197 W King Edward Ave St, Vancouver, BC, MLS^® R3025699

Welcome to the vibrant community of Cambie, where lifestyle meets luxury.

Education:

Just down the road from your new home, you'll find General Wolfe Elementary School, rated No Rating. While it may not have a specific rating, families love this area because of the excellent schools nearby. The property is conveniently located 0.35 km from the school. If you're looking for a secondary school, Vancouver Talmud Torah Elementary School is a 1.23 km drive, boasting a 9.3/10 rating, while St.Patrick Regional Secondary School, with No Rating, is a 1.46 km commute away.

Safety and Crime Rates:

According to the freshest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. To put this into perspective, there were 52,217 disturbances in the area. However, the good news is that the crime rate has seen a significant decrease of 14.94% year-over-year. When it comes to specific crimes, the drug crime rate is Average, with an illegal substances offences rating of 229.49, while property crimes are Above Average, with a rating of 5,020.27. Notably, the violent crime rate is Below Average, with a rate of 1,311.69.

Lifestyle and Amenities:

This neighborhood is a commuter's dream, with the Westbound W King Edward Ave @ Columbia St bus station just 0.06 km away from your new home. When it comes to lifestyle, you'll find that 52.9% of residents have a university certificate or degree, making this neighborhood High in comparison to other BC areas. The median household income is $86,144, which is Above Average, while the median personal income is $42,394, making this area High compared to the BC average. You'll also appreciate the low unemployment rate of 3.5%.

Demographics and Growth:

The population in this area has seen significant growth, with an increase of 8.8% between 2011 and 2016, making this neighborhood High in comparison to average growth rates. The average family size is 2.9, while 59.3% of families have children, making this area Average. You'll also notice that the average age of the population is 38.7, which is Below Average compared to other BC cities.

Real Estate and Transportation:

The average value of dwellings in this neighborhood is $1,921,715, making this area High compared to other areas in British Columbia. You'll appreciate the high average owner payments of $2,198, while tenants pay an average of $1,416. Notably, 48.9% of the population are renters, making this area High compared to other BC cities. When it comes to transportation, 28.6% of residents use public transport, while 46.6% use cars, and 12.2% use bicycles, making this area a great place to live for commuters.

Language and Culture:

You'll find that 81.4% of the population speaks only English, while 15.8% speak both English and French, making this area Above Average in terms of language diversity. Notably, 2.9% of the population speaks neither English nor French, making this area Above Average compared to other BC cities.

In conclusion, 197 W King Edward Ave Street, Vancouver, BC, MLS listing R3025699, is a fantastic opportunity to own a piece of this vibrant community. With its excellent schools, low crime rates, and high standard of living, this neighborhood has something for everyone. As your trusted realtor, I invite you to explore this property and experience the best of Cambie for yourself.