51 870 W 7th Ave, Vancouver, BC, MLS^® R3067221

Welcome to 51 870 W 7th Avenue, a vibrant community in Vancouver, BC!

As a seasoned realtor, I'm thrilled to guide you through the neighborhood, highlighting its unique features and advantages. Located at 51 870 W 7th Avenue, this property is a gem in the heart of Vancouver.

Education

Kitsilano Secondary School, a highly regarded institution, is just a 3 km stone's throw away from this property. Students can also attend False Creek Elementary School, conveniently located 0.36 km from the property. Families love this area because of its excellent education system, with a rating of No Rating for Kitsilano Secondary School and No Rating for False Creek Elementary School. For those seeking an independent school experience, Blessed Sacrament School is nearby, boasting a rating of 9.2/10, and St. John's International, with a rating of No Rating, are both within a 0.78 km radius.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an Average overall crime rate of 7,470.82 per 100,000 population. Compared to other Canadian cities, this rate is Average. Year by year, the crime rate has decreased by 14.94%. Specifically, the crime rate near MLS listing R3067221 is Average, with a rating of 229.49 for illegal substances offenses, and Above Average for property crimes, with a rating of 5,020.27.

Demographics

Demographically, this community is a vibrant melting pot. A staggering 58.9% of residents hold a university certificate or degree, making it a highly educated neighborhood. In contrast, only 2.8% have no certificate or degree, making it a Low percentage compared to the average in BC. The median household income is $89,971, which is Above Average in comparison to other BC neighborhoods. Furthermore, 72.3% of households in this area have a mortgage, which is High. Unemployment rates are also Low, at 4.2%.

Lifestyle Amenities

This neighborhood is a haven for outdoor enthusiasts, with several parks, beaches, and trails nearby. The closest bus station, Westbound W Broadway @ Willow St, is a mere 0.17 km away from the property. Residents can also access shopping malls, grocery stores, restaurants, and coffee shops within walking distance. The property's proximity to Vancouver's vibrant downtown area makes it an ideal location for those who want to experience the best of city living.

Real Estate Context

The average value of dwellings in this neighborhood is $814,643, which is High compared to other areas in British Columbia. The average owner payments are also High, with $1,860 spent on average for each dwelling. Tenants, on the other hand, pay an average of $1,709 per month, which is also High. A notable 45.7% of the population in this district are renters, making it Above Average compared to other BC cities and areas.

Transportation

The neighborhood is well-connected, with 27.5% of the population using Public Transport, which is High. 44.2% of residents use Cars, which is Low, while 6.7% use Bicycles, making it High, and 20.4% walk, also making it High.

MLS Listing R3067221

In conclusion, 51 870 W 7th Avenue is a fantastic location for those seeking a vibrant, safe, and connected community. With its excellent education system, diverse demographics, and abundance of lifestyle amenities, this property is a gem in the heart of Vancouver. If you're looking for a home that offers the best of city living, look no further than MLS listing R3067221.

Insider tip: This neighborhood has experienced a High population growth rate between 2011 and 2016, making it an exciting place to live and invest in the future. Don't miss out on this opportunity to own a piece of Vancouver's vibrant real estate landscape. Contact me today to schedule a viewing and make your dream a reality!