564 Wallace St, Hope, BC, MLS^® R3059436

Welcome to 564 Wallace Street, a Hidden Gem in Hope, BC

As we walk through the beautiful streets of Hope, BC, you'll discover why this community is a favorite among families and nature lovers alike. Let's start with the essential amenities that make this home a great choice.

Education

For families with kids, education is top priority. The closest elementary independent school to 564 Wallace Street is Seabird Island Community School, rated No Rating, located a comfortable 25.73 km away from this home. For secondary education, you'll find Seabird Island Community School, also rated No Rating, within the same distance. Families love this area because of its strong focus on community values and education.

Safety

According to Statistics Canada's 2020 report, the neighbourhood around 564 Wallace Street, Hope, BC, has a relatively high overall crime rate of 22,076.60 incidents 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-by-year change in total crime rate is -8.03%. As a local realtor, I can assure you that this area is generally considered safe, with a low risk of violent crimes.

Demographics

The demographics of this area are quite interesting. With 10.4% of the population holding a university certificate or degree, this is below average compared to other BC neighbourhoods. However, 23.6% of the population has no certificate or degree, which is above average. The median household income near this dwelling is $51,226, which is below average compared to British Columbia. This is an excellent opportunity for families or first-time homebuyers looking for a more affordable option.

Lifestyle and Amenities

Now, let's talk about the lifestyle and amenities that make this area so special. The closest bus station is just 0.15 km away, making it an excellent choice for commuters or those who prefer not to drive. You'll also find a variety of parks, beaches, and trails nearby, perfect for outdoor enthusiasts. For shopping and dining, you'll have access to several local stores, restaurants, and coffee shops.

Real Estate Context

As for the real estate context, the average value of dwellings in this neighbourhood is $299,676, which is below average compared to other areas in British Columbia. The average owner payments are low, with owners spending an average of $870 per month. Tenants are also paying a relatively low average of $848 per month.

Community Insights

According to the latest data, 24.7% of the population in this area are renters, which is average compared to other BC cities and areas. The population density per square kilometre is 151, which is below average. The average age of the population is 49.3, which is high compared to other BC cities.

Language and Transportation

In terms of language, you'll find that 96% of the population speaks English only, which is high. On the other hand, 0.1% of the population speaks French only, and 0.2% speaks neither English nor French. When it comes to transportation, 84.8% of the population uses cars, which is average. 1.3% of the population uses bicycles, and 10.6% of the population walks, which is high.

Conclusion

As we conclude our tour of 564 Wallace Street, Hope, BC, MLS^® R3059436, I hope you've fallen in love with this charming community. From its strong education system to its beautiful parks and trails, this area has something for everyone. Whether you're a family, a first-time homebuyer, or simply looking for a peaceful retreat, this home is an excellent choice.