578 438 W King Edward Ave, Vancouver, BC, MLS^® R3024011

As we step into this vibrant community, let's start with the schools. The property is conveniently serviced by General Wolfe Elementary School, a highly-rated institution that's just a 0.58 km stroll away. You'll appreciate the proximity and the excellent education your children will receive. While General Wolfe Elementary School doesn't have a rating, you can be confident in the quality of education provided. For those seeking an independent school experience, Vancouver Talmud Torah Elementary School is just a 0.96 km drive away, boasting a stellar 9.3/10 rating. St. Patrick Regional Secondary School, with its No Rating, is a 1.62 km drive away, offering a comprehensive secondary education experience.

Now, let's talk about the crime statistics in the area. According to the freshest data from Statistics Canada (2020), this neighbourhood boasts an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a sense of peace and security in your new home. The year-by-year change in the total crime rate is a remarkable -14.94%, indicating a decrease in crime over time.

Breaking down the crime statistics further, 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-by-year change in the illegal substances offences ranking is a modest 1.58%. Property crimes in the neighbourhood are Above Average, with a rating of 5,020.27. There were 35,089 property misconduct incidents in the area in 2020, representing a year-by-year change of -20.80%. Violent lawbreaking disorders were relatively low, with a rate of 1,311.69, which is Below Average compared to other BC municipalities. The year-by-year change in the violent crime rate is 3.53%.

Now, let's explore the lifestyle and amenities that make this neighbourhood so desirable. The closest Bus station is King Edward Station @ Bay 3, just 0.09 km away from this property with MLS^® R3024011. This convenient access to public transportation makes it easy to get around the city.

Demographically, this neighbourhood is a hub of activity. A staggering 43.1% of residents hold a university certificate or degree, which is High compared to other BC neighbourhoods. Conversely, 11.8% of the population has no certificate or degree, which is Low compared to the average in BC. This suggests a highly educated and motivated community.

In terms of income, the median household income near this property is $89,549, which is Above Average in comparison to the British Columbia average. The median personal income is $37,818, also Above Average compared to the BC average. Interestingly, 51.7% of households in this neighbourhood have a mortgage, which is Below Average.

The unemployment rate in the area is a low 5.1%, which is Low compared to other province neighbourhoods. This suggests a strong and stable economy. Population growth in the area has been steady, with a 4% increase between 2011 and 2016, which is Above Average in comparison to average growth rate of this region.

This neighbourhood is a vibrant and diverse community, with a population density per square kilometre of 4,734.6, which is High. The average size of families in the area is 2.9, which is Average in comparison to the whole region. Interestingly, 64.7% of families in the area have children, which is Above Average. Married or living common law couples make up 56.2% of the population, which is Below Average.

The average value of dwellings in this neighbourhood is a staggering $1,720,455, which is High compared to other areas in British Columbia. Average owner payments are also High, with owners spending an average of $1,814 per month. Tenants, on the other hand, pay an average of $1,428 per month, which is High compared to other cities. An impressive 37.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

In terms of language, 12.2% of the population speaks English and French, which is Above Average. However, 83.9% of the population speaks only English, which is Below Average. Interestingly, 3.9% of the population speaks neither English nor French, which is High compared to other BC cities.

Finally, let's talk