2004 1251 Cardero St, Vancouver, BC, MLS^® R3065564

Welcome to 2004 1251 Cardero Street, a stunning property in the heart of Vancouver's West End!

As we step into this vibrant community, you'll discover a plethora of amenities and opportunities that make this neighborhood a sought-after destination for families and professionals alike.

Education

Our home, located at 2004 1251 Cardero Street, Vancouver, BC, is serviced by the highly-rated Lord Roberts Annex, just 0.76 km away. This school is a favorite among families, offering a supportive and inclusive learning environment. Additionally, King George Secondary School, with its No Rating, is conveniently located 0.61 km from our property. For independent school options, Anchor Point Montessori is just 1.12 km away, and Pattison School is 1.18 km from our doorstep.

Safety

According to the latest crime statistics from Statistics Canada (2020), our neighborhood boasts an average crime rate of 7,470.82 incidents per 100,000 population. While this may seem high, it's essential to note that this rate is still below the national average. Within the vicinity of 2004 1251 Cardero Street, MLS^® R3065564, we can expect an average crime rate, with 52,217 disturbances reported in the area in 2020. Year-over-year, the total crime rate has decreased by 14.94%. Additionally, the neighborhood has seen a 1.58% increase in illegal substances offenses, with a rating of 229.49. Property crimes are a concern, with a rating of 5,020.27, but the year-over-year change is a positive 20.80%. Violent crimes are relatively low, with a rate of 1,311.69, and a 3.53% increase from the previous year.

Demographics

Our community is characterized by a diverse population, with 45.8% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. Conversely, only 3.6% of the population lacks a certificate or degree, indicating a well-educated community. The median household income in our area is $51,531, which is below average compared to the British Columbia average. However, the median personal income is $37,786, which is above average. Furthermore, 45.3% of households in our area have a mortgage, which is relatively low.

Lifestyle Amenities

As we explore the neighborhood, you'll discover a range of lifestyle amenities that make this community an attractive choice. The closest bus station, Westbound Davie St @ Cardero St, is just 0.09 km away from 2004 1251 Cardero Street, making public transportation convenient. Additionally, the area boasts a high percentage of English and French speakers, with 15.2% of the population speaking both languages, and 83.6% speaking only English. The neighborhood is also highly walkable, bikeable, and has a high percentage of renters, with 86.5% of the population residing in rental properties.

Real Estate Context

The average value of dwellings in our neighborhood is $696,217, which is high compared to other areas in British Columbia. Average owner payments are above average, with $1,332 spent on average for the dwelling. Tenants are paying $1,302 on average, which is also above average. The average age of the population is 42.3, which is average compared to other BC cities.

Unemployment and Economy

Unemployment rate in our area is 5.1%, which is low compared to other province neighborhoods. The median household income is $51,531, and the median personal income is $37,786. This indicates a relatively stable economy and a decent standard of living.

Population and Growth

Our community has experienced a 6% population growth between 2011 and 2016, which is above average. The population density per square kilometer is 24,119.9, which is high. The average size of families in our area is 2.2, which is low compared to the whole region. The percentage of families with children is 20%, and the percentage of married or living common law is 43.5%, both of which are low.

Transportation

Public transportation is convenient, with 30.5% of the population using it. Cars are used by 30.2% of the population, which is low. Bicycles are used by 10.5%, and walking is the preferred mode of transportation for 26.7% of the population.

Insider's Tip

As a local realtor, I can attest that 2004 1251 Cardero Street, Vancouver, BC, MLS^® R3065564, is an exceptional property in a sought-after