Rarely available TOA Tier 2 development site in the heart of Joyce-Collingwood, one of Vancouver’s fastest-growing transit-oriented communities. This 22,295 sq. ft. lot (166’ x 134’) offers a high-density development potential of up to 4.0 FSR and 12 storeys, making it an exceptional opportunity for investors and developers.
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Property Metrics
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'0 x 15'0 ft |
| Main Level | Kitchen | 12'0 x 12'0 ft |
| Main Level | Dining Room | 11'0 x 11'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Basement Level | Living Room | 10'0 x 10'0 ft |
| Basement Level | Bedroom | 9'0 x 9'0 ft |
| Basement Level | Bedroom | 9'0 x 9'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | No | #3 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to 5187 Ruby Street, a beautiful property located in the heart of Vancouver, BC (MLS® R2973853). As we walk through this stunning community, you'll notice the excellent schools, low crime rates, and high standard of living that make this neighborhood so desirable.
Let's start with the schools. Your children will thrive in the care of Graham Bruce Community Elementary School, which is conveniently located just 0.53 km from this property (MLS® R2973853). With a No Rating, you can be confident that your child will receive a top-notch education. Additionally, Windermere Community Secondary School is nearby, just 1.27 km from this home, and also boasts a No Rating.
But what about independent schools? Families who prioritize a private education will love that St. Mary's School, rated 9.4/10, is just 0.38 km from this property. Alternatively, Vancouver Formosa Academy, with a No Rating, is 1.37 km away, offering another excellent option for your child's education.
Now, let's talk about safety. According to the latest statistics form Statistics Canada (2020), this neighborhood has a crime rate of 7,470.82, which is considered Average compared to other Canadian cities. To put this into perspective, there were 52,217 disturbances in this neighborhood in 2020, representing a -14.94% change from the previous year. When it comes to drug crime, the rate is Average, with 1,604 incidents in 2020 and a 1.58% year-over-year change. Property crimes are slightly higher, with a rate of Above Average and 35,089 incidents in 2020 (-20.80% change). Violent crimes, however, are Below Average, with 9,168 incidents in 2020 (1,311.69 rate).
As for transportation, you'll find the Westbound Vanness Ave @ Melbourne St bus station just 0.13 km from this property (MLS® R2973853), making it easy to get around the city.
Now, let's delve into the demographics of this community. With 22.5% of residents holding a university certificate or degree, this neighborhood is Above Average compared to other BC neighborhoods. Conversely, 20.2% of the population has no certificate or degree, which is Average compared to the rest of British Columbia.
When it comes to income, the median household income in this area is $65,664, which is Average compared to the rest of BC. The median personal income, however, is lower at $26,218, which is considered Low compared to the BC average. A significant portion of households, 58.6%, have a mortgage, which is Average.
In terms of employment, the unemployment rate in this area is 6.2%, which is Below Average compared to other BC neighborhoods.
As for population growth, this community has seen an average change of 1.3% between 2011 and 2016, which is Average compared to the region. The population density in this area is 7,871.4 people per square kilometer, which is High compared to other neighborhoods.
Family dynamics are also worth noting. The average family size in this area is 2.9, which is Average. However, 70.3% of families have children, which is High. Married or living common law couples make up 50.5% of households, which is Below Average.
In terms of age, the average resident in this area is 40.3 years old, which is Average compared to other BC cities.
When it comes to real estate, the average value of dwellings in this neighborhood is $948,352, which is High compared to other areas in British Columbia.
Owner payments are Above Average, with homeowners spending an average of $1,431 on their properties. Tenants, on the other hand, are paying an average of $1,074, which is Average compared to other cities.
Renters make up 34.5% of the population in this area, which is Above Average compared to other BC cities and neighborhoods.
Language-wise, this community is predominantly English-speaking, with 86.9% of residents speaking only English. French speakers make up just 0.1% of the population, which is Low. Interestingly, 43.7% of residents use public transportation, which is High, while 52.5% use cars, which is Low.
In conclusion, 5187 Ruby Street, Vancouver, BC (MLS® R2973853) is an excellent choice for families, professionals, and individuals looking for a safe, convenient, and desirable place to call home. With its excellent schools, low crime rates, and high standard of living, this neighborhood has something for everyone.
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