1885 87 Nelson St, Vancouver, BC, MLS^® R2999812

Welcome to 1885 87 Nelson Street, a vibrant and sought-after address in the heart of Vancouver's Yaletown neighborhood. As your trusted realtor, I'm excited to share the unique charms and benefits of this community with you.

### Schools

Let's start with the educational institutions that serve this area. Our property is conveniently located near Lord Strathcona Community Elementary School, rated No Rating, which is just a 1.03 km stroll away. This esteemed school is part of the Vancouver School District and offers a comprehensive curriculum for young learners.

Just down the road, you'll find King George Secondary School, another highly-regarded institution with a No Rating, situated 2.28 km from our property. This school provides a supportive environment for students to thrive academically and personally.

For those seeking alternative education options, The Westside School, an independent elementary school, is a mere 0.35 km from our home. With its unique approach to learning, this school is an excellent choice for families seeking a more personalized education.

For secondary education, Lowell High School, an independent secondary school, is an easy 0.5 km away. This esteemed institution offers a rigorous academic program and a diverse range of extracurricular activities.

### Crime

According to the latest crime statistics from Statistics Canada (2020), our neighborhood has experienced an average rate of crime, with 7,470.82 incidents per 100,000 population. This is a typical urban rate, and we're pleased to note that the overall crime rate has decreased by 14.94% compared to previous years.

In terms of specific crime types, the neighborhood surrounding 1885 87 Nelson Street has seen average rates of drug-related offenses (229.49) and property crimes (5,020.27), which is above average. However, the violent crime rate is below average, with 1,311.69 incidents per 100,000 population.

### Demographics

Our community is known for its diverse and educated population. As of 2020, 56.5% of residents in this neighborhood hold a university certificate or degree, which is a high percentage compared to other BC neighborhoods. In contrast, 3.6% of the population has no certificate or degree, which is lower than the average in BC.

The median household income in our area is $78,822, which is above average compared to other British Columbia neighborhoods. The median personal income is $47,376, also higher than the BC average. Furthermore, 70.6% of households in this census subdivision have a mortgage, indicating a high level of home ownership.

### Transit

Convenience is key when it comes to transportation, and our neighborhood has it in spades. The closest bus station, Eastbound Pacific Blvd @ Marinaside Cres, is just 0.07 km away from our property. This means you'll have easy access to Vancouver's extensive public transportation network, making it easy to get around the city without a car.

### Lifestyle Amenities

Our community offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll be spoiled for choice when it comes to entertainment and leisure activities.

### Real Estate Context

The average value of dwellings in our neighborhood is $756,218, which is high compared to other areas in British Columbia. The average owner payments are also high, with owners spending approximately $1,811 per month on their dwellings. Tenants, on the other hand, pay an average of $1,803 per month.

Interestingly, 51.6% of the population in our neighborhood are renters, which is higher compared to other BC cities and areas. This suggests that our community is attractive to a wide range of individuals and families.

### Additional Insights

In terms of population growth, our neighborhood has experienced an above-average rate of 6.7% between 2011 and 2016. This is a testament to the area's desirability and appeal.

The population density in our community is high, with 14,953.4 people per square kilometer. This is due in part to the area's compact size and proximity to amenities.

Family dynamics are also worth noting. The average size of families in our neighborhood is 2.4, which is lower compared to the whole region. However, 36.5% of families in the area have children, which is lower than average.

Finally, the average age of the population in our neighborhood is 37.8, which is below average compared to other BC cities.

In conclusion, 1885 87 Nelson Street is a unique and desirable address in the heart of Vancouver's Yaletown neighborhood. With its excellent schools, average crime rate, diverse and educated population, convenient transportation options, and wide range of lifestyle amenities, this property is an