902 885 Cambie St, Vancouver, BC, MLS® R3014873

Welcome to 902 885 Cambie Street, a stunning property in the heart of Downtown Vancouver! As your trusted realtor, I'm excited to share with you the unique features and advantages of this extraordinary home.

Let's start with the excellent educational opportunities in the area. Lord Strathcona Community Elementary School, a highly-rated institution, is just 0.75 km away from this beautiful property, making it an ideal choice for families with young children. This school's commitment to providing a nurturing and supportive environment is something that families love about this area.

In addition to Lord Strathcona, King George Secondary School is also nearby, located at 1.99 km, offering students a wide range of academic and extracurricular programs to enhance their learning experience.

If you're looking for a private school option, The Westside School, an independent elementary school, is just 0.22 km away from this home, offering a personalized and well-rounded education to its students.

For secondary school students, Lowell High School, an independent secondary school, is conveniently located at 0.23 km, providing students with a challenging and engaging academic environment.

Now, let's talk about the safety and security of the area. According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has an average crime rate compared to other Canadian cities, with 52,217 reported incidents. The overall crime rate is 7,470.82 per 100,000 population, which is relatively low. Additionally, the drug crime rate is average, with 1,604 reported incidents, and the property crime rate is above average, with 35,089 reported incidents.

When it comes to transportation, this property is ideally located near the Southbound Cambie St @ Robson St bus station, just 0.11 km away, making it easy to get around the city.

Now, let's take a look at the demographics of the area. This neighbourhood is home to a highly educated population, with 56.5% of residents holding a university certificate or degree, which is high compared to other BC neighbourhoods. Additionally, the median household income is $78,822, which is above average in comparison to the British Columbia average.

The median personal income is $47,376, which is also high compared to the BC average. Furthermore, 70.6% of households in this area have a mortgage, which is high compared to other provinces.

In terms of unemployment, the rate in this area is 5.5%, which is low compared to other neighbourhoods.

The population change between 2011 and 2016 was 6.7%, which is above average in this region. The population density per square kilometre is 14,953.4, which is high compared to other areas.

The average size of families in this area is 2.4, which is low compared to the whole region. However, 36.5% of families in this area have children, which is low. The percentage of married or living common-law couples is 52.8%, which is below average.

The average age of the population is 37.8, which is below average compared to other BC cities. The average value of dwellings in this neighbourhood is $756,218, which is high compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are high in this area, with owners spending an average of $1,811 per month. Tenants are also paying a high average of $1,803 per month.

Interestingly, 51.6% of the population in this area are renters, which is high compared to other BC cities and areas.

Language-wise, 10.5% of the population in this area speaks English and French, which is above average. However, 86.7% of the population speaks only English, which is below average. Only 0.1% of the population speaks only French, which is below average.

Finally, 19.2% of the population in this area uses public transportation, which is above average. 37.5% of the population uses cars, which is low. 2.8% of the population uses bicycles, which is above average. And 38.6% of the population walks, which is high.

In conclusion, 902 885 Cambie Street is a fantastic property in a unique and desirable location. With its excellent educational opportunities, low crime rate, and high level of amenities, this property is sure to impress even the most discerning buyer. As your trusted realtor, I would be delighted to show you around this property and answer any questions you may have. Please don't hesitate to contact me to schedule a viewing.

MLS® R3014873