402 1477 W Pender St, Vancouver, BC, MLS^® R3027851

Welcome to 402 1477 W Pender Street, a stunning property located in the heart of Vancouver, BC, listed under MLS^® R3027851. As you step into this vibrant neighborhood, you'll be surrounded by the sights and sounds of the city. Let's start our tour and explore the community that makes this property so special.

Education:

Families love this area because of its excellent schools. Lord Roberts Annex, a short 0.77 km from the property, is one of the top-rated schools in the area. With a rating of No Rating, this school has proven to be a great choice for many families. Just down the road, you'll also find King George Secondary School, only 0.57 km away, also with a rating of No Rating. Madrona School, an independent elementary school, is just 0.94 km from the property, and Pattison School, an independent secondary school, is 1.05 km away.

Safety:

According to the latest crime statistics from 2020, this neighborhood has an average crime rate of 7,470.82, which is typical for urban areas. However, with a low rate of violent crime (1,311.69), you can feel safe walking around the neighborhood. The overall crime rate has decreased by 14.94% over the years, making this a great place to call home.

Lifestyle Amenities:

Just a short walk from the property, you'll find the Westbound W Pender St @ Broughton St bus station, making it easy to get around the city. This neighborhood is also close to many parks, beaches, and trails, perfect for outdoor enthusiasts. You'll find a variety of shopping malls, grocery stores, restaurants, and coffee shops within walking distance, making it easy to live and work in the area.

Demographics:

This neighborhood is known for its high level of education, with 51.8% of residents holding a university certificate or degree, which is above average for BC. The median household income is $63,206, which is average compared to other areas in British Columbia. However, the median personal income is $37,148, which is above average. The unemployment rate is low, at 5.2%, making it an attractive area for professionals.

Real Estate Context:

The average value of dwellings in this neighborhood is $141,6414, which is high compared to other areas in British Columbia. The average owner payments are high, with owners spending an average of $2,182 per month. Tenants, on the other hand, pay an average of $1,783 per month, which is also high. A high percentage of residents (66.3%) are renters, which is above average compared to other BC cities.

Community:

This neighborhood is known for its diverse population, with 10.6% of residents speaking both English and French, which is above average. However, 85.4% of residents speak only English, which is below average. The population density is high, with 20,276.1 people per square kilometer. The average family size is small, with 2.4 people per family, which is below average.

Commuting:

Getting around the city is easy, with 26.7% of residents using public transportation, which is high. However, 31.6% of residents use cars, which is low. 2.4% of residents use bicycles around the property, which is above average. 36.2% of residents walk, which is also high.

In conclusion, 402 1477 W Pender Street, Vancouver, BC, MLS^® R3027851, is a unique property located in a vibrant neighborhood with excellent schools, a high level of education, and a diverse population. With its easy access to public transportation and a variety of lifestyle amenities, this property is an attractive choice for professionals and families alike.