518 108 E 1st Ave, Vancouver, BC, MLS® R3049700

Welcome to the vibrant community of Mount Pleasant in Vancouver's Eastside, where I'm delighted to present to you 518 108 E 1st Avenue, a stunning property listed under MLS® R3049700. As we explore this charming neighborhood, you'll notice a blend of urban convenience and small-town charm that makes it an ideal place to call home.

Education

Just a short stroll from this beautiful home, you'll find Simon Fraser Elementary School, a highly-rated institution with a rating of 5.9/10. This school is just 1.48 km away from 518 108 E 1st Avenue, making it an excellent choice for families. However, if you're looking for an independent elementary school, St. Francis Xavier is just 0.64 km away, boasting an impressive rating of 9.8/10. For secondary education, Columbia College is a mere 0.54 km from this address, offering students a world-class learning experience.

Crime

According to the latest statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. This is a typical urban rate, ensuring that residents can enjoy a safe and secure living environment. In fact, the year-by-year change in total crime rate is -14.94%, indicating a downward trend in criminal activity.

Demographics

The community surrounding 518 108 E 1st Avenue is a vibrant and diverse group. With 58.9% of residents holding a university certificate or degree, this neighborhood ranks high in terms of education levels. On the other hand, 2.8% of the population has no certificate or degree, which is a low number compared to the average in British Columbia. The median household income in this area is $89,971, which is above average compared to other BC neighborhoods.

Transit

Convenience is at the forefront of this neighborhood's design. The closest bus station, Westbound E 2nd Ave @ Main St, is just 0.1 km away from this property, making it an ideal location for commuters. With 44.2% of residents using cars, 27.5% using public transport, 6.7% using bicycles, and 20.4% walking, this neighborhood offers a range of transportation options to suit every lifestyle.

Lifestyle Amenities

Mount Pleasant offers an abundance of lifestyle amenities, making it an ideal place to live. With a population density of 8,935.3 people per square kilometer, this neighborhood is bustling with activity. The average family size is 2.4, which is lower than the regional average. The percentage of families with children is 33%, and married or living common-law couples make up 58% of the population.

Real Estate Context

The average value of dwellings in this neighborhood is $814,643, which is high compared to other areas in British Columbia. The average owner payments are also high, with residents spending $1,860 per month on their dwellings. Tenants, on the other hand, pay an average of $1,709 per month, which is also high compared to other cities.

Additional Insights

As we explore this charming neighborhood, you'll notice that 45.7% of the population are renters, which is above average compared to other BC cities and areas. The percentage of English and French speakers is 13.3%, which is above average, while the percentage of English speakers only is 85.4%, which is below average. The unemployment rate in this area is 4.2%, which is low compared to other provinces.

In conclusion, 518 108 E 1st Avenue, Vancouver, BC V5T 0E4, MLS® R3049700, is a stunning property located in the heart of Mount Pleasant. With its blend of urban convenience and small-town charm, this neighborhood offers a unique living experience that's hard to find. Whether you're a family, a couple, or an individual, this property has something to offer. So why wait? Contact me today to schedule a viewing and make this beautiful home yours!