2601 1238 Melville St, Vancouver, BC, MLS^® R2992437

Welcome to 2601 1238 Melville Street, a stunning property located in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible home.

Education

Let's start with the schools. Lord Roberts Annex is the closest public elementary school, located just 0.67 km away from this property. With a rating of No Rating, this school provides a great learning environment for your children. In addition, King George Secondary School is also nearby, just 0.8 km away. Both schools offer excellent educational opportunities for your family.

Madrona School, an independent elementary school, is also close by, located 0.67 km from this home. With a rating of No Rating, this school provides a unique learning experience for your children. Pattison School, another independent secondary school, is also nearby, located 0.85 km away.

Safety

As a top priority for any homebuyer, let's talk about safety. According to Statistics Canada's 2020 report, the crime rate near 2601 1238 Melville Street, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. However, it's worth noting that the overall crime rate has decreased by 14.94% over the years.

Breaking down the crime rate, we see that the drug crime rate is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in the area in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%.

Property crimes in the neighbourhood are Above Average, with a rating of 5,020.27. There were 35,089 property misconduct disturbances in the area in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Fortunately, the violent crime rate is Below Average, with a rating of 1,311.69. There were 9,168 violent lawbreaking disorders in the area in 2020. The year-over-year change in the violent crime rate is 3.53%.

Lifestyle Amenities

This property offers easy access to various lifestyle amenities. The closest bus station is Eastbound W Pender St @ Jervis St, just 0.04 km away. You'll also find plenty of parks, beaches, trails, and dog parks in the area, perfect for outdoor enthusiasts.

Demographics

Let's take a look at the demographics of the area. 57.4% of people with a university certificate/degree live in this neighbourhood, making it High in comparison to other BC neighbourhoods. On the other hand, 3.2% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

The median household income near this property is $71,774, which is Average compared to the British Columbia average. The median personal income is $39,381, which is Above Average compared to the BC average. 56% of households in this census subdivision have a mortgage, which is Average.

Real Estate Context

This property is located in Coal Harbour, where the average dwelling value is $1,325,746, making it High compared to other areas in British Columbia. The average owner payments are High in the area, with owners spending an average of $2,045 per month. Tenants are paying $1,845 per month in this district, which is also High compared to other cities.

Unemployment Rate

The unemployment rate in the area around this property is 6.4%, which is Below Average compared to other province neighbourhoods.

Population Growth

This neighbourhood has experienced a population growth of 10.5% between 2011 and 2016, which is High compared to the average growth rate of this region.

Community

The average age of the population in this area is 40.2, which is Below Average compared to other BC cities. The average family size is 2.5, which is Low in comparison to the whole region. 43.2% of families in the area have children, which is Low. 54.2% of the population in this area are married or living common law, which is Below Average.

Transportation

16.2% of the population in this area use public transport, which is Above Average. 32.2% of the population use cars, which is Low. 2% of the population use bicycles, which is Above Average. 48.5% of the population walk, which is High.

In conclusion, 2601 1238 Melville Street, Vancouver, BC MLS^®R2992437 is a fantastic property that offers a unique blend of education, safety, lifestyle amenities, and community features. As your trusted real