702 587 W 7th Ave, Vancouver, BC, MLS® R2987162

As we walk through this beautiful community, you'll notice that it's serviced by some of the top-rated schools in the area. Let's start with the elementary schools. False Creek Elementary School, located just 0.74 km from our property, has a no rating assigned, but families love this area because of its convenient location and excellent educational opportunities. Just down the road, you'll find Kitsilano Secondary School, which is a short 3.46 km from our home. This school also has a no rating assigned, but its proximity to the property makes it an attractive option for families.

If you're looking for a different type of school experience, the closest independent elementary school to our property is Blessed Sacrament School, which has a stellar rating of 9.2/10 and is just 0.8 km away. For secondary school, St. John's International is the closest independent school, with a no rating assigned, but is conveniently located just 0.37 km from our property.

Now, let's talk about the safety of the area. According to the latest crime statistics from 2020, the overall crime rate near our property at 702 587 W 7th Avenue, Vancouver, BC, is 7,470.82, which is an average rate compared to other Canadian cities. To give you a better idea, there were 52,217 disturbances in the area, and the rate is calculated as the number of incidents per 100,000 population. While this may seem like a lot, it's essential to remember that crime rates can fluctuate over time.

Breaking down the crime statistics further, we see that the drug crime rate is average compared to other neighborhoods, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%. Property crimes in the area are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%. Lastly, the violent crime rate is below average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Now, let's talk about the lifestyle amenities in the area. The closest bus station is Olympic Village Station @ Bay 3, which is just 0.1 km away from our property. This makes it easy to get around the city without a car. If you enjoy spending time outdoors, you'll love the proximity to parks, beaches, and trails in the area.

As we explore the demographics of the area, we see that 58.9% of people with a university certificate or degree live in this neighborhood, which is high compared to other BC neighborhoods. On the other hand, 2.8% of the population in this area have no certificate or degree, which is low compared to the average in BC.

In terms of income, the median household income near our property at 702 587 W 7th Avenue, Vancouver, BC, is $89,971, which is above average compared to the British Columbia average. The median personal income is $57,280, which is also high compared to the BC average. Additionally, 72.3% of households in the area have a mortgage, which is high.

The unemployment rate in the area is 4.2%, which is low compared to other provinces. If you're interested in knowing more about the local economy, I'd be happy to provide you with more information.

As we look at the real estate context, we see that 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 in this area, with owners spending an average of $1,860 per month on their dwellings. Tenants are paying an average of $1,709 per month in this area, which is also high compared to other cities.

Finally, 45.7% of the population in this area are renters, which is above average compared to other BC cities and areas.

If you're looking for a community with a strong sense of identity, this might be the perfect place for you. With a high population density of 8,935.3 people per square kilometer, you'll never be bored in this vibrant neighborhood.

In terms of family dynamics, the average size of families in the area is 2.4, which is low compared to the whole region. The percent of families with children is 33%, which is also low. However, the percent of married or living common law couples is around 58%, which is average.

The average