505 150 E Cordova St, Vancouver, BC, MLS^® R3046519

Welcome to 505 150 E Cordova Street, a fantastic property in the heart of Vancouver's Downtown VE neighborhood, listed as MLS^® R3046519. As we explore this charming community, you'll discover a unique blend of urban convenience and natural beauty.

Just down the road, you'll find Lord Strathcona Community Elementary School, rated No Rating, conveniently located 0.99 km from our property. This school is part of the Vancouver School District, which consistently ranks among the top in the province.

In addition to Lord Strathcona Community Elementary School, our home is also serviced by Britannia Community Secondary School, with a rating of No Rating, located 2.27 km away. This school is known for its diverse student body and commitment to academic excellence.

Families will appreciate the proximity to The Westside School, a popular independent elementary school with a No Rating, just 1.06 km from our home. This school is renowned for its personalized approach to education and extracurricular activities.

For secondary education, The Westside School is also close, with Sino Bright School BC being the closest independent secondary school, rated No Rating, located 0.7 km from our property. This school offers a unique blend of Chinese culture and Western education.

Now, let's talk about the safety of our neighborhood. According to the latest crime statistics from Statistics Canada (2020), our community has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means you'll enjoy a relatively safe and peaceful environment, perfect for raising a family or building a life.

The crime statistics also show that the neighborhood around MLS^® R3046519 has a low rate of drug-related offenses, with a rating of 229.49, making it an Average compared to other neighborhoods. There were 1,604 reported incidents in 2020, with a year-over-year change of 1.58%.

Property crimes in our neighborhood are Above Average, with a rating of 5,020.27, resulting in 35,089 reported incidents in 2020. However, the year-over-year change is -20.80%, indicating a decline in property-related offenses.

In terms of violent crimes, our neighborhood has a Below Average rate of 1,311.69, with 9,168 reported incidents in 2020. This is a positive indicator of our community's safety and low crime rate.

As we explore the neighborhood around MLS^® R3046519, you'll find that it's well-connected to public transportation. The closest bus station is Eastbound E Cordova St @ Main St, just 0.04 km away from our property.

Now, let's delve into the demographics of our neighborhood. With 33.2% of residents holding a university certificate or degree, our community is considered High compared to other BC neighborhoods. Conversely, 12.7% of the population in this area have no certificate or degree, making it Below Average compared to the average in BC.

The median household income around our property is $27,258, which is Low compared to the British Columbia average. Similarly, the median personal income is $23,115, also Low compared to the BC average. However, the percentage of households with a mortgage is a high 85.8%, indicating a strong commitment to homeownership in our community.

Unemployment rates in our area are Above Average at 10.1%, which may be a consideration for some homebuyers. However, this rate is still relatively low compared to other provinces.

The population growth in our neighborhood between 2011 and 2016 was 18.5%, which is High compared to the average growth rate of this region. This indicates a dynamic and growing community.

Population density in our area is High at 12,567.4 people per square kilometer, making it one of the most densely populated neighborhoods in Vancouver.

Family dynamics in our community are also worth noting. The average family size is 2.2, which is Low compared to the whole region. The percentage of families with children is 25.7%, also Low, and the percentage of married or living common law couples is 24.4%, also Low.

The average age of the population in our area is 45.4, which is Above Average compared to other BC cities. This indicates a mature and established community with a strong sense of stability.

In terms of housing, the average value of dwellings in our neighborhood is $644,599, which is High compared to other areas in British Columbia.

Homeowners in our area pay an average of $1,867 per month in mortgage payments, which is High. Tenants, on the other hand, pay an average of $914 per month, which is Below Average compared to other cities.

A significant percentage of the population in our neighborhood are renters, with 76.8