507 125 Milross Ave, Vancouver, BC, MLS^® R3056085

Welcome to 507 125 Milross Avenue, Vancouver, BC

As a seasoned realtor, I'm delighted to introduce you to this lovely property, listed as MLS^® R3056085. Let me guide you through the community, highlighting its best features and what makes this area so special.

Schools

Families love this area because of its excellent schools. Currently, the property is serviced by Lord Strathcona Community Elementary School, which is just 1.22 km away. This school has a rating of No Rating, but its proximity and reputation make it a great choice for families. Additionally, the home is also close to Britannia Community Secondary School, located 2.26 km away, with a rating of No Rating. For those seeking independent schools, The Westside School is the closest elementary option, just 0.86 km away, and Columbia College is the closest secondary independent school, located 0.71 km from this property.

Safety

We're proud to report that the crime rate near 507 125 Milross Avenue, Vancouver, BC is Average compared to other Canadian cities, with a rate of 7,470.82 incidents per 100,000 population. According to Statistics Canada's 2020 report, the neighbourhood has seen a -14.94% year-over-year change in crime rates. When it comes to illegal substances offences, the rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. Property crimes are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, violent crime rates are Below Average, with a rate of 1,311.69 and 9,168 incidents in 2020.

Community

This neighbourhood is a vibrant and diverse community, with 56.5% of residents holding a university certificate or degree, making it High compared to other BC neighbourhoods. The median household income is $78,822, which is Above Average in comparison to the British Columbia average. The median personal income is $47,376, which is High compared to the BC average. Interestingly, 70.6% of households in this area have a mortgage, making it a popular choice for homebuyers.

Lifestyle

The area around 507 125 Milross Avenue, Vancouver, BC is a hub for outdoor enthusiasts, with several parks and beaches nearby. The property is located in the Downtown VE area, where the population change between 2011 and 2016 was 6.7%, which is Above Average compared to the average growth rate of this region. The population density per square kilometre is 14,953.4, making it a bustling and vibrant community.

Real Estate Context

The average size of families in this area is 2.4, making it a Low number compared to the whole region. However, the percentage of families with children is 36.5%, which is Low. The average age of the population is 37.8, making it Below Average compared to other BC cities. The average value of dwellings in this neighbourhood is $756,218, making it High compared to other areas in British Columbia.

Transportation

The property is conveniently located near public transportation, with the Northbound Quebec St @ National Ave bus station just 0.12 km away. According to Statistics Canada's 2020 report, 19.2% of the population in this area uses public transport, which is Above Average. Meanwhile, 37.5% of the population uses cars, which is Low. Interestingly, 2.8% of the population uses bicycles, making it Above Average, and 38.6% of the population walks, which is High.

In conclusion, 507 125 Milross Avenue, Vancouver, BC, MLS^® R3056085, is a wonderful property in a vibrant and diverse community. With its excellent schools, Average crime rates, and High median household income, this area is a great choice for families and individuals alike.