711 108 E 1st Ave, Vancouver, BC, MLS^® R3068455

Welcome to 711 108 E 1st Avenue, Vancouver, BC, a vibrant neighborhood with a rich history and a thriving community. This stunning property, listed as MLS^® R3068455, is a perfect blend of urban convenience and natural beauty.

Education

Just down the road from this beautiful home, you'll find Simon Fraser Elementary School, rated a respectable 5.9/10. With a distance of just 1.48 km from the property, it's an ideal school for families who value convenience and quality education. If you're looking for an independent option, St. Francis Xavier Elementary School is just 0.63 km away, boasting an impressive 9.8/10 rating. For secondary education, Columbia College is a mere 0.54 km from the property, offering a unique educational experience.

Safety and Crime

When it comes to safety, this neighborhood has a crime rate of 7,470.82, which is Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 violations in the area. While it's essential to note that crime rates can fluctuate, the -14.94% year-by-year change in the total crime rate suggests a downward trend. Additionally, the neighborhood has an Average rating for drug-related offenses, with a rating of 229.49 and a 1.58% year-over-year change.

Demographics

This neighborhood is home to a diverse population, with 58.9% of residents holding a university certificate or degree, making it High compared to other BC neighborhoods. In contrast, 2.8% of residents have no certificate or degree, which is Low compared to the average in BC. The median household income in the area is $89,971, making it Above Average compared to the BC average. Furthermore, the median personal income is $57,280, which is High in comparison to the BC average.

Lifestyle and Amenities

Just a short walk from this property, you'll find the Westbound E 2nd Ave @ Main St bus station, making public transportation convenient. The area is also home to a variety of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. This neighborhood has a population density of 8,935.3 people per square kilometer, making it a vibrant and lively community.

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 owners spending an average of $1,860 on their dwellings. Tenants, on the other hand, are paying an average of $1,709, which is also High compared to other cities.

Additional Insights

This neighborhood is experiencing a high population growth rate, with a 69.4% change between 2011 and 2016, making it a desirable area to live and invest in. The unemployment rate in the area is 4.2%, which is Low compared to other province neighborhoods. The average size of families in the area is 2.4, which is Low compared to the whole region. Additionally, 45.7% of the population are renters, making it Above Average compared to other BC cities and areas.

Conclusion

In conclusion, 711 108 E 1st Avenue, Vancouver, BC, MLS^® R3068455, is a unique opportunity to own a piece of this vibrant neighborhood. With its excellent schools, diverse population, and convenient amenities, it's a perfect blend of urban convenience and natural beauty. Whether you're a first-time buyer, investor, or seasoned homeowner, this property is sure to impress.