758 38 Smithe St, Vancouver, BC, MLS^® R3069531

Welcome to 758 38 Smithe Street, Vancouver, BC - A Gem in the Heart of Downtown

As we step into the vibrant neighborhood of Downtown VW, you'll discover a hidden gem at 758 38 Smithe Street. This exceptional property, listed as MLS^® R3069531, boasts an unbeatable location within walking distance to some of Vancouver's best amenities.

Education at Your Doorstep

758 38 Smithe Street is proudly served by Lord Strathcona Community Elementary School, a highly regarded institution with a rating of No Rating. This school is just 1 km away, making it the perfect option for families with children. Additionally, King George Secondary School, also with a rating of No Rating, is located 2.33 km from the property, ensuring that your child's educational needs are met.

For those seeking alternative education options, The Westside School, an independent elementary school, is a mere 0.3 km away, and Lowell High School, an independent secondary school, is a short 0.47 km from the property.

Safety and Security

According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts an Average crime rate of 7,470.82 incidents per 100,000 population. Compared to other Canadian cities, this is well within the norm. The year-over-year change in the total crime rate is a notable -14.94%, indicating a decrease in crime over time.

Let's take a closer look at the specific crime rates:

• Drug crime rate:

  Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is a modest 1.58%.

• Property crimes:

  Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is a significant -20.80%.

• Violent crimes:

  Below Average, with a rate of 1,311.69 and 9,168 incidents in 2020. The year-over-year change in the violent crime rate is a moderate 3.53%.

Convenience and Lifestyle

758 38 Smithe Street offers unparalleled convenience, with the Eastbound Pacific Blvd @ Marinaside Cres bus station just 0.1 km away.

Demographics and Community

The neighborhood surrounding 758 38 Smithe Street is a vibrant and diverse community, with a median household income of $78,822, which is Above Average in comparison to the British Columbia average. The median personal income is a respectable $47,376, also High compared to the BC average. A notable 70.6% of households in this census subdivision have a mortgage, indicating a high level of homeownership.

Unemployment and Growth

The unemployment rate in this area is a low 5.5%, making it an attractive option for those seeking a stable and secure community. The population change between 2011 and 2016 was 6.7%, which is Above Average compared to the average growth rate of this region.

Family and Community Structure

The average size of families in this area is 2.4, which is Low compared to the whole region. A notable 36.5% of families in this neighborhood have children, which is Low. The percentage of married or living common law couples is 52.8%, which is Below Average.

Age and Diversity

The average age of the population in this area is 37.8 years, which is Below Average compared to other BC cities. The neighborhood surrounding 758 38 Smithe Street is a diverse community, with a notable 10.5% of the population speaking both English and French, which is Above Average. A notable 86.7% of the population speaks only English, which is Below Average.

Real Estate and Housing

The average value of dwellings in this neighborhood is a respectable $756,218, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,811 per month. Tenants in the area are also paying a significant $1,803 per month, which is High compared to other cities.

Transportation and Commuting

A notable 51.6% of the population in this area are renters, which is High compared to other BC cities and areas. The neighborhood surrounding 758 38 Smithe Street is a pedestrian-friendly community, with a High percentage of residents walking (38.6%). A notable 2.8% of residents use bicycles, which is Above Average. A significant 37.5% of residents use cars, which is Low compared to other options.

Conclusion

758 38 Smithe Street, Vancouver, BC