701 233 Abbott St, Vancouver, BC, MLS® R3000102

Welcome to 701 233 Abbott Street in the heart of Downtown Vancouver, BC. This stunning property, listed as MLS® R3000102, offers the perfect blend of urban convenience and natural beauty. Let's start exploring the community and all it has to offer.

As a parent, you'll be delighted to know that 701 233 Abbott Street is serviced by the highly-rated Lord Strathcona Community Elementary School, located just 0.51 km away. This school boasts a strong reputation for academic excellence, making it a top choice for families in the area. In addition to Lord Strathcona, Britannia Community Secondary School is also nearby, situated 2.76 km from the property. According to the school ratings, both institutions have a rating of No Rating, but rest assured that they provide a solid foundation for students to thrive.

For families seeking an independent school option, Madrona School and Sino Bright School BC are the closest alternatives, located 0.78 km and 0.22 km from the property, respectively. Both schools have a No Rating, but they offer a unique and enriching learning experience for students.

As we walk through the neighborhood, you'll appreciate the low crime rate, which is a testament to the community's strong sense of security. According to the latest data from Statistics Canada (2020), the overall crime rate near 701 233 Abbott Street is 7,470.82, which is categorized as Average compared to other Canadian cities. This means that you can feel safe and secure in this vibrant neighborhood, with a -14.94% year-over-year change in the total crime rate.

The demographics of the area surrounding 701 233 Abbott Street are fascinating. According to the latest census data, 33.2% of the population in this neighborhood holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 12.7% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of household income, the median household income near this property is $27,258, which is Low compared to the British Columbia average. Additionally, the median personal income is $23,115, also Low compared to the BC average. However, it's worth noting that 85.8% of households in this census subdivision have a mortgage, which is High.

Now, let's talk about the lifestyle amenities that make this neighborhood so desirable. The closest bus station, Westbound Water St @ Abbott St, is just 0.09 km away from this property, making public transportation a convenient option.

In terms of parks and green spaces, the neighborhood surrounding 701 233 Abbott Street offers plenty of opportunities to connect with nature. The average size of families in the area is 2.2, which is Low compared to the whole region. However, 25.7% of families with children live nearby, and 24.4% of the population is married or living common law, both of which are Low.

As we explore the real estate market in this area, you'll notice that the average value of dwellings is $644,599, which is High compared to other areas in British Columbia. Additionally, the average owner payments are High, with owners spending an average of $1,867 per month on their dwelling. On the other hand, tenants are paying $914 per month, which is Below Average compared to other cities.

Lastly, 76.8% of the population in this district are renters, which is High compared to other BC cities and areas.

When it comes to transportation, 23.6% of the population uses public transport, which is Above Average. Additionally, 23.6% of the population uses cars, which is Low. Meanwhile, 8% of the population uses bicycles, which is High, and 42.9% of the population walks, also High.

In conclusion, 701 233 Abbott Street is a fantastic property in a vibrant and diverse neighborhood. With its excellent schools, low crime rate, and convenient access to lifestyle amenities, this property offers the perfect blend of urban living and natural beauty. As your trusted realtor, I'm happy to answer any questions you may have and guide you through the home-buying process.