608 68 Smithe St, Vancouver, BC V6B 0P4, Vancouver, BC, V6B 0P4, MLS® R3049601

Welcome to 608 68 Smithe Street, a vibrant community in the heart of Vancouver's Downtown VW!

Education

Let's start with the schools. Located 0.96 km from Lord Strathcona Community Elementary School, this property provides an excellent opportunity for families to be close to quality education. With a rating of No Rating, Lord Strathcona Community Elementary School has a reputation for academic excellence. Just down the road, King George Secondary School is also nearby, offering students a seamless transition from elementary to secondary education.

Safety

As a homeowner, safety is a top priority. The crime data from Statistics Canada (2020) shows that the neighborhood surrounding 608 68 Smithe Street has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means that you can enjoy peace of mind knowing that your community is relatively safe. Additionally, the property crime rate is Above Average, with 35,089 incidents in 2020, but it's worth noting that this number has decreased by 20.80% year-over-year.

Demographics

This neighborhood is a melting pot of cultures, with a diverse population that reflects the city's vibrant spirit. According to the latest data, 56.5% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $78,822, which is Above Average in comparison to the British Columbia average. The neighborhood is also home to a high percentage of renters, with 51.6% of the population renting their homes.

Transit

As a resident of Downtown VW, you'll appreciate the convenience of public transportation. The closest bus station is Northbound Smithe St @ Expo Blvd, just 0.12 km away from this property. With a 56.5% transit mode share, this neighborhood is well-connected to the rest of the city.

Lifestyle Amenities

Imagine waking up to the sounds of nature, with parks and beaches just a short walk away. This neighborhood offers a range of lifestyle amenities, including:

• proximity to Lord Strathcona Park and King George Park
• easy access to beaches along False Creek
• nearby shopping centers and grocery stores
• a variety of restaurants and cafes to suit every taste
• nearby hospitals and medical facilities

Real Estate Context

As of 2020, the average value of dwellings in this neighborhood is $756,218, which is High compared to other areas in British Columbia. With an average owner payment of $1,811, homeowners in this area are investing in their properties. The average renter payment is also High, at $1,803.

Unemployment and Population Growth

The unemployment rate in this neighborhood is 5.5%, which is Low compared to other provinces. The population growth rate between 2011 and 2016 was 6.7%, which is Above Average in comparison to average growth rates in this region.

Community Insights

This neighborhood is a vibrant and diverse community, with a high percentage of families and renters. The average family size is 2.4, which is Low compared to the whole region. The population density per square kilometer is 14,953.4, which is High.

Language and Transportation

The neighborhood is linguistically diverse, with 86.7% of residents speaking only English. The use of public transportation is also high, with 19.2% of the population using it as their primary mode of transportation. Bicycling is also popular, with 2.8% of residents using bicycles as their primary mode of transportation.

In conclusion, 608 68 Smithe Street is more than just a property – it's a gateway to a vibrant community in the heart of Vancouver's Downtown VW. With its excellent schools, safety features, diverse demographics, convenient transit options, and range of lifestyle amenities, this neighborhood has something to offer every type of resident. As your trusted realtor, I'm excited to help you make this property your home.