601 1050 Burrard St, Vancouver, BC, MLS^® R3058861

Welcome to 601 1050 Burrard Street, a stunning property nestled in the heart of Downtown Vancouver, a vibrant and eclectic neighborhood with a rich history. As we step inside this beautiful home, you'll notice its charm and character, but let's start by exploring the community that makes this property truly special.

Education

We're fortunate to be surrounded by excellent schools in this neighborhood. Lord Strathcona Community Elementary School is just a 1.03 km walk from our doorstep, with a rating of No Rating. This school is well-regarded for its commitment to academic excellence and community involvement. Just down the road, you'll find King George Secondary School, also with a No Rating, which offers a well-rounded education and a range of extracurricular activities. For parents seeking an independent education, Anchor Point Montessori is a short 0.45 km walk from our home, with a No Rating. For secondary independent education, Pattison School is just 0.16 km away, also with a No Rating.

Safety

According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. While this is not the lowest rate, it's essential to note that crime rates can fluctuate over time. The year-by-year change in the total crime rate is -14.94%, indicating a slight decrease. Property crimes in our area are above average, with a rating of 5,020.27 incidents per 100,000 population. However, the violent crime rate is below average, with 1,311.69 incidents per 100,000 population. These statistics provide a sense of the safety and security of our neighborhood.

Demographics

Our community is a vibrant and diverse neighborhood, with 52% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. However, 5.5% of the population has no certificate or degree, which is lower than the average in BC. The median household income in our area is $62,771, which is below average compared to the BC average. In contrast, the median personal income is $41,842, which is above average. The percentage of households with a mortgage is 73.7%, which is high.

Transit and Commuting

We're fortunate to be close to various public transportation options, including the Northbound Burrard St @ Comox St bus station, just 0.07 km away. The neighbourhood around 601 1050 Burrard Street, Vancouver, BC is well-connected, making it easy to get around without a car. In fact, 22% of our community uses public transport, while 28% drive, and 2% use bicycles. A whopping 45.8% of residents walk to their destinations, making our neighborhood an attractive option for those who value walkability.

Lifestyle Amenities

Our neighborhood offers a range of lifestyle amenities, including parks, beaches, and trails. The area around 601 1050 Burrard Street, Vancouver, BC is known for its vibrant arts and culture scene, with numerous galleries, museums, and performance venues. We're also close to excellent shopping and dining options, including the popular Granville Island Public Market. For those seeking medical care, St. Paul's Hospital is just a short walk away.

Real Estate Context

The average value of dwellings in our neighborhood is $651,930, which is high compared to other areas in British Columbia. With an average owner payment of $1,621 per month, this is a significant investment. However, 58% of our community are renters, which is high compared to other BC cities and areas.

Conclusion

As we explore the community around 601 1050 Burrard Street, Vancouver, BC, we're struck by its vibrant energy and diversity. From excellent schools to a range of lifestyle amenities, our neighborhood offers an attractive package for those seeking a dynamic and eclectic lifestyle. With a strong focus on community, safety, and education, this property is an excellent choice for families, professionals, and anyone seeking a unique and exciting place to call home.