1201 1050 Burrard St, Vancouver, BC, MLS^® R3055424

Welcome to 1201 1050 Burrard Street, Vancouver, BC - MLS# R3055424

As we walk through the vibrant Downtown VW neighborhood, you'll notice the perfect blend of urban convenience and community charm. This property, listed as MLS# R3055424, is a fantastic opportunity to experience the best of Vancouver living.

Education

Families will love the proximity to top-rated schools. Lord Strathcona Community Elementary School, located just 1.03 km from 1201 1050 Burrard Street, is a highly-regarded institution with a strong focus on community values. King George Secondary School, another nearby option, is just 1.25 km away and offers a comprehensive education for students. For those seeking an alternative education, Anchor Point Montessori and Pattison School are also nearby, offering a range of programs and philosophies.

Safety

According to the latest crime statistics from Statistics Canada (2020), the area surrounding 1201 1050 Burrard Street, Vancouver, BC has an average crime rate of 7,470.82, which is comparable to other Canadian cities. While there were 52,217 reported disturbances, the year-over-year change in the total crime rate is a notable -14.94%. Property crimes in the neighborhood are above average, with a rating of 5,020.27, but the violent crime rate is below average at 1,311.69.

Demographics

This vibrant neighborhood is home to a diverse population, with 52% of residents holding a university certificate or degree - a high percentage compared to other BC neighborhoods. The median household income is $62,771, which is below average for British Columbia, but the median personal income of $41,842 is above average. Interestingly, 73.7% of households in the area have a mortgage, indicating a strong focus on homeownership.

Transit

Convenience is key in this neighborhood, with the Northbound Burrard St @ Comox St bus station just 0.07 km away from 1201 1050 Burrard Street. Public transportation is a popular choice, with 22% of the population using it to get around.

Lifestyle Amenities

Downtown VW offers an array of lifestyle amenities, including parks, beaches, and trails. Residents can enjoy a variety of shopping options, grocery stores, restaurants, and coffee shops, making it an ideal location for those who value convenience and community.

Real Estate Context

The average value of dwellings in the area is $651,930, which is high compared to other areas in British Columbia. Average owner payments are also high, with $1,621 spent on average for dwellings. Tenants, on the other hand, pay $1,478 on average, which is also high. Interestingly, 58% of the population in the district are renters, which is high compared to other BC cities and areas.

Community

As we explore the neighborhood, you'll notice a strong sense of community. The average age of the population is 38.8, which is below average for other BC cities. The average family size is 2.3, which is low, and 27.3% of families have children, which is also low. However, 40.6% of residents are married or living common law, which is a positive indicator of community stability.

Conclusion

1201 1050 Burrard Street, Vancouver, BC (MLS# R3055424) is a fantastic opportunity to experience the best of Vancouver living. With its proximity to top-rated schools, vibrant community, and convenient location, this property is sure to appeal to families, professionals, and anyone looking for a dynamic lifestyle.