671 438 W King Edward Ave, Vancouver, BC, MLS^® R3022797

Welcome to 671 438 W King Edward Avenue, a stunning property in the heart of Vancouver, BC!

Education

When it comes to education, this community has plenty to offer. Just down the road from 671 438 W King Edward Avenue, you'll find General Wolfe Elementary School, a highly-rated institution with a rating of No Rating. Although it may not have a formal rating, its reputation speaks for itself. If you're looking for a more independent educational experience, Vancouver Talmud Torah Elementary School is just a short 0.96 km away, with a stellar rating of 9.3/10. For secondary education, St. Patrick Regional Secondary School is approximately 1.62 km from the property, offering a unique blend of academic excellence and community spirit.

Safety and Crime Rates

According to the latest statistics from Statistics Canada (2020), this neighbourhood boasts an average crime rate, with 52,217 incidents reported. This translates to a crime rate of 7,470.82 per 100,000 population, which is Average compared to other Canadian cities. The year-over-year change in crime rate is a significant -14.94%, indicating a stable and secure environment. In terms of specific crime types, drug crime and property crime rates are Average and Above Average, respectively.

Demographics and Lifestyle

This vibrant community is characterized by a diverse population with a high proportion of university-educated individuals (43.1%), making it an ideal location for professionals and families. The median household income is a respectable $89,549, while the median personal income is $37,818. The area is also relatively affordable, with 51.7% of households owning their home, which incidentally is Below Average compared to other BC cities.

Transit and Commuting

Convenience and accessibility are key features of this property, with the King Edward Station @ Bay 3 just 0.09 km away. This makes it an ideal location for those who rely on public transportation or prefer to walk or bike. In fact, 27.7% of the population in this area uses public transport, while 51.1% rely on cars, and 11.5% use bicycles.

Real Estate Context

As for the property itself, the average dwelling value in this neighbourhood is an impressive $1,720,455, making it one of the higher-priced areas in British Columbia. Average owner payments are also High, with owners spending an average of $1,814 per month. Tenants, on the other hand, pay an average of $1,428 per month, which is also High compared to other cities. With 37.9% of the population renting, this area is Above Average in terms of rental demographics.

Community and Amenities

This community offers a unique blend of urban convenience and natural beauty, with nearby parks, beaches, and trails perfect for outdoor enthusiasts. The area is also home to a variety of local shops, restaurants, and cafes, making it an ideal location for those who value community spirit and lifestyle.

In conclusion, 671 438 W King Edward Avenue, Vancouver, BC, MLS^® R3022797, is a stunning property situated in one of Vancouver's most desirable neighbourhoods. With its exceptional education options, safety record, and access to amenities, this property is the perfect choice for families and individuals looking for a vibrant and secure community to call home.