516 1133 Homer St, Vancouver, BC, MLS® R3044612

Located in the vibrant neighborhood of Yaletown, this home offers the perfect blend of urban convenience and tranquility. As your trusted realtor, I'm excited to share with you the unique features and advantages of this property, backed by data and local expertise.

Families love this area because of its excellent schools. Lord Strathcona Community Elementary School, located just 1.08 km from 516 1133 Homer Street, boasts a reputation for providing a nurturing environment that fosters academic excellence. Meanwhile, King George Secondary School, situated 1.83 km from this property, offers a comprehensive education that prepares students for success.

For those seeking an alternative to traditional public schools, Anchor Point Montessori, a highly-regarded independent elementary school, is just 0.6 km away. And for secondary education, Pattison School, another respected independent institution, is a mere 0.56 km from this address.

According to the 2020 crime data from Statistics Canada, this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population, which is comparable to other Canadian cities. While there were 52,217 disturbances in the area, the overall rate is considered average. Furthermore, the year-over-year change in the total crime rate is a remarkable -14.94%.

Breaking down the crime statistics, we see that the drug crime rate is average, with a rating of 229.49 incidents per 100,000 population. Property crimes, however, are above average, with a rating of 5,020.27. Despite this, the year-over-year change in the property misconduct rate is a positive -20.80%.

This neighborhood is known for its high level of education, with 52% of residents holding a university certificate or degree, which is higher than the average in British Columbia. Conversely, only 5.5% of the population has no certificate or degree, making this area a hub for educated professionals.

The median household income in this neighborhood is $62,771, which is below the average in BC. However, the median personal income is $41,842, which is above average. Moreover, 73.7% of households in this area have a mortgage, indicating a strong sense of community and long-term investment.

For commuters, this property is ideally located near the Yaletown-Roundhouse Station, just 0.13 km away. With a low unemployment rate of 4.3%, this area offers excellent job opportunities and a high quality of life.

This neighborhood is a shopper's paradise, with numerous high-end boutiques and restaurants nearby. The nearby parks and beaches offer plenty of opportunities for outdoor recreation, while the nearby dog parks and trails provide a chance to connect with nature.

The average value of dwellings in this neighborhood is $651,930, which is higher than the average in British Columbia. With average owner payments of $1,621 and tenants paying $1,478, this area offers a stable and secure investment opportunity.

This neighborhood is a melting pot of cultures, with 11.4% of residents speaking both English and French, 86.8% speaking only English, and 0.1% speaking only French. Additionally, 22% of residents use public transport, 28% drive cars, 2% use bicycles, and 45.8% walk, making this area highly accessible and convenient.

In conclusion, 516 1133 Homer Street is an exceptional property in a thriving neighborhood that offers an excellent education, a safe community, and a high quality of life. With its prime location, excellent amenities, and strong investment potential, this property is a great opportunity for anyone seeking a comfortable and convenient lifestyle in Vancouver.

As your trusted realtor, I invite you to explore this property and experience the best of Vancouver living. Contact me today to schedule a viewing and make your dream a reality!