407 2666 Duke St, Vancouver, BC, MLS^® R3071005

Welcome to 407 2666 Duke Street, a vibrant neighborhood in the heart of Vancouver, BC!

As we step into this charming community, you'll notice the bustling energy of the area, with a mix of young families, professionals, and long-time residents calling this place home. Let's take a closer look at what makes 407 2666 Duke Street so special.

Education

Just down the road from this beautiful property (MLS^® R3071005), you'll find John Norquay Elementary School, a highly-rated institution with a 6.6/10 rating. The school is located approximately 0.33 km from the property, making it an ideal choice for families with young children. Additionally, Windermere Community Secondary School is nearby, with a rating of No Rating. For those seeking an independent school education, St. Mary's School is just a short distance away, boasting a impressive 9.4/10 rating.

Safety

When it comes to safety, the data suggests that this neighborhood is average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 violent disturbances in the area, resulting in a crime rate of 7,470.82 per 100,000 population. While this may seem concerning, it's essential to note that crime rates can fluctuate over time. In this case, the year-over-year change in the total crime rate is -14.94%, indicating a slight decrease in overall crime.

Demographics

Let's take a look at the demographics of this lovely neighborhood. As of the last census, 20.5% of residents held a university certificate or degree, which is average compared to other BC neighborhoods. Conversely, 23.4% of the population had no certificate or degree, which is above average. The median household income is $63,936, which is average compared to the British Columbia average. Notably, the median personal income is $23,603, which is lower than the BC average.

Lifestyle Amenities

This neighborhood is surrounded by an array of lifestyle amenities, making it an ideal choice for those who value convenience and accessibility. Just a short distance away, you'll find the Eastbound Kingsway @ Wales St bus station, making public transportation a breeze. Additionally, the neighborhood is close to various parks, beaches, and trails, perfect for outdoor enthusiasts. You'll also find a range of shopping centers, grocery stores, restaurants, and coffee shops within walking distance.

Real Estate Context

The real estate market in this area is thriving, with an average dwelling value of $1,072,698. This is higher than the average value in other areas of British Columbia. As for ownership, 54.2% of households in the area have a mortgage, which is below average. The average owner payment is $1,437, while tenants pay an average of $1,077, which is average compared to other cities.

Community

This neighborhood is a diverse and vibrant community, with a mix of young families, professionals, and long-time residents. The average family size is 3, which is above average compared to the whole region. Notably, 73.4% of families in the area have children, making it an excellent choice for families. However, the percentage of married or living common law is lower than average, at 48.7%.

Amenities and Services

In terms of amenities and services, the neighborhood offers a range of options, including public transportation, parks, beaches, trails, shopping centers, grocery stores, restaurants, coffee shops, and hospitals. The population density per square kilometer is 7,761.3, which is high. The average age of the population is 40.9, which is average compared to other BC cities.

Unemployment and Growth

The unemployment rate in the area is 7.3%, which is average compared to other province neighborhoods. The population change between 2011 and 2016 was 1.6%, which is average compared to the average growth rate of the region.

Transportation

When it comes to transportation, the neighborhood offers a range of options, including public transportation, cars, bicycles, and walking. 37.9% of the population uses public transportation, which is high. Conversely, 56.9% of residents use cars, which is low. 1.1% of residents use bicycles, which is average, and 3.1% of residents walk, which is below average.

Language

The primary language spoken in the area is English, with 81.6% of residents speaking only English. However, 15% of residents speak neither English nor French, which is high compared to other BC cities.

Conclusion

In conclusion, 407 2666 Duke Street is a vibrant and diverse neighborhood in the heart of Vancouver