309 8398 Oak St, Vancouver, BC, MLS^® R3051620

Welcome to 309 8398 Oak Street, a stunning property located in the heart of Vancouver, BC. As your trusted realtor, I'm excited to take you on a tour of this beautiful home and highlight all the amazing features it has to offer.

First, let's talk about the schools in the area. This home is serviced by the highly-rated Sir Wilfrid Laurier Elementary School, which boasts a rating of 7.5/10. The property is conveniently located just 1.01 km from the school, making it a perfect choice for families with kids. Additionally, the home is also close to Sir Winston Churchill Secondary School, another excellent educational institution in the area. With its strong school ratings, this neighborhood is a favorite among families who value quality education.

Now, let's move on to the safety and security of the area. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate compared to other Canadian cities. With 52,217 incidents reported in 2020, you can rest assured that this area is relatively safe. Furthermore, the crime rate has seen a decline of 14.94% over the years, making it an even more attractive option for those seeking a secure living environment.

In terms of demographics, this neighborhood is a vibrant and diverse community. With 36.6% of the population holding a university certificate or degree, this area is home to many educated individuals. Additionally, the median household income is $66,125, which is on par with the British Columbia average. The area is also relatively affordable, with 42.1% of households owning their properties, which is lower compared to other neighborhoods in the province.

When it comes to transportation, this home is perfectly positioned near major bus routes and highways, making it easy to commute to work or explore the city. The Southbound Oak St @ W 67 Ave bus stop is just 0.07 km away from the property, offering quick and convenient access to public transportation.

The lifestyle amenities in this neighborhood are plentiful and varied. You'll find plenty of parks, beaches, and trails to enjoy, including the scenic Oak Street Beach just a short walk away. The area is also home to a range of shopping centers, restaurants, and cafes, making it the perfect place to live, work, and play.

In terms of real estate context, the average dwelling value in this neighborhood is $1,969,471, which is higher compared to other areas in British Columbia. The average owner payments are also relatively high, with owners spending $1,719 on average for their properties. However, tenants in the area pay a relatively lower rent of $1,226, which is above average compared to other cities.

Lastly, let's talk about the commute to work. With 60% of the population using cars to get to work, this area is relatively car-dependent. However, with the nearby public transportation options, you can easily get to work without relying on your car. Additionally, 33.3% of the population uses public transportation, which is relatively high compared to other neighborhoods.

In conclusion, 309 8398 Oak Street is an outstanding property that offers the perfect blend of safety, security, and lifestyle amenities. With its excellent school ratings, diverse community, and convenient transportation options, this home is an attractive option for families, professionals, and anyone seeking a great place to live in Vancouver, BC.