1340 W 7th Ave, Vancouver, BC, MLS^® R3062672

Welcome to 1340 W 7th Avenue, a stunning property in the heart of Vancouver, BC, listed as MLS^® R3062672. As we explore this beautiful home, I'd like to take a moment to highlight the fantastic schools that serve this area.

False Creek Elementary School, located just 0.65 km from our property, is a popular choice among families. While I couldn't find a specific rating for this school, its proximity to our home makes it an attractive option for families with young children. Just down the road, you'll find Kitsilano Secondary School, a short 2.15 km drive from our property.

For those seeking a private education, St. Augustine's Elementary Independent School is just 1.34 km away, offering a unique learning experience. If you're looking for a secondary independent school, Century High School is conveniently located just 0.78 km from our home.

Now, let's talk about the safety of our neighborhood. According to the latest crime statistics from Statistics Canada (2020), our area has an average crime rate of 7,470.82 per 100,000 population. This is comparable to other Canadian cities, with a year-over-year change of -14.94%. In terms of specific crime types, we see an average rate of drug-related offenses (229.49) and above-average property crimes (5,020.27). However, it's reassuring to note that our neighborhood has a below-average violent crime rate (1,311.69).

As we explore the local amenities, you'll find that our neighborhood is well-connected to public transportation. The Westbound W Broadway @ Hemlock St bus station is just 0.15 km away, making it easy to get around the city.

Now, let's dive into the demographics of our neighborhood. We see a high percentage of residents with a university certificate or degree (58.9%), which is significantly higher than the BC average. In contrast, only 2.8% of the population in our neighborhood has no certificate or degree, which is lower than the average in BC.

In terms of household income, the median household income in our neighborhood is $89,971, which is above average compared to the BC average. The median personal income is $57,280, also higher than the BC average. Notably, 72.3% of households in our neighborhood have a mortgage, which is a high percentage.

Unemployment rates in our area are low, at 4.2%, which is lower than the average in other provinces. Our neighborhood has experienced high population growth between 2011 and 2016, with a growth rate of 69.4%, which is higher than the average in this region.

Our neighborhood is characterized by a high population density, with 8,935.3 people per square kilometer. The average family size in our area is 2.4, which is lower than the average in the region. However, 33% of families in our neighborhood have children, which is lower than the average.

In terms of age demographics, our neighborhood has an average age of 39, which is below average compared to other BC cities.

The average value of dwellings in our neighborhood is $814,643, which is higher than the average in other areas in British Columbia. Owner payments in our area are also high, with an average of $1,860 per month. Tenants in our neighborhood pay an average of $1,709 per month, which is also higher than the average.

Interestingly, 45.7% of the population in our neighborhood are renters, which is above average compared to other BC cities and areas.

Finally, let's talk about the languages spoken in our neighborhood. We see a high percentage of English and French speakers (13.3%), with 85.4% of residents speaking only English, which is below average. Additionally, 0.1% of residents speak only French, which is low. Only 1.3% of residents in our neighborhood speak neither English nor French, which is average.

In terms of transportation, 27.5% of residents in our neighborhood use public transportation, which is high. However, 44.2% of residents use cars, which is low. 6.7% of residents use bicycles, which is high, and 20.4% of residents walk, also high.

In conclusion, 1340 W 7th Avenue, listed as MLS^® R3062672, is a fantastic property in a desirable neighborhood in Vancouver, BC. With its proximity to excellent schools, low crime rates, and high percentage of English speakers, this property is an attractive option for families and individuals alike.