3306 1111 Richards St, Vancouver, BC, MLS^® R3060230

Welcome to 3306 1111 Richards Street in Downtown Vancouver

As we walk through the vibrant Downtown Vancouver neighborhood, I'm excited to share with you the unique features of this property. With its prime location and excellent amenities, this home is a perfect blend of urban living and convenience.

Education

For families, education is a top priority. Lord Strathcona Community Elementary School, located just 1.03 km from 3306 1111 Richards Street, boasts a strong reputation and a safe, supportive environment. Your children will thrive in this community, where families appreciate the school's focus on academic excellence and character development. Additionally, King George Secondary School is just a short 1.73 km away, offering students a well-rounded education and a wide range of extracurricular activities.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood is considered average in terms of crime rate, with 7,470.82 incidents per 100,000 population. While there were some incidents of drug-related offenses (229.49 per 100,000 population), property crimes were slightly above average. However, violent crime rates were below average, with only 1,311.69 incidents per 100,000 population.

Demographics

This neighborhood is home to a diverse population, with 52% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. The median household income is $62,771, slightly below the British Columbia average. However, the median personal income is $41,842, above average for the province. Interestingly, 73.7% of households in this area have a mortgage, indicating a strong sense of homeownership.

Transit

Convenience is key when it comes to transportation. The Northbound Seymour St @ Davie St bus station is just 0.11 km away, making it easy to get around the city. In fact, 22% of the population in this area uses public transportation, which is above average. Many residents also choose to walk (45.8%), bike (2%), or drive (28%) to get around.

Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. Residents can enjoy the nearby Queen Elizabeth Park, which features beautiful gardens, walking trails, and a stunning view of the city. For foodies, the area is home to a variety of restaurants, cafes, and bakeries, offering something for every taste and budget.

Real Estate Context

In terms of real estate, the average value of dwellings in this neighborhood is $651,930, which is high compared to other areas in British Columbia. However, the average owner payments are also high, at $1,621 per month. Renters in the area pay an average of $1,478 per month, which is also above average. Interestingly, 58% of the population in this area are renters, which is high compared to other BC cities and areas.

Language and Transportation

The majority of residents in this area speak English only (86.8%), which is below average. However, 11.4% of the population speaks both English and French, which is above average. When it comes to transportation, 22% of the population uses public transportation, 28% drive, and 2% bike, while 45.8% walk.

Additional Insights

This property is located in the heart of Downtown Vancouver, where the population change between 2011 and 2016 was 21.5%, which is high compared to average growth rates in the region. The population density in this area is 31,632.3 people per square kilometer, which is high. The average family size is 2.3, which is low compared to other areas, and the average age of the population is 38.8, which is below average.

Listing Details

This property is listed as MLS# R3060230 and is located at 3306 1111 Richards Street, Vancouver, BC. If you're looking for a convenient, urban lifestyle with access to excellent amenities, this property is definitely worth considering.

I hope this detailed tour of 3306 1111 Richards Street has given you a better understanding of this property and its unique features. If you have any questions or would like to schedule a viewing, please don't hesitate to contact me.