612 89 Nelson St, Vancouver, BC, MLS® R2985756

Welcome to the vibrant neighborhood of Yaletown, where you'll find the stunning property located at 612 89 Nelson Street, Vancouver, BC, proudly listed as MLS® R2985756. As we take a walk through this charming area, I'm excited to share with you the unique features and characteristics that make it a desirable place to call home.

Let's start with the schools. Your kids will thrive in the excellent education system here, with Lord Strathcona Community Elementary School just a 1.02 km stroll away from your doorstep. This school boasts a No Rating, but don't worry, it's a great place for kids to learn and grow. Plus, with King George Secondary School just 2.25 km away, you'll have access to a high-quality secondary education.

If you prefer an independent school setting, The Westside School is conveniently located a mere 0.35 km from your home, with a No Rating. For secondary independent education, Lowell High School is just 0.49 km away, also with a No Rating. We're confident that you'll find the perfect fit for your family's educational needs in this neighborhood.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. While this may seem concerning, it's essential to note that it's actually an average rate compared to other Canadian cities. In fact, the year-over-year change in the total crime rate is a staggering -14.94% – a testament to the community's commitment to safety.

Regarding property crimes, the neighborhood is classified as Above Average, with a rating of 5,020.27 incidents per 100,000 population. However, the year-over-year change in the property misconduct rate is a positive -20.80%. This is great news for homeowners, as it indicates a decrease in property-related crimes.

If you're concerned about violent crimes, rest assured that the neighborhood has a Below Average rate, with 1,311.69 incidents per 100,000 population. This is a testament to the community's strong sense of security and low crime rate.

As for public transportation, the Westbound Expo Blvd @ Nelson St bus station is just 0.05 km away from your home, making it easy to get around the city.

Now, let's dive into the demographics of this wonderful neighborhood. With 56.5% of the population holding a university certificate or degree, this area is truly a hub of education and intellectual curiosity. In fact, this percentage is High compared to other BC neighborhoods. Additionally, 3.6% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this neighborhood is $78,822, which is Above Average compared to the British Columbia average. The median personal income is $47,376, which is High compared to the BC average. Moreover, 70.6% of households in this census subdivision have a mortgage, which is High.

Unemployment rates in the area are Low, with 5.5% of the population out of work. This is a testament to the strong economy and job market in this neighborhood.

In terms of population growth, this area has experienced a healthy 6.7% increase between 2011 and 2016, which is Above Average compared to the average growth rate of this region.

As for population density, this neighborhood has a whopping 14,953.4 people per square kilometer, which is High compared to other areas.

With an average family size of 2.4, this is a Low number compared to the whole region. Moreover, 36.5% of families in the area have children, which is Low. However, 52.8% of the population is married or living common law, which is Below Average.

The average age of the population in this neighborhood is 37.8, which is Below Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $756,218, which is High compared to other areas in British Columbia. Homeowners in the area spend an average of $1,811 per month on mortgage payments, while tenants pay an average of $1,803 per month – both of which are High.

Finally, 51.6% of the population in this neighborhood are renters, which is High compared to other BC cities and areas. The majority of the population speaks English, with 86.7% speaking only English and 10.5% speaking both English and French. However, 2.6% of the population speaks neither English nor French, which is Above Average.

As for transportation, 19.2% of the population uses public transport, which is Above Average. Meanwhile, 37