1532 938 Smithe St, Vancouver, BC, MLS^® R3068620

Welcome to the vibrant Downtown VW neighborhood, where urban living meets convenience and style. Located at 1532 938 Smithe Street, Vancouver, BC, this stunning property boasts an MLS listing number of R3068620.

Education

As a parent, you'll be pleased to know that this area is served by the highly-rated Lord Strathcona Community Elementary School, just a short 0.78 km walk away. Lord Strathcona Community Elementary School has a rating of No Rating, but families love this area because of its strong sense of community and excellent educational opportunities. Additionally, King George Secondary School is nearby, located 1.26 km from the property.

For those seeking alternative educational options, the closest Elementary independent school to this home is Madrona School, with a rating of No Rating, located just 0.65 km away. For secondary education, Pattison School is the closest independent school, with a rating of No Rating, situated a mere 0.11 km from this address.

Safety

According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 1532 938 Smithe Street, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This indicates a relatively safe environment for residents. The crime rate has seen a year-over-year decrease of -14.94%.

Breaking down the crime statistics, we see that the drug crime rate is Average, with a rating of 229.49, and 1,604 related disturbances in 2020. The year-over-year change in this rating is 1.58%. Property crimes are Above Average, with a rating of 5,020.27, and 35,089 related incidents in 2020. The year-over-year change in this rating is -20.80%. Violent crime rates are Below Average, with a rating of 1,311.69, and 9,168 related incidents in 2020. The year-over-year change in this rating is 3.53%.

Transit

For easy commutes, the closest Bus station is Southbound Burrard St @ Barclay St, a mere 0.07 km away from this listing with MLS number R3068620.

Demographics

This neighbourhood is home to a diverse population, with 58.5% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. Conversely, 2.4% of the population in this area have no certificate or degree, making it Low compared to the average in BC.

In terms of income, the median household income is $65,920, which is Average compared to the British Columbia average. However, the median personal income is $42,581, which is High compared to the BC average. Additionally, 72.4% of households in this area are owner-occupied, which is High.

Unemployment and Growth

The unemployment rate in this area is 4.3%, which is Low compared to other BC municipalities. This neighbourhood has seen a population growth of 13.9% between 2011 and 2016, which is High compared to average growth rates in the region.

Lifestyle and Amenities

The average age of the population in this area is 37.3, which is Low compared to other BC cities. The average family size is 2.2, which is also Low. The population density per square kilometre is 9,296.6, which is High.

This area is surrounded by various lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The average value of dwellings in this neighbourhood is $745,989, which is High compared to other areas in British Columbia.

Real Estate Context

The average owner payments in this area are High, with owners spending an average of $1,792 per month. Tenants are paying an average of $1,723 per month, which is also High compared to other cities.

In terms of housing, 61.7% of the population in this area are renters, which is High compared to other BC cities and areas.

Language and Transportation

The language spoken at home in this area is predominantly English, with 87.2% of residents speaking only English. French speakers make up 0.1% of the population, which is Low. Neither English nor French speakers account for 2.2% of the population, which is Above Average compared to other BC cities.

The majority of residents in this area use public transportation (18.7%), walk (53.4%), or use bicycles (1.7%) for their daily commutes, indicating a strong emphasis on sustainable transportation options.