2 5033 Prince Albert St, Vancouver, BC, MLS^® R3067891

Welcome to the vibrant community surrounding 2 5033 Prince Albert Street, Vancouver, BC, a wonderful place to call home, particularly with the MLS^® R3067891 listing. As we explore this charming neighborhood, let's start with the essential aspect of family life: education.

Just down the road from 2 5033 Prince Albert Street, Vancouver, BC, you'll find Sir Alexander Mackenzie Elementary School, a highly-rated institution with a 5.8/10 rating. This school is conveniently located just 0.56 km away from your new home, making it an excellent choice for families with young children. Another notable educational option nearby is John Oliver Secondary School, which is 0.81 km from the property and boasts a diverse and inclusive learning environment.

As we continue to explore the community, let's talk about safety. According to Statistics Canada's 2020 data, the overall crime rate in this area is 7,470.82, which is classified as Average compared to other Canadian cities. This means that residents can enjoy a relatively safe and peaceful living environment. For instance, the drug crime rate is Average, with an illegal substances offenses rating of 229.49. Additionally, property crimes are Above Average, but the year-over-year change in property misconduct rate is a significant -20.80%.

Now, let's dive into the lifestyle and amenities that make this neighborhood so appealing. The close proximity to Northbound Fraser St @ E 35 Ave bus station (just 0.15 km away) ensures easy access to public transportation, making it convenient for commuters.

In terms of demographics, this area boasts a unique blend of families and professionals. Approximately 28.3% of the population holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. However, 18.1% of the population has no certificate or degree, which is Average compared to the province's average.

The median household income in this area is $74,752, making it Average compared to British Columbia's average. On the other hand, the median personal income is $28,443, which is Below Average. Interestingly, 53% of households in this area have a mortgage, which is Below Average compared to other neighborhoods.

As we explore the community further, let's talk about the local economy. The unemployment rate in this area is 6.1%, which is Below Average compared to other province neighborhoods.

When it comes to population growth, this area has experienced an average growth rate of 0.1% between 2011 and 2016. This is Average compared to the average growth rate of this region. However, the population density per square kilometer is 7,038.9, which is High compared to other areas.

Family dynamics are an essential aspect of any community. In this area, the average family size is 3, which is Above Average compared to the whole region. Approximately 72.2% of families in this area have children, making it a High percentage. Notably, 53.1% of the population is married or living common law, which is Below Average.

The average age of the population in this area is 39.9, which is Below Average compared to other BC cities.

Let's discuss the real estate context of this neighborhood. The average value of dwellings in this area is $1,336,745, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,689 on their dwellings. Tenants, on the other hand, are paying an average of $1,213, which is Above Average.

Interestingly, 40.8% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Language is an essential aspect of any community, and in this area, 6.9% of the population speaks both English and French, making it Average. Meanwhile, 85.6% of the population speaks only English, which is Below Average. Notably, 7.5% of the population speaks neither English nor French, which is High compared to other BC cities.

Lastly, let's talk about transportation in this area. Approximately 33.6% of the population uses public transportation, which is High. On the other hand, 58.6% of the population uses cars, which is Low. Notably, 5% of the population uses bicycles, which is High. Only 2.2% of the population walks, which is Below Average.

As we conclude our tour of the 2 5033 Prince Albert Street, Vancouver, BC neighborhood, it's clear that this area offers a unique blend of safety, education, and lifestyle amenities. With its Average crime rate, diverse educational options, and convenient public transportation, this neighborhood is an attractive choice for families and professionals alike.