1 5033 Prince Albert St, Vancouver, BC, MLS^® R3060698

Imagine walking through the vibrant Fraser VE neighborhood, where you'll find the beautiful home located at 1 5033 Prince Albert Street, Vancouver, BC. This stunning property, listed as MLS^® R3060698, is a gem in the community, and I'm excited to share its many charms with you.

Schools

As we begin our tour, let's talk about the excellent schools in the area. The property is serviced by Sir Alexander Mackenzie Elementary School, rated 5.8/10, and located just 0.56 km away. This school is a favorite among families, who appreciate its strong academic programs and supportive community. Just down the road, you'll find John Oliver Secondary School, rated No Rating, and located 0.81 km from the property. And for those seeking an independent education, St. Andrew's Elementary School, rated No Rating, is only 1.43 km away. For secondary education, Stratford Hall School, rated 8.7/10, is a short 2.46 km drive from the property.

Crime

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The number of volation disturbances in the area is 52,217, and the rate per 100,000 population is 7,470.82. While there have been some concerns about crime in the past, the year-by-year change in the total crime rate is a positive -14.94%. In terms of specific types of crime, the drug crime rate is Average, with a rating of 229.49 and 1,604 lawbreaking disturbances in 2020. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. Fortunately, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Transit

Getting around is a breeze in this neighborhood, thanks to the nearby Northbound Fraser St @ E 35 Ave bus station, just 0.15 km away from the property. With convenient access to public transportation, you'll have no trouble exploring the city or commuting to work.

Demographics

Let's take a closer look at the demographics of the area. With 28.3% of the population holding a university certificate or degree, this neighborhood is Above Average compared to other BC municipalities. However, 18.1% of the population has no certificate or degree, which is Average. The median household income is $74,752, which is Average compared to the British Columbia average. Interestingly, the median personal income is $28,443, which is Below Average. And with 53% of households owning their homes, this neighborhood is Below Average in terms of homeownership.

Lifestyle Amenities

This neighborhood is filled with lifestyle amenities that make it the perfect place to call home. You'll find plenty of parks, beaches, and trails to explore, as well as dog parks, shopping malls, grocery stores, restaurants, and coffee shops. And with a population density of 7,038.9 people per square kilometer, you'll never be far from the action.

Real Estate Context

With an average dwelling value of $1,336,745, this neighborhood is High compared to other areas in British Columbia. And with average owner payments of $1,689 and tenant payments of $1,213, this neighborhood is Above Average in terms of rental costs. Interestingly, 40.8% of the population are renters, which is Above Average compared to other BC cities and areas.

Unemployment and Growth

The unemployment rate in this area is 6.1%, which is Below Average compared to other province neighborhoods. And with a population change of 0.1% between 2011 and 2016, this neighborhood is Average in terms of growth rate.

Community Profile

This community is a vibrant and diverse place to live, with a population of 39.9 years on average, which is Below Average compared to other BC cities. The average family size is 3, which is Above Average, and 72.2% of families have children, which is High. Interestingly, 53.1% of the population are married or living common law, which is Below Average.

In conclusion, 1 5033 Prince Albert Street, Vancouver, BC (MLS^® R3060698) is a stunning property in a vibrant and diverse neighborhood. With its excellent schools, convenient transit options, and plenty of lifestyle amenities, this home is the perfect place to call your own. Whether you're a family or an individual, this property has something for everyone. So why wait? Come and explore this beautiful community for yourself