2004 885 Cambie St, Vancouver, BC, MLS^® R3062839

Welcome to 2004 885 Cambie Street, Vancouver, BC - MLS^® R3062839

As I walk you through the charming neighborhood surrounding this beautiful property, you'll get a sense of the perfect blend of amenities, lifestyle, and location that makes this home a standout in the Vancouver market.

Education

One of the top priorities for families is access to quality education. Fortunately, the property at 2004 885 Cambie Street is serviced by Lord Strathcona Community Elementary School, a highly rated institution that's just a short 0.75 km stroll away. The school's rating is No Rating, but its proximity and reputation make it a top choice for families in the area.

Additionally, King George Secondary School is just a 2 km walk from the property, offering students a seamless transition from elementary to secondary education. With its No Rating, this school is a great option for students looking for a well-rounded education.

For those seeking independent education options, The Westside School (No Rating) is just a 0.22 km walk from the property, while Lowell High School (No Rating) is a mere 0.23 km away.

Safety and Crime

Vancouver is known for its vibrant and diverse neighborhoods, and the area around 2004 885 Cambie Street is no exception. According to the latest crime statistics from Statistics Canada (2020), the neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in crime rate is a notable -14.94%, indicating a trend towards safer streets.

Looking at specific crime types, the rate for drug-related offenses is Average, with a rating of 229.49. There were 1,604 incidents in 2020, and the year-over-year change in the ranking is 1.58%. Property crimes are Above Average in the neighborhood, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Demographics and Lifestyle

The neighborhood surrounding 2004 885 Cambie Street is a hub of activity, with a diverse population that reflects the best of Vancouver's cosmopolitan vibe. According to the latest census data, 56.5% of residents in the area have a university certificate or degree, which is High compared to other BC neighborhoods.

The median household income in the area is $78,822, which is Above Average in comparison to the British Columbia average. The median personal income is $47,376, which is also High compared to the BC average. A whopping 70.6% of households in the area have a mortgage, indicating a strong sense of community and stability.

Transit and Commuting

Getting around Vancouver is a breeze, thanks to the excellent public transit system. The closest bus station, Southbound Cambie St @ Robson St, is just 0.1 km away from the property, making it an easy commute for residents.

According to the latest census data, 19.2% of the population in the area uses public transport, which is Above Average. 37.5% of residents use cars, which is Low compared to other neighborhoods. 2.8% of residents use bicycles, which is Above Average, and 38.6% walk, which is High.

Real Estate and Community

The property at 2004 885 Cambie Street is a rare gem in the Vancouver market, with an average value of dwellings in the area reaching $756,218 - High compared to other British Columbia areas. Average owner payments are also High, at $1,811 per month, while tenants pay an average of $1,803 per month.

Interestingly, 51.6% of the population in the area are renters, which is High compared to other BC cities. The neighborhood is a diverse and vibrant community, with 10.5% of residents speaking both English and French, and 86.7% speaking only English. The percentage of French speakers is 0.1%, and neither English nor French speakers make up 2.6% of the population.

Unemployment and Growth

The unemployment rate in the area around 2004 885 Cambie Street is a low 5.5%, which is Low compared to other province neighborhoods. The population change between 2011 and 2016 was 6.7%, which is Above Average in comparison to average growth rate of this region.

Families and Age

The average size of families in the area is 2.4, which is Low compared to the whole region. 36.5% of families have children, which is Low, and 52.8% of residents are married or living common law, which is Below Average.

Conclusion

In conclusion, the