205 1515 E 5th Ave, Vancouver, BC, MLS^® R3054469

Welcome to 205 1515 E 5th Avenue, a beautiful home located in the heart of Vancouver, BC, proudly listed with MLS^® R3054469. As we take a stroll through this vibrant community, I'm excited to share with you the amazing features and perks that make this neighborhood a fantastic place to call home.

Education

Let's start with the schools. This home is serviced by Grandview Elementary School, conveniently located just 0.07 km away. With a rating of No Rating, Grandview Elementary School is a great option for families looking for a solid education foundation. Just down the road, Vancouver Technical Secondary School is also within reach, standing at 6.66 km. With no rating available, I encourage you to explore this school further.

Families love this area because of the excellent schools and their close proximity to home. Speaking of which, Stratford Hall School, a highly-rated independent school with a 8.7/10 rating, is just 1.01 km away from 205 1515 E 5th Avenue. This school's exceptional education and small class sizes make it a popular choice for families in the area.

Safety and Crime

Now, let's talk about safety. As a concerned parent or homeowner, you'll be pleased to know that the crime rate in this area is Average, with a rate of 7,470.82 incidents per 100,000 population in 2020. According to Statistics Canada, this is a typical urban rate, giving you peace of mind when it comes to the safety of your loved ones. Moreover, the year-over-year change in the total crime rate is a notable -14.94%.

To break it down further, the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The property crime rate is Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. Lastly, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Demographics

Now, let's dive into the demographics of this amazing neighborhood. According to the latest statistics, 39.1% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 13.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income in this area is $50,670, which is Below Average compared to the British Columbia average. However, the median personal income is $31,067, also Below Average compared to the BC average. The percentage of households with a mortgage is 66.8%, which is Above Average.

Lifestyle and Amenities

As we explore this vibrant neighborhood, you'll discover a plethora of lifestyle amenities and attractions. The closest bus station is Southbound Commercial Dr @ E 4th Ave, just 0.24 km away from this home. With a diverse range of public transportation options, getting around Vancouver has never been easier.

This neighborhood is perfect for outdoor enthusiasts, with numerous parks, beaches, and trails within walking distance. For foodies, there are plenty of local restaurants, cafes, and coffee shops serving up delicious cuisine. And for families, there are excellent schools, parks, and playgrounds to keep everyone entertained.

Real Estate Context

Now, let's talk about the real estate context. The average dwelling value in this area is $754,409, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with $1,501 spent on average for a dwelling. Tenants pay an average of $1,008, which is Average compared to other cities.

Community Insights

As we continue to explore this amazing neighborhood, I'd like to share some additional insights. The population density per square kilometer is 9,156, which is High. The average size of families in this area is 2.5, which is Low compared to the whole region. The percentage of families with children is 46%, which is Low. And the percentage of married or living common-law couples is 41.9%, which is also Low.

The average age of the population is 40.7 years, which is Average compared to other BC cities. And did you know that 72.7% of the population in this area are renters, which is High compared to other BC cities and areas?

Getting Around

Last but not least, let's talk about transportation. With 40.8% of the population using public transport, 37.8% using cars, 12.6% using bicycles, and 7.2% walking, this neighborhood is well-connected and easy to navigate.

In conclusion,