602 1177 Pacific Blvd, Vancouver, BC, MLS^® R3060065

Welcome to the vibrant community of Yaletown, where the scenic beauty of Vancouver meets the charm of a thriving neighborhood. I'm delighted to introduce you to 602 1177 Pacific Boulevard, a stunning property that boasts an unbeatable location and unparalleled amenities.

As we walk through the neighborhood, you'll notice the proximity of Elsie Roy Elementary School, a highly-rated institution with a 6.1/10 rating, situated just 0.3 km from this beautiful home. This school is a testament to the community's commitment to providing excellent educational opportunities for its residents.

In addition to Elsie Roy Elementary, families will appreciate the access to King George Secondary School, a reputable institution with its own unique charm, located 2.04 km from this property. With a No Rating, King George Secondary School is a great option for those seeking a well-rounded education.

For those seeking an independent education, The Westside School is the closest Elementary school, boasting a No Rating, and located just 0.63 km from this home. For Secondary education, Lowell High School is the closest, with a No Rating, and situated 0.67 km from this property.

Now, let's talk about the safety and security of this neighborhood. According to the latest crime data from Statistics Canada (2020), this area has an average crime rate of 7,470.82 incidents per 100,000 population, which is typical for urban areas. However, it's essential to note that the year-by-year change in the total crime rate is -14.94%, indicating a decrease in crime over time. In comparison to other Canadian cities, this neighborhood has an average rate, making it a great choice for those seeking a safe and secure environment.

Regarding specific types of crime, the property crimes in this neighborhood are above average, with a rating of 5,020.27 incidents per 100,000 population. However, the year-by-year change in this rate is -20.80%, indicating a decrease in property crimes over time. In contrast, the violent crime rate is below average, with a rating of 1,311.69 incidents per 100,000 population, and a year-by-year change of 3.53%, indicating a slight increase in violent crimes.

Now, let's explore the lifestyle and demographic aspects of this neighborhood. With a median household income of $88,789, this area is above average compared to other British Columbia neighborhoods. The median personal income is $47,701, which is also high compared to the provincial average. Additionally, 56.2% of households in this census subdivision have a mortgage, indicating a mix of ownership and rental properties.

The population of this neighborhood is diverse, with 57% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. In contrast, 5.1% of the population has no certificate or degree, which is low compared to the average in BC.

Unemployment rates in this area are low, at 4.5%, which is lower compared to other province neighborhoods. The population change between 2011 and 2016 was 1.9%, which is average compared to the growth rate of this region.

This property is situated in a densely populated area, with a population density of 20,214.4 people per square kilometer, which is high compared to other neighborhoods. The average family size in this area is 2.6, which is low compared to the whole region. However, 48.4% of families in this neighborhood have children, which is below average. Additionally, 57.7% of residents are married or living in common-law relationships, which is average.

In terms of transportation, 22.8% of the population in this area uses public transport, which is above average. In contrast, 45.1% of residents use cars, which is lower compared to other neighborhoods. 2.6% of residents use bicycles, which is above average, and 28.1% of residents walk, which is high.

As we explore this property, you'll appreciate the amenities it offers, including proximity to parks, beaches, trails, and shopping malls. The average value of dwellings in this neighborhood is $1,095,068, which is high compared to other areas in British Columbia. The average owner payments are high, at $1,964, while tenants pay an average of $1,910.

In this community, 44.6% of residents are renters, which is above average compared to other BC cities and areas. The language spoken at home is predominantly English and French, with 10.7% of residents speaking both languages, 86.4% speaking only English, and 0.1% speaking only French. Finally, 2.8% of residents speak neither English nor French, which is above average compared to other BC cities.

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