5263 Wales St, Vancouver, BC, MLS^® R3064130

Welcome to the vibrant Collingwood VE neighborhood, where the charm of East Vancouver meets the excitement of city living. As we explore this lovely community, let's start with one of the most important aspects of family life: education.

Schools

Just down the road from 5263 Wales Street, MLS^® R3064130, lies G. T. Cunningham Elementary School, one of the top-rated schools in the area. This school boasts a rating of 5.8/10, making it a great choice for families looking for quality education. You'll also find Gladstone Secondary School, with a rating of No Rating, located just 1.48 km from this beautiful home. If you're looking for an independent school option, Corpus Christi School with a rating of 10/10, is just 1.24 km away. And for secondary independent school options, Vancouver Formosa Academy with No Rating, is conveniently located just 0.54 km from this property.

Crime

According to the latest statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is considered Average in comparison to other Canadian cities. However, with a year-by-year change of -14.94%, it's clear that the community is working hard to maintain a safe and secure environment. When it comes to drug crime, the rate is Average, with a rating of 229.49 and 1,604 incidents reported in 2020. Property crimes, however, are a bit higher, with an Above Average rating of 5,020.27 and 35,089 incidents reported in 2020. But don't worry, the violent crime rate is actually Below Average, with 1,311.69 incidents reported in 2020.

Demographics

This neighborhood is home to a diverse population, with 22.5% of residents holding a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. On the other hand, 21.9% of the population has no certificate or degree, also Above Average compared to the average in BC. When it comes to income, the median household income is $65,067, which is Average in comparison to the British Columbia average. However, the median personal income is a bit lower, at $24,461, which is Low compared to the BC average.

Transit

As a resident of 5263 Wales Street, MLS^® R3064130, you'll have easy access to public transportation. The closest bus station, Eastbound Kingsway @ Wales St, is just 0.21 km away, making it a convenient option for commuters.

Lifestyle Amenities

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, and dog parks. You'll also find shopping malls, grocery stores, restaurants, and coffee shops nearby. And with a hospital in the area, you'll have access to quality healthcare services.

Real Estate Context

The average value of dwellings in this neighborhood is $1,364,160, which is High compared to other areas in British Columbia. When it comes to owner payments, the average is Above Average, with owners spending $1,334 per month. Tenants, on the other hand, pay an average of $1,143 per month, also Above Average compared to other cities.

Community Insights

This neighborhood is home to a diverse community, with 43.2% of residents being renters, which is Above Average compared to other BC cities and areas. The population is also relatively young, with an average age of 41.4, which is Average in comparison to other BC cities.

As we wrap up our tour of 5263 Wales Street, MLS^® R3064130, it's clear that this neighborhood offers a unique blend of community spirit, lifestyle amenities, and convenient access to public transportation. Whether you're a first-time buyer or a seasoned homeowner, this property is sure to impress. So why not make it your home today?