312 503 W 16th Ave, Vancouver, BC, MLS^® R3043849

Welcome to this charming neighborhood in Fairview VW, where you'll find a perfect blend of community spirit and urban convenience. I'm delighted to share with you the highlights of this wonderful area, starting with the schools.

Just down the road, you'll find Edith Cavell Elementary School, a highly-rated institution with a 7.1/10 rating. This school is just 0.5 km away from 312 503 W 16th Avenue, making it an excellent choice for families. If you're looking for an alternative, Blessed Sacrament School is a short 0.34 km away, boasting a remarkable 9.2/10 rating. For secondary education, St. John's International School is just 0.72 km away, offering a unique international learning experience.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82, which is in line with other Canadian cities. However, it's worth noting that this area has seen a 14.94% decrease in crime rates over the past year. Furthermore, the rate of drug-related crimes is average, with a rating of 229.49, and a year-over-year change of 1.58%.

When it comes to property crimes, this neighborhood has an above-average rate, with a rating of 5,020.27. However, it's reassuring to know that the year-over-year change is a positive 20.80%. On the other hand, the rate of violent crimes is below average, with a rating of 1,311.69, and a year-over-year change of 3.53%.

As you explore this neighborhood, you'll find that it's well-connected to public transportation. The closest bus station, Westbound W 16 Ave @ Cambie St, is just 0.03 km away from 312 503 W 16th Avenue, making it easy to get around without a car.

Now, let's dive into the demographics of this area. With 58.4% of residents holding a university certificate or degree, this neighborhood is considered high in terms of educational attainment compared to other BC neighborhoods. On the other hand, 4.5% of the population has no certificate or degree, which is lower than the average in BC.

In terms of income, the median household income in this area is $70,459, which is average compared to other BC neighborhoods. However, the median personal income is a respectable $46,750, which is higher than the BC average. Interestingly, 54.7% of households in this area have a mortgage, which is below average.

When it comes to employment, the unemployment rate in this area is a low 3.6%, which is lower than other neighborhoods in the province.

This neighborhood has seen a population growth of 2.9% between 2011 and 2016, which is above average for this region. With a population density of 9,603.8 people per square kilometer, this area is considered high-density.

The average family size in this area is 2.5, which is lower than the average for this region. However, 46.3% of families in this area have children, which is lower than average. Interestingly, 50.6% of residents in this area are married or living common law, which is below average.

The average age of the population in this area is 43.1, which is above average for this region. When it comes to housing, the average value of dwellings in this area is a respectable $658,383, which is higher than other areas in British Columbia.

In terms of housing costs, owners in this area spend an average of $1,458 per month, which is above average. Tenants in this area pay an average of $1,354 per month, which is higher than other cities.

As you might expect, 50.3% of the population in this area are renters, which is higher than other BC cities and areas.

Finally, let's look at language proficiency in this area. With 14.2% of residents speaking both English and French, this area is above average in terms of language diversity. However, 83.8% of residents speak only English, which is below average. Interestingly, 0.1% of residents speak only French, which is lower than average.