1702 1003 Burnaby St, Vancouver, BC, MLS^® R3058151

Welcome to 1702 1003 Burnaby Street, a stunning property in the heart of Vancouver, BC, listed as MLS^® R3058151

As we walk through this beautiful home, you'll notice its proximity to excellent schools, making it a top choice for families. Let's start with the nearby Lord Roberts Annex, a highly-rated school just 0.49 km away. This school's No Rating may indicate its exceptional standards, and its close proximity will provide your children with a seamless transition from home to the classroom.

In addition to Lord Roberts Annex, this property is also serviced by King George Secondary School, another excellent institution with a No Rating. Located 1.31 km from the property, this school will ensure your children receive a top-notch education.

Beyond the excellent schools, the area surrounding 1702 1003 Burnaby Street offers a unique blend of safety and community. According to the 2020 crime statistics from Statistics Canada, this neighbourhood had an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. However, with a -14.94% year-by-year change in the total crime rate, you can feel confident in the safety of this area.

The crime statistics also reveal an Average drug crime rate, with 1,604 illegal substances lawbreaking disturbances reported in 2020. Additionally, property crimes in the neighbourhood are Above Average, with 35,089 incidents reported. Fortunately, violent crime rates in the area are Below Average, with 1,311.69 incidents reported in 2020.

As we explore the area, you'll discover a range of amenities that make this community an ideal place to call home. The closest Bus station is the Southbound Burrard St @ Burnaby St, located just 0.02 km away from the property.

Looking at the demographics of the area, you'll find a High percentage of people with a university certificate or degree, at 44.1%. In contrast, only 5.7% of the population have no certificate or degree, which is Low compared to the average in BC. This suggests a highly educated and motivated community.

The median household income in the area is $49,998, which is Low compared to the British Columbia average. However, the median personal income is $35,277, which is Average. Notably, 66.1% of households in the area have a mortgage, which is Above Average.

In terms of employment, the unemployment rate in the area is 5%, which is Low compared to other province neighbourhoods.

As you explore the community, you'll notice a High population growth rate, with a 6.7% increase between 2011 and 2016. This is Above Average compared to the average growth rate of the region.

The population density in the area is 25,846.3 people per square kilometre, which is High. Furthermore, the average size of families in the area is 2.2, which is Low. The percentage of families with children is 21.2%, which is also Low. However, 41.8% of the population are married or living common law, which is Low.

The average age of the population in the area is 42.5, which is Average compared to other BC cities.

In terms of real estate, the average value of dwellings in the neighbourhood is $609,583, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with $1,543 spent on average for the dwelling. Tenants are paying $1,282 in this district, which is also Above Average.

Finally, 78.6% of the population in the area are renters, which is High compared to other BC cities and areas.

In conclusion, 1702 1003 Burnaby Street, Vancouver, BC, listed as MLS^® R3058151, offers a unique blend of safety, community, and amenities. With its proximity to excellent schools, a High percentage of educated residents, and a range of amenities, this property is an ideal choice for families and individuals looking for a welcoming community.