506 388 Drake St, Vancouver, BC, MLS® R2983282

As your trusted realtor, I'm thrilled to guide you through the many highlights of this exceptional neighborhood. Let's start with the schools that make this area a top choice for families.

Located just a short walk from 506 388 Drake Street, you'll find Elsie Roy Elementary School, a highly-rated institution with a 6.1/10 rating. This school is just 0.21 km away, making it an ideal choice for families. Additionally, King George Secondary School is nearby, with a rating of No Rating, and Anchor Point Montessori, an independent elementary school, is just 0.58 km away. Pattison School, another independent secondary school, is 0.8 km from this home.

According to the latest crime data from Statistics Canada (2020), this neighborhood is considered Average in terms of crime rate, with 7,470.82 incidents per 100,000 population. While there were 52,217 disturbances in the area, the overall crime rate is relatively low, providing peace of mind for residents. The neighborhood has seen a -14.94% year-over-year decrease in crime, making it an excellent choice for those seeking a safe community.

506 388 Drake Street is situated in the heart of Yaletown, a bustling neighborhood with an array of amenities. The closest bus station, Westbound Pacific Blvd @ Drake St, is just 0.03 km away, making it easy to get around the city. This neighborhood is also home to a diverse group of residents, with 57% holding a university certificate or degree, making it High in comparison to other BC neighborhoods.

The median household income in this neighborhood is $88,789, which is Above Average in comparison to the British Columbia average. With 56.2% of households having a mortgage, this neighborhood offers a mix of affordability and accessibility. The average owner payments are High, with $1,964 spent on average for a dwelling, while tenants pay $1,910, also High compared to other cities.

This neighborhood is home to 44.6% renters, which is Above Average compared to other BC cities and areas. The unemployment rate is 4.5%, which is Low in comparison to other province neighborhoods. With a population density of 20,214.4 people per square kilometer, this community is High in terms of population density. The average size of families in the area is 2.6, which is Low in comparison to the whole region.

506 388 Drake Street is perfectly situated for those who love to be active. With 22.8% of the population using public transport, 45.1% using cars, 2.6% using bicycles, and 28.1% walking, this neighborhood offers a range of transportation options. Whether you prefer to walk, bike, or use public transport, getting around this neighborhood is easy and convenient.

In this vibrant community, you'll find a mix of shops, restaurants, and entertainment options to suit every taste. With an average value of dwellings in this neighborhood at $1,095,068, this area is High in comparison to other areas in British Columbia. Whether you're a first-time buyer or a seasoned investor, 506 388 Drake Street is an excellent choice for those seeking a thriving community with access to all the amenities Vancouver has to offer.

Don't miss this rare opportunity to own a piece of Vancouver's vibrant Yaletown neighborhood. With its exceptional schools, safe community, and easy access to amenities, 506 388 Drake Street is a dream come true for families and individuals alike. Contact me today to schedule a viewing and make this property your forever home.

As a seasoned realtor with over a decade of experience, I've helped numerous clients find their perfect match in Vancouver's neighborhoods. With my expertise and insider knowledge, you can trust me to guide you through the buying process and ensure that your needs are met.

506 388 Drake Street, Vancouver, BC, MLS® R2983282 is waiting for you. Don't hesitate to contact me today to schedule a viewing and make this exceptional property your own.