408 503 W 16th Ave, Vancouver, BC, MLS^® R3070495

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Imagine walking through the vibrant community of Fairview VW, where 408 503 W 16th Avenue is nestled. This beautiful home, with its MLS listing number R3070495, is a gem in this sought-after neighborhood in Vancouver, BC.

As a local resident and realtor, I'm excited to share with you the wonderful amenities and features that make this area special. Let's start with the schools. Edith Cavell Elementary School, located just 0.49 kilometers from this stunning property, boasts a rating of 7.1/10. Families love this area because of the excellent educational institutions, and Edith Cavell Elementary is one of the closest options. If you prefer a private school, Blessed Sacrament School is just 0.31 kilometers away, with a rating of 9.2/10. For secondary education, St. John's International School is 0.73 kilometers from this home, with a notable rating of 9.2/10.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate compared to other Canadian cities, with 7,470.82 incidents per 100,000 population. While there were 52,217 disturbances in this area, the overall crime rate is considered average. To put this into perspective, the year-by-year change in the total crime rate is a reassuring -14.94%. If you're concerned about specific types of crime, you'll be pleased to know that the drug crime rate is also average, with 229.49 incidents per 100,000 population, and a minimal year-by-year change of 1.58%.

In terms of property crimes, the neighborhood surrounding 408 503 W 16th Avenue has a slightly higher than average rate, with 5,020.27 incidents per 100,000 population. However, the year-by-year change is a positive -20.80%. Lastly, the violent crime rate is below average, with 1,311.69 incidents per 100,000 population, and a minimal year-by-year change of 3.53%.

Now, let's explore the community's amenities. The closest bus station is the Westbound W 16 Ave @ Cambie St, located just 0.01 kilometers from this property. This makes it an ideal location for commuters.

When it comes to demographics, this neighborhood is notable for its high percentage of people with a university certificate or degree, at 58.4%, which is higher than the average in BC. Conversely, the percentage of the population with no certificate or degree is 4.5%, which is lower than the average in BC. The median household income in this area is $70,459, which is average compared to other British Columbia neighborhoods. However, the median personal income is $46,750, which is higher than the average in BC.

The unemployment rate in this area is a low 3.6%, making it an attractive location for job seekers. Population growth between 2011 and 2016 was 2.9%, which is above average compared to other neighborhoods in the region. The community is also densely populated, with a population density of 9,603.8 people per square kilometer, which is higher than the average in BC.

Family dynamics in this area are also worth noting. The average family size is 2.5, which is lower than the average in the region. The percentage of families with children is 46.3%, which is lower than the average in BC. Additionally, the percentage of married or living common law couples is 50.6%, which is below average compared to other neighborhoods.

The average age of the population in this area is 43.1 years, which is above average compared to other BC cities. When it comes to housing, the average value of dwellings in this neighborhood is $658,383, which is higher than the average in other areas of British Columbia.

In terms of transportation, 30.5% of the population uses public transport, which is higher than average. Conversely, 40.2% of the population uses cars, which is lower than average. A significant 8.5% of the population uses bicycles, and 19.5% of the population walks, both of which are higher than average.

Lastly, let's talk about the language spoken in this community. English and French speakers make up 14.2% of the population, which is above average. English speakers only account for 83.8% of the population, which is below average. French speakers account for 0.1% of the population, which is low. Neither English nor French speakers make up 1.7%