1107 1010 Richards St, Vancouver, BC, MLS^® R3062554

Welcome to 1107 1010 Richards Street, Vancouver, BC, a stunning property nestled in the heart of the vibrant Yaletown neighborhood, listed as MLS^® R3062554.

As we step into this beautiful community, let's start with the schools that serve this area. Lord Strathcona Community Elementary School, located just 0.86 km from this property, has a strong reputation in the neighborhood. Families love this area because of its excellent educational institutions, and Lord Strathcona is no exception. Just down the road, you'll find King George Secondary School, which is also within walking distance at 1.74 km from this property.

For those seeking an independent school experience, The Westside School is the closest elementary option, situated just 0.56 km from this property. Pattison School, the nearest secondary independent school, is also within a short walking distance at 0.44 km from this house.

Now, let's take a look at the crime statistics for this area. According to the latest data from Statistics Canada (2020), the neighborhood surrounding 1107 1010 Richards Street, Vancouver, BC, has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time. When it comes to specific types of crime, the neighborhood has an Average rate of drug-related offenses, with 1,604 incidents reported in 2020.

In terms of property crimes, this neighborhood is classified as Above Average, with a rating of 5,020.27. However, it's worth noting that the year-over-year change in property misconduct rates is -20.80%, showing a significant decrease in property crimes. Violent crimes in this area are Below Average, with a rate of 1,311.69, and a year-over-year change of 3.53%.

Now, let's explore the lifestyle and demographics of this community. The neighborhood surrounding 1107 1010 Richards Street, Vancouver, BC, has a high percentage of residents with a university certificate or degree, at 52%, which is High compared to other BC neighborhoods. On the other hand, 5.5% of the population in this area has no certificate or degree, which is Low compared to the average in BC.

The median household income in this area is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average compared to the BC average. A high percentage of households in this area, 73.7%, have a mortgage, indicating a stable and secure community.

As we look at the transportation options in this area, we find that the closest bus station is Northbound Seymour St @ Nelson St, just 0.13 km away from this property. The neighborhood has a high percentage of residents using public transportation, at 22%, and a high percentage of residents walking, at 45.8%.

In terms of the real estate market, the average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are also High, at $1,621, while tenants are paying $1,478, which is also High compared to other cities.

Finally, let's take a look at the language spoken in this area. The percentage of English and French speakers is 11.4%, which is Above Average, while the percentage of English speakers only is 86.8%, which is Below Average. The percentage of French speakers only is 0.1%, which is Low, and the percentage of Neither English nor French speakers is 1.6%, which is Above Average.

In conclusion, 1107 1010 Richards Street, Vancouver, BC, MLS^® R3062554, is a fantastic property nestled in the heart of the vibrant Yaletown neighborhood. With its excellent schools, low crime rate, and high percentage of residents with a university certificate or degree, this community offers a unique and desirable lifestyle. Whether you're a family, a professional, or an investor, this property is an excellent choice for those seeking a secure and convenient location in the heart of Vancouver.