508 538 W 7th Ave, Vancouver, BC, MLS® R3035961

This charming home, listed as MLS® R3035961, is situated in one of Vancouver's most desirable neighborhoods. As we explore the community, I'd like to share with you the highlights of this beautiful area.

Just a short 0.81 km from home, False Creek Elementary School serves this neighborhood. This school has a rating of No Rating, making it an ideal choice for families. Did you know that families love this area because of the excellent educational opportunities? Kitsilano Secondary School, also servicing this area, is a 3.51 km drive away.

However, for those seeking an alternative education option, there's the Blessed Sacrament School, an independent elementary school with a stellar 9.2/10 rating, located just 0.78 km from this home. And for secondary education, St. John's International, an independent school with a No Rating, is conveniently located at 0.3 km from this address.

According to the freshest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With a year-by-year change in the total crime rate of -14.94%, this area is experiencing a decline in crime. Additionally, the drug crime rate is Average, with 229.49 incidents per 100,000 population, and a year-by-year change of 1.58%. Property crimes are Above Average, with a rating of 5,020.27, but have decreased by 20.80% over the years.

Convenience is key in this neighborhood! The closest Bus station is Southbound Cambie St @ W 7th Ave, just 0.09 km away from this listing with MLS® R3035961. With multiple transportation options at your doorstep, getting around has never been easier.

This neighborhood is home to a diverse group of residents. With 58.9% of the population holding a university certificate or degree, it's a highly educated area. In comparison, 2.8% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $89,971, making it Above Average compared to British Columbia averages. Median personal income is $57,280, also High compared to BC averages. A significant 72.3% of households in this area have a mortgage, making it a High percentage.

The unemployment rate in this area is a Low 4.2%, making it an attractive location for those seeking employment. This neighborhood has experienced a population growth of 69.4% between 2011 and 2016, which is High compared to average growth rates in the region.

With a population density of 8,935.3 people per square kilometer, this area is considered High in terms of population density. The average family size is 2.4, which is Low compared to the region. Only 33% of families in this area have children, making it a Low percentage. However, 58% of residents are married or living common law, which is Average.

The average age of the population in this area is 39, which is Below Average compared to other BC cities. As for housing, the average value of dwellings is $814,643, making it High compared to other areas in British Columbia. Average owner payments are High, with $1,860 spent on average for dwellings. Tenants are paying $1,709 in this district, also High compared to other cities.

In this neighborhood, 45.7% of the population are renters, making it Above Average compared to other BC cities and areas. The majority of residents speak English, with 85.4% being English-only speakers, which is Below Average. French speakers make up only 0.1% of the population, making it Low. English and French speakers combined make up 13.3%, which is Above Average. Public transportation is a popular choice, with 27.5% of residents using it to get around.

In conclusion, 508 538 W 7th Avenue, Vancouver, BC (MLS® R3035961) is a wonderful place to call home. With its excellent schools, low crime rates, and high level of education, this neighborhood is an attractive choice for families and individuals alike.