1202 1003 Burnaby St, Vancouver, BC, MLS^® R3069042

Welcome to 1202 1003 Burnaby Street, Vancouver, BC - MLS^® R3069042

As we walk through the charming West End neighborhood, you'll discover why this vibrant area is a sought-after destination for families and singles alike. Let's start with the local schools, which are a top priority for many of our clients.

Schools

Just a short stroll from 1202 1003 Burnaby Street, you'll find Lord Roberts Annex, a highly-regarded elementary school with a rating of No Rating. This school is conveniently located 0.49 km from our listing, making it an ideal choice for families with young children. King George Secondary School, another esteemed institution, is situated 1.31 km from the property, offering students a world-class education.

For families seeking alternative educational options, the closest elementary independent school is Anchor Point Montessori, located just 0.2 km from 1202 1003 Burnaby Street. This school boasts a unique approach to learning, focusing on self-directed education and hands-on activities. Pattison School, a secondary independent school, is also nearby, with a rating of No Rating and a location just 0.46 km from the property.

Crime

According to the latest statistics from Statistics Canada (2020), this neighborhood boasts an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. Specifically, the rate of property crimes is Above Average, with a rating of 5,020.27. However, the violent crime rate is Below Average, with a rating of 1,311.69. The year-over-year change in crime rates is -14.94% for total crime, -20.80% for property crime, and 3.53% for violent crime.

Demographics

This neighborhood is home to a diverse population, with 44.1% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, 5.7% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income is $49,998, which is Low compared to the British Columbia average. However, the median personal income is $35,277, which is Average compared to the BC average. Interestingly, 66.1% of households in this census subdivision have a mortgage, which is Above Average.

Transit

The closest bus station, Southbound Burrard St @ Burnaby St, is just 0.02 km away from our listing, making it easy to get around the city.

Lifestyle Amenities

The West End is renowned for its vibrant community, with a plethora of parks, beaches, and trails to explore. Some popular spots include:

• Queen Elizabeth Park, a scenic oasis with stunning views of the city
• English Bay Beach, a picturesque spot for swimming, sunbathing, and people-watching
• The Seawall, a scenic walking and cycling path that hugs the coastline

You'll also find a range of shopping and dining options, including:

• Robson Street, a bustling shopping district with everything from high-end boutiques to eclectic eateries
• Denman Street, a vibrant hub of activity with a mix of restaurants, cafes, and shops
• The West End Farmers' Market, a bustling market featuring local produce, artisanal goods, and street food.

Real Estate Context

The average value of dwellings in this neighborhood is $609,583, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending an average of $1,543 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,282 per month, which is also Above Average.

Community

This neighborhood is home to a diverse population, with 78.6% of residents being renters, which is High compared to other BC cities and areas. However, 21.2% of families with children live in the area, which is Low. The average age of the population is 42.5, which is Average compared to other BC cities.

Conclusion

In conclusion, 1202 1003 Burnaby Street, Vancouver, BC - MLS^® R3069042, is a fantastic opportunity to live in a vibrant and diverse neighborhood with access to top-rated schools, excellent public transportation, and a wide range of lifestyle amenities. With its High average value of dwellings and Above Average owner payments, this property is a valuable investment for anyone looking to own a piece of Vancouver's real estate market.