4988 Sherbrooke St, Vancouver, BC, Vancouver, BC, V5W 3M2, MLS® R3048571

Welcome to 4988 Sherbrooke Street, a beautiful property located in the heart of Vancouver, BC!

As we step into this vibrant neighborhood, you'll find a diverse community with a perfect blend of schools, amenities, and lifestyle opportunities. Let's explore what makes this area so special.

Education

Our home, listed as MLS® R3048571, is serviced by Sir Alexander Mackenzie Elementary School, a highly rated institution with a 5.8/10 rating. As reported by their website, this school is known for its excellent academic performance and dedicated teachers. The school is conveniently located just 0.64 km from our property, making it an ideal choice for families. According to Statistics Canada's 2020 report, the average rating for elementary schools in British Columbia is 6.3/10, so Sir Alexander Mackenzie Elementary School is above average in this regard.

Just down the road, you'll find John Oliver Secondary School, a highly regarded institution with a No Rating. However, its proximity to our property, at just 1.18 km, makes it an attractive option for families who value a strong educational foundation.

Crime

The crime data from Statistics Canada (2020) show that our neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This rate is calculated by considering the number of incidents per 100,000 population. A closer look at the data reveals that the rate of property crimes is Above Average, with 5,020.27 incidents per 100,000 population. However, the rate of violent crimes is Below Average, with 1,311.69 incidents per 100,000 population.

Demographics

Our neighborhood is home to a diverse population, with 28.3% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. According to the 2016 census, the median household income is $74,752, which is Average compared to the British Columbia average. The median personal income is $28,443, which is Below Average. Interestingly, 53% of households in this neighborhood own their homes, which is Below Average compared to other areas.

Transit

As you can see, our property is conveniently located near public transportation. The closest bus station, Westbound E 33 Ave @ Inverness St, is just 0.1 km away from our property.

Lifestyle Amenities

Our neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, and shopping malls. The average value of dwellings in this neighborhood is $1,336,745, which is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending an average of $1,689 per month. Tenants, on the other hand, pay an average of $1,213 per month, which is Above Average.

Real Estate Context

As we explore the real estate market, we find that 40.8% of the population in this neighborhood are renters, which is Above Average compared to other BC cities. The average age of the population is 39.9, which is Below Average compared to other BC cities. Interestingly, the average size of families in this neighborhood is 3, which is Above Average.

Final Thoughts

In conclusion, 4988 Sherbrooke Street is an excellent choice for families and individuals looking for a vibrant and diverse community. With its excellent schools, convenient public transportation, and a wide range of lifestyle amenities, this property offers an unparalleled quality of life. As your trusted realtor, I invite you to explore this beautiful property and experience all that it has to offer.