8568 Oak St, Vancouver, BC, MLS® R3038191

Welcome to 8568 Oak Street, a charming home located in the heart of Vancouver, BC! As a trusted realtor with extensive knowledge of the area, I'm excited to share with you the unique features and benefits of this amazing property. Let's start with the schools, shall we?

Located just a short 1.13 km from Sir Wilfrid Laurier Elementary School, this home is serviced by a school with a rating of 7.5/10, according to the latest reviews. Families love this area because of the school's excellent reputation and the convenience of its proximity to our home. You'll also appreciate that Sir Winston Churchill Secondary School is nearby, with a rating of No Rating, and located just 1.32 km from our property.

But that's not all - if you're looking for an independent school option, St. Anthony of Padua is the closest elementary school, with a rating of 8.7/10, and is conveniently located just 0.71 km from our home. For secondary independent school options, Royal Canadian College is just 0.82 km away, with a rating of No Rating.

Now, let's talk about safety. The latest crime data from Statistics Canada shows that this neighbourhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. The year-over-year change in the total crime rate is a notable -14.94%, which is a positive trend. Additionally, the drug crime rate is average, with a rating of 229.49, and the illegal substances offences rating is 1,604, with a year-over-year change of 1.58%. Property crimes in the area are above average, with a rating of 5,020.27, but the year-over-year change is a significant -20.80%. Lastly, the violent crime rate is below average at 1,311.69, with a year-over-year change of 3.53%.

Getting around is easy, thanks to the nearby Northbound Oak St @ W 70 Ave bus station, which is just 0.02 km away from our property.

Now, let's take a look at the demographics of the area. With 36.6% of the population holding a university certificate or degree, this neighbourhood is considered high compared to other BC neighbourhoods. On the other hand, 13.5% of the population has no certificate or degree, which is below average compared to the average in BC.

In terms of income, the median household income in this area is $66,125, which is average compared to the British Columbia average. However, the median personal income is $24,722, which is low compared to the BC average. Additionally, 42.1% of households in this area have a mortgage, which is considered low.

Unemployment rates in the area are also worth noting, with a rate of 5.8%, which is below average compared to other province neighbourhoods.

Now, let's talk about the community itself. The population change between 2011 and 2016 was -3.8%, which is low compared to average growth rates in the region. The population density per square kilometre is 4,785.1, which is high. The average size of families in the area is 2.9, which is average compared to the whole region. However, 71.8% of families in the area have children, which is high. Additionally, 54.7% of the population is married or living common law, which is below average.

The average age of the population in the area is 42.4, which is average compared to other BC cities. And finally, the average value of dwellings in this neighbourhood is $1,969,471, which is high compared to other areas in British Columbia.

As for transportation, 39.5% of the population in the area are renters, which is above average compared to other BC cities and areas. The majority of the population uses cars, with 60% of the population using this mode of transportation. However, 33.3% of the population uses public transportation, which is high. Additionally, 1.9% of the population uses bicycles, which is above average, and 3.4% of the population walks, which is average.

In conclusion, 8568 Oak Street is a fantastic home located in a wonderful neighbourhood in Vancouver, BC. With its excellent schools, average crime rate, and high population density, this area offers a unique blend of convenience and community. If you're looking for a home that offers a great lifestyle and a strong sense of community, look no further than 8568 Oak Street. This property, listed with MLS® R3038191, is a must-see for anyone looking to make Vancouver their home.

Average Owner payments are high in the area adjacent to