1303 938 Smithe St, Vancouver, BC, MLS^® R3067680

Welcome to 1303 938 Smithe Street, a stunning property in the heart of Downtown Vancouver, BC (MLS^® R3067680).

Education

Let's start with the schools. Lord Strathcona Community Elementary School, located just 0.78 km from 1303 938 Smithe Street, offers a supportive learning environment for students. King George Secondary School is also nearby, at 1.26 km, providing a wide range of academic and extracurricular programs. Madrona School, an independent elementary school, is just a short walk away at 0.65 km, offering a unique and personalized education experience. Pattison School, another independent secondary school, is situated a mere 0.11 km from the property, providing students with a smaller class size and a high level of individual attention.

Crime

According to Statistics Canada's 2020 report, the overall crime rate near 1303 938 Smithe Street is 7,470.82, which is Average compared to other Canadian cities. However, the rate has decreased by 14.94% over the years, making this area a safe and stable place to live. It's worth noting that the property crimes in the neighborhood are Above Average, with a rating of 5,020.27, but the number of property misconduct cases has decreased by 20.80% over the years.

Demographics

This neighborhood is a hub of activity, with a diverse population and a high level of educational attainment. According to Statistics Canada, 58.5% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Additionally, the median household income is $65,920, which is Average in comparison to the BC average. However, the median personal income is $42,581, which is High in comparison to the BC average.

Transit

Convenience is key in this neighborhood, with the Southbound Burrard St @ Barclay St bus station located just 0.07 km from 1303 938 Smithe Street. Public transportation is an attractive option, with 18.7% of the population using it, which is Above Average. Additionally, 24.5% of residents use cars, which is Low, and 53.4% walk, which is High.

Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average size of families in the area is 2.2, which is Low in comparison to the whole region. However, 25.3% of families have children, which is Low.

Real Estate Context

The average value of dwellings in this neighborhood is $745,989, which is High compared to other areas in British Columbia. Additionally, the average owner payments are High, with homeowners spending $1,792 on average for their dwelling. Tenants, on the other hand, pay an average of $1,723, which is also High.

Unemployment Rate

The unemployment rate in this area is 4.3%, which is Low in comparison to other province neighborhoods.

Population Growth

This neighborhood has experienced a high level of population growth, with a 13.9% increase between 2011 and 2016, which is High in comparison to average growth rate of this region.

Population Density

The population density per square kilometre in this community is 9,296.6, which is High people per sq.km.

Average Age

The average age of the population close to 1303 938 Smithe Street is 37.3, which is Low in comparison to other BC cities.

Average Value of Dwellings

As mentioned earlier, the average value of dwellings in this neighborhood is $745,989, which is High compared to other areas in British Columbia.

Language

The majority of residents in this neighborhood speak English only, with 87.2% of the population identifying as English speakers only. However, 10.5% of residents speak both English and French, which is Above Average, and 0.1% speak French only, which is Low.

Transportation

The most common modes of transportation in this neighborhood are walking, with 53.4% of residents using this method, which is High. Public transportation is also a popular option, with 18.7% of residents using it, which is Above Average.

In conclusion, 1303 938 Smithe Street, Vancouver, BC (MLS^® R3067680) is a fantastic property located in the heart of Downtown Vancouver. With its excellent schools, safe and