406 2508 Fraser St, Vancouver, BC, MLS^® R3063668

Welcome to 406 2508 Fraser Street, a Hidden Gem in Vancouver's Mount Pleasant Neighborhood!

As we walk through the charming streets of Vancouver's Mount Pleasant neighborhood, you'll discover why this vibrant community is a favorite among locals and newcomers alike. Located at 406 2508 Fraser Street, this stunning property boasts an unbeatable location, exceptional schools, and a range of lifestyle amenities that make it the perfect place to call home.

Exceptional Education Options

Just down the road, you'll find Florence Nightingale Elementary School, a highly-rated institution that's an integral part of the community. With a rating of No Rating, this school provides a solid foundation for young minds, and its proximity to our property makes it an ideal choice for families. For secondary education, St. Patrick Regional Secondary School is just a short walk away, offering a well-rounded curriculum and a strong academic environment (No Rating).

Safe and Welcoming Community

The freshest crime data from Statistics Canada (2020) paints a reassuring picture of our neighborhood. With 52,217 violations reported, the overall crime rate near 406 2508 Fraser Street, Vancouver, BC (MLS^® R3063668) is a respectable 7,470.82, placing it squarely in the Average category compared to other Canadian cities. What's more, the year-over-year change in the total crime rate is a notable -14.94%, indicating a trend of decreasing crime in our area.

Thriving Neighborhood with a Strong Economy

According to Statistics Canada, the unemployment rate in our area is a mere 4.7%, which is impressively Low compared to other provinces. The median household income near 406 2508 Fraser Street, Vancouver, BC (MLS^® R3063668) is $70,869, placing it in the Average category, while the median personal income is $33,385, also Average. The percentage of households with a mortgage is 61.5%, which is Average.

Lifestyle Amenities Galore!

This wonderful neighborhood boasts an array of lifestyle amenities that make it a joy to live here. The closest Bus station is Eastbound E Broadway St @ Fraser St, just 0.03 km away from our property (MLS^® R3063668). For outdoor enthusiasts, the nearby parks, beaches, and trails offer endless opportunities for exploration and recreation. Plus, with a range of shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, you'll find everything you need right at your doorstep.

Demographics and Insights

40.6% of residents in our neighborhood have a university certificate or degree, placing us in the High category compared to other BC neighborhoods. In contrast, 12.6% of the population has no certificate or degree, which is Below Average. The unemployment rate is a low 4.7%, and the median household income is $70,869, placing us in the Average category.

Real Estate Context

The average value of dwellings in our neighborhood is a whopping $1,229,536, which is High compared to other areas in British Columbia. Average owner payments are also High, at $1,780, while tenants pay $1,226, which is Above Average.

Population and Housing Insights

53.7% of the population in our neighborhood are renters, which is High compared to other BC cities and areas. The average size of families is 2.8, which is Below Average, while 60% of families have children, placing us in the Average category.

Transportation and Commuting

29.4% of residents in our neighborhood use Public Transport, which is High, while 46.4% use Cars, which is Low. 15.5% of residents use Bicycles, which is High, and 6% walk, which is Above Average.

Investment Potential

With a median household income of $70,869 and a low unemployment rate of 4.7%, this neighborhood offers a solid investment opportunity. Plus, with the average value of dwellings at $1,229,536, there's potential for long-term growth.

Make 406 2508 Fraser Street Your Home Today!

If you're looking for a vibrant, welcoming community with exceptional schools, safe streets, and a thriving economy, look no further than 406 2508 Fraser Street, Vancouver, BC (MLS^® R3063668). Contact me today to schedule a viewing and make this stunning property your home!