1403 889 Pacific St, Vancouver, BC, MLS^® R3068976

Welcome to 1403 889 Pacific Street, a stunning property in the heart of Downtown Vancouver, BC!

As we walk through the neighborhood, you'll notice the vibrant atmosphere and excellent amenities that make this community a sought-after destination for families and individuals alike.

Education

One of the top priorities for any family is access to quality education, and 1403 889 Pacific Street delivers. The property is conveniently located near Elsie Roy Elementary School, rated 6.1/10, which is just 0.77 km away. In addition, King George Secondary School, rated No Rating, is only 1.55 km from the property. For those seeking an independent education, Anchor Point Montessori (No Rating) is a short 0.08 km away, while Pattison School (No Rating) is 0.67 km from the property.

Crime and Safety

According to the 2020 crime statistics from Statistics Canada, the neighborhood surrounding 1403 889 Pacific Street has an average crime rate, with 52,217 incidents reported. The overall crime rate is 7,470.82 incidents per 100,000 population, which is considered average compared to other Canadian cities. While there were 1,604 illegal substances lawbreaking disturbances in 2020, the drug crime rate is average, and the year-over-year change is 1.58%. Property crimes in the neighborhood are above average, with 35,089 incidents reported in 2020. However, the violent crime rate is below average, with 9,168 incidents reported in 2020.

Demographics and Lifestyle

The neighborhood surrounding 1403 889 Pacific Street is characterized by a diverse population, with 47% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. The median household income is $55,936, which is below average compared to British Columbia. In contrast, the median personal income is $40,817, which is above average. The unemployment rate in the area is 5.9%, which is below average compared to other province neighborhoods.

Transit and Commuting

Convenience is key when it comes to daily commutes, and 1403 889 Pacific Street has it covered. The nearest bus station, Northbound Burrard St @ Pacific St, is just 0.11 km away. With 26% of the population using public transport, this neighborhood is well-connected to the rest of Vancouver.

Lifestyle Amenities

From scenic parks to popular shopping malls, the neighborhood surrounding 1403 889 Pacific Street offers a wide range of lifestyle amenities. Residents can enjoy the beautiful views of the ocean and mountains, take a stroll through the nearby beaches, or explore the many hiking trails in the area. For foodies, there are plenty of restaurants, coffee shops, and grocery stores nearby.

Real Estate Context

As a sought-after property in Downtown Vancouver, 1403 889 Pacific Street offers a unique blend of urban living and natural beauty. The average dwelling value in the neighborhood is $705,201, which is high compared to other areas in British Columbia. The average owner payments are also high, with $1,746 spent on average for the dwelling. Tenants, on the other hand, pay an average of $1,369 per month. With 65.6% of the population renting, this neighborhood is a popular choice for those looking for affordable housing options.

Additional Insights

As we explore the neighborhood surrounding 1403 889 Pacific Street, you'll notice that 12% of the population speaks both English and French, which is above average. However, 86% of the population speaks only English, which is below average. The unemployment rate is 5.9%, which is below average compared to other province neighborhoods. With 26% of the population using public transport, this neighborhood is well-connected to Altamont.

Experience the Best of Vancouver with 1403 889 Pacific Street

As a seasoned realtor with extensive knowledge of the Vancouver market, I can confidently say that 1403 889 Pacific Street offers an unbeatable combination of quality education, safety, and lifestyle amenities. Whether you're a family looking for a convenient and accessible location or an individual seeking a vibrant and diverse community, this property has something for everyone. Don't miss out on this opportunity to experience the best of Vancouver – contact me today to schedule a viewing!