7511 Main St, Vancouver, BC, MLS^® R3070618

Welcome to 7511 Main Street, Vancouver, BC - MLS^® R3070618

As we walk through the charming streets of South Vancouver, you'll discover why this neighborhood is a sought-after destination for families and individuals alike. Located at 7511 Main Street, this beautiful property is not only convenient but also nestled in a vibrant community that offers endless opportunities for growth and exploration.

Schools

Just down the road, you'll find J.W. Sexsmith Community Elementary School, a highly-rated institution that's just a 0.58 km stroll from our property. With a No Rating, this school has earned a reputation for providing exceptional education and fostering a strong sense of community among its students and families. Our home is also serviced by Sir Winston Churchill Secondary School, a 1.73 km walk away, offering students access to a wide range of academic and extracurricular programs.

For families who prefer a more independent educational experience, St. Andrew's Elementary School is just a 1.28 km walk from our property, offering a No Rating and a unique learning environment. Similarly, Royal Canadian College, a secondary independent school with a No Rating, is a 1.57 km drive away, providing students with a distinct educational experience.

Safety

According to the latest crime statistics from Statistics Canada (2020), our neighborhood is considered Average in terms of overall crime rate, with 7,470.82 incidents per 100,000 population. While there were 52,217 volation disturbances in the area, the overall crime rate near our property at 7511 Main Street, Vancouver, BC is reassuringly low. Compared to other Canadian cities, our neighborhood's crime rate is Average, with a year-by-year change of -14.94%. When it comes to drug-related crimes, our neighborhood is also Average, with an illegal substances offenses rating of 229.49 and a year-by-year change of 1.58%.

Property crimes in our neighborhood are Above Average, but with a property misconduct rating of 5,020.27 and a year-by-year change of -20.80%, we can feel confident in our community's safety. Violent lawbreaking disorders, however, are Below Average, with a rate of 1,311.69 and a year-by-year change of 3.53%.

Demographics

Our neighborhood is a thriving community with a diverse population. According to the latest census data, 36.9% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 12.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income near our property at 7511 Main Street, Vancouver, BC is $59,026, which is Below Average compared to the British Columbia average. However, the median personal income is $25,196, which is Low compared to the BC average. A significant 47.5% of households in our neighborhood have a mortgage, which is Low compared to other neighborhoods.

Lifestyle Amenities

Our neighborhood offers an array of lifestyle amenities that cater to diverse interests and preferences. The closest bus station, Southbound Main St @ E 59 Ave, is just 0.02 km away from our property, making it easy to explore Vancouver's vibrant culture, entertainment, and shopping scenes.

For outdoor enthusiasts, our neighborhood is surrounded by parks, beaches, and trails that offer endless opportunities for hiking, biking, and other recreational activities. Dog owners will appreciate the nearby dog parks, while foodies will delight in the variety of restaurants, cafes, and coffee shops nearby.

Real Estate Context

Our property at 7511 Main Street, Vancouver, BC is situated in a desirable neighborhood with a high average dwelling value of $1,474,672, which is High compared to other areas in British Columbia. The average owner payments in our neighborhood are Above Average, with owners spending an average of $1,441 per month. Tenants, on the other hand, pay an average of $1,368 per month, which is High compared to other cities.

A significant 42.1% of the population in our neighborhood are renters, which is Above Average compared to other BC cities and areas. The majority of residents (86%) speak only English, while 4.7% speak both English and French, and 9.2% speak neither language.

Commuting

Our neighborhood is conveniently located near major highways and public transportation routes, making it easy to commute to work, school, or other destinations. 35.5% of residents use public transport, which is High, while 58.3% use cars, which is Low. 3% of residents use bicycles, which is Above Average, and 2.7% walk, which is Below Average.

Investment Potential

With a