2529 Franklin St, Vancouver, BC, MLS^® R3068313

Welcome to 2529 Franklin Street, a captivating property located in the heart of Vancouver, BC, proudly listed as MLS^® R3068313. As we embark on this virtual tour, I'm excited to share with you the unique characteristics of this neighborhood, from its exceptional schools to its thriving community.

First, let's talk about the educational institutions that make this area shine. The property is serviced by Hastings Community Elementary School, a highly-rated institution with a 6.1/10 rating, located conveniently at a distance of 0.21 km. This school is a testament to the community's commitment to education, and families will appreciate the quality of education their children will receive. Just down the road, you'll find Templeton Secondary School, also within a 0.62 km radius, with its own set of impressive academic offerings.

In addition to these public schools, the area is also home to PALS Autism School, an independent elementary and secondary school that provides a unique and supportive learning environment for students. With its No Rating, this school is a hidden gem that offers a specialized approach to education, making it an attractive option for families seeking a tailored educational experience.

Now, let's discuss the crime statistics in the area. According to the latest data from Statistics Canada (2020), the neighborhood surrounding 2529 Franklin Street, Vancouver, BC, has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means that residents can enjoy a relatively safe and peaceful living environment. Furthermore, the year-over-year change in the total crime rate is -14.94%, indicating a decline in criminal activity in the area.

Breaking down the crime statistics further, we find that the drug crime rate is Average, with a rating of 229.49, and 1,604 illegal substances lawbreaking disturbances in the city in 2020. The property crime rate is Above Average, with a rating of 5,020.27, and 35,089 property misconduct incidents in the neighborhood in 2020. On the other hand, the violent crime rate is Below Average, with a rating of 1,311.69, and 9,168 violent lawbreaking disorders in 2020.

Now, let's explore the demographics of the area. A significant 28.8% of the population in this neighborhood holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. In contrast, 17% of the population has no certificate or degree, which is Average compared to the average in BC. This suggests a well-educated and skilled community that values knowledge and learning.

In terms of income, the median household income in the area is $55,698, which is Below Average compared to the British Columbia average. The median personal income is also Below Average at $30,121. However, the percentage of households with a mortgage is 63.3%, which is Above Average. This indicates that many residents in the area are homeowners and have invested in the community.

The unemployment rate in the area is 5.8%, which is Below Average compared to other province neighborhoods. This suggests a relatively stable and secure economic environment. Furthermore, the population change between 2011 and 2016 was 5.4%, which is Above Average in comparison to the average growth rate of the region.

As we delve deeper into the community, we find a high population density of 6,720.1 people per square kilometer, which is High compared to other areas. The average size of families in the area is 2.7, which is Below Average compared to the whole region. However, the percentage of families with children is 54.9%, which is Average. The percentage of married or living common law couples is 44.1%, which is Low.

The average age of the population in the area is 40.2, which is Below Average compared to other BC cities. This suggests a relatively young and dynamic community. As we look at the transportation options, we find that 32.8% of the population uses public transport, which is High. In contrast, 47% of the population uses cars, which is Low. 12.6% of the population uses bicycles, which is High, and 6.8% of the population walks, which is Above Average.

Finally, let's discuss the real estate context. The average value of dwellings in the area is $829,038, which is High compared to other areas in British Columbia. This suggests a relatively affluent and desirable community. The average owner payments are Above Average in the area, with an average of $1,532 spent by homeowners. Tenants in the area pay an average of $1,044, which is Average compared to other cities.

In conclusion, 2529 Franklin Street, Vancouver, BC, MLS^® R3068313, is a unique property