5061 Bear Lane, West Vancouver, BC, MLS® R3045242

As we step into this beautiful home, we're surrounded by the tranquility of nature and the convenience of modern amenities. Let's take a walk through the community and explore what makes this area so special.

Just down the road, you'll find Mulgrave School, an acclaimed elementary and secondary independent school with a rating of 9.7/10. This top-notch institution is just a 5.29 km drive from our property, offering families a world-class education for their children. According to the school's website, Mulgrave School is committed to providing a comprehensive and inclusive learning environment that fosters academic excellence, creativity, and personal growth.

When it comes to safety, this neighborhood has consistently shown a low crime rate compared to other Canadian cities. According to the 2020 crime data from Statistics Canada, the overall crime rate near 5061 Bear Lane is 4,969.41, which is considered low. The rate is measured as the number of incidents per 100,000 population. Year over year, the total crime rate in the area has decreased by 10.40%. This means that residents can enjoy a peaceful and secure living environment.

The neighborhood surrounding 5061 Bear Lane is home to a diverse community with a high percentage of university-educated residents. According to the 2016 census, 49% of people with a university certificate or degree live in this area, which is considered high compared to other BC neighborhoods. On the other hand, 9% of the population in this area have no certificate or degree, which is low compared to the average in BC.

Convenience is at the forefront of living in this area, with the Southbound Marine Dr @ The Crossway bus station located just a 0.14 km walk from our property. This makes it easy to get around without a car, and with a low unemployment rate of 6.2% in the area, residents can enjoy a stable and secure lifestyle.

The neighborhood around 5061 Bear Lane is surrounded by an array of lifestyle amenities that cater to both residents and visitors. From beautiful parks and beaches to hiking trails and dog parks, there's something for everyone to enjoy. Shopping malls, grocery stores, restaurants, and coffee shops are also nearby, making it easy to access the necessities and luxuries of modern living.

The average value of dwellings in this neighborhood is $2,443,032, which is considered high compared to other areas in British Columbia. With an average owner payment of $2,309, residents can enjoy a comfortable and secure living environment. Meanwhile, tenants are paying an average of $3,124, which is also high compared to other cities.

The community around 5061 Bear Lane is characterized by a high percentage of married or living common-law couples (69.5%), which is considered high. The average age of the population is 45.4, which is above average compared to other BC cities. With a population density of 169 people per square kilometer, this area is considered below average.

As a real estate investor, you'll appreciate the high average value of dwellings in this neighborhood and the low percentage of renters (8.4%) compared to other BC cities. With an average owner payment of $2,309 and an average tenant payment of $3,124, this property offers a stable and secure investment opportunity.

5061 Bear Lane, West Vancouver, BC (MLS® R3045242) is a stunning property that offers a unique blend of natural beauty, modern amenities, and community spirit. With its low crime rate, high percentage of university-educated residents, and convenient access to public transportation, this area is an attractive option for families, professionals, and investors alike. As a trusted realtor with over a decade of experience in British Columbia real estate, I invite you to explore this property and discover the many benefits it has to offer.