

In terms of drug-related crimes, the rating next to the listing MLS® R3043301 is Average, with 1,604 incidents reported in 2020. The illegal substances offences ranking shows a 1.58% year-over-year increase, a relatively minor fluctuation. Property crimes in the neighbourhood, however, stand out as Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. Nevertheless, the year-over-year change in the property misconduct rate is a notable -20.80%. And on the bright side, the violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population, a testament to the community's safety and security.

Now, let's explore the local amenities. The nearby Southbound Dunbar St @ W 27 Ave bus station is a mere 0.44 km away, making it a breeze to get around the city. Plus, the median household income in this neighbourhood is a respectable $92,818, Above Average compared to the British Columbia average. And with a median personal income of $37,262, you'll have plenty of disposable income to enjoy the local lifestyle. The percentage of households with a mortgage is 47.2%, a slightly lower-than-average rate, but still a great indicator of the area's desirability.

In terms of demographics, 52.6% of residents in this neighbourhood have a university certificate or degree, a significantly High percentage compared to other BC neighbourhoods. On the other hand, 10.2% of the population has no certificate or degree, a relatively Low percentage. The unemployment rate in this area is 5.7%, Below Average compared to other provincial neighbourhoods. And with a population change of 0.1% between 2011 and 2016, this neighbourhood is experiencing Average growth, making it an attractive option for families and individuals alike.

As for the local community, the average size of families in this area is 3, Above Average compared to the whole region. The percentage of families with children is a high 70.1%, making it an excellent choice for families with young ones. Plus, the average age of the population is 40.9, an Average age compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighbourhood is a staggering $2,729,934, High compared to other areas in British Columbia. And with average owner payments of $2,289 and tenants paying $1,693, this neighbourhood is a great option for both investors and homebuyers.

Finally, let's talk about transportation. 22.5% of the population in this area uses public transport, Above Average compared to other BC cities. 62.8% of residents use cars, a Low percentage, while 6.7% use bicycles, a High percentage. And with 5.7% of residents walking, this neighbourhood is pedestrian-friendly, making it an excellent choice for those who prioritize sustainability and health.

In conclusion, 4475 Wallace Street, Vancouver, BC, MLS® R3043301, is a true gem in the heart of Vancouver. With its excellent schools, Average crime rate, and High median household income, this property is a dream come true for families and individuals alike. Whether you're looking for a safe and secure community or a vibrant and diverse neighbourhood, this stunning home is the perfect choice. So why wait? Contact me today to schedule a viewing and make 4475 Wallace Street your