3088 Discovery St, Vancouver, BC, MLS^® R3008276

Welcome to 3088 Discovery Street, a stunning property located in the heart of Vancouver, BC, listed with MLS #R3008276.

As we walk through the neighborhood, you'll notice the property is serviced by the highly-rated Queen Elizabeth Elementary School, just a 0.3 km stroll away. With a rating of 6.4/10, this school is a popular choice for families in the area. If you're looking for an independent school option, Our Lady of Perpetual Help School, with a perfect 10/10 rating, is just 0.69 km from this beautiful home. For secondary education, West Point Grey Academy, also with a rating of 10/10, is just 0.81 km from the property.

Safety and Security

Let's take a look at the crime statistics for the area. According to the latest data 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 the total crime rate is a notable -14.94%, indicating a decrease in crime over time. Specifically, the neighborhood has an Average rate of drug-related crimes, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the drug crime rate is a relatively small 1.58%. In terms of property crimes, the neighborhood has an Above Average rate, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property crime rate is a significant -20.80%. Lastly, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020. The year-over-year change in the violent crime rate is a modest 3.53%.

Convenience and Amenities

The property is conveniently located near a Bus station, Westbound W 16 Ave @ Discovery St, just 0.14 km away. This makes it easy to get around the city without a car.

Let's talk about the lifestyle and demographics of the area. The neighborhood has a high percentage of residents with a university certificate or degree, at 54.1%, which is High compared to other BC neighborhoods. Conversely, the percentage of residents with no certificate or degree is Low, at 6.7%. In terms of income, the median household income is $98,645, which is High compared to the British Columbia average. The median personal income is $41,280, which is Above Average. Additionally, the percentage of households with a mortgage is Low, at 43.5%.

Unemployment and Growth

The unemployment rate in the area is 5.7%, which is Below Average compared to other province neighborhoods.

In terms of population growth, the neighborhood has experienced a Below Average growth rate of -0.1% between 2011 and 2016. The population density per square kilometer is High, at 4,348.7. The average family size is Above Average, at 3. Average age of the population is Below Average, at 40.2.

Real Estate Context

The average value of dwellings in the area is High, at $3,034,089. The average owner payments are High, at $2,357. Tenants pay a relatively high average of $1,956. The percentage of renters in the area is Above Average, at 27.7%.

Language and Transportation

The percentage of English and French speakers is Above Average, at 15.9%. The percentage of English speakers only is Below Average, at 78.9%. The percentage of Neither English nor French speakers is High, at 5.1%. In terms of transportation, the percentage of residents using Public Transport is High, at 25.6%. The percentage of residents using Cars is Low, at 56.9%. The percentage of residents using Bicycles is High, at 11.9%. The percentage of residents walking is Above Average, at 5.3%.

MLS #R3008276 - A Home to Call Your Own

3088 Discovery Street, Vancouver, BC, MLS #R3008276, is a stunning property in a highly sought-after neighborhood. With its excellent schools, low crime rate, and high standard of living, this home is sure to impress. Contact me, your trusted realtor, to schedule a viewing today!