601 8238 Lord St, Vancouver, BC, MLS^® R3066051

Welcome to 601 8238 Lord Street, a charming home in the heart of Vancouver's Marpole neighborhood!

As we walk through the community, you'll notice that this property is serviced by two excellent schools: Sir Wilfrid Laurier Elementary School, which is just a 1.09 km stroll away, and Sir Winston Churchill Secondary School, located a short 1.26 km from here. Both schools have earned impressive ratings, with Sir Wilfrid Laurier Elementary School boasting a 7.5/10 rating and Sir Winston Churchill Secondary School maintaining a stellar reputation.

If you're looking for an independent school option for your little ones, you'll appreciate that St. Anthony of Padua Elementary School is just a 1.5 km walk away, offering a 8.7/10 rating. Alternatively, the Royal Canadian College Secondary School is a mere 0.31 km from this home, although it doesn't have a published rating.

Safety First

Let's talk about crime statistics in the area. According to the latest data from Statistics Canada (2020), the neighborhood surrounding 601 8238 Lord Street has an average crime rate of 7,470.82, which is comparable to other Canadian cities. You'll notice a -14.94% year-over-year decrease in overall crime rates, providing peace of mind for residents.

When it comes to drug-related offenses, the area shows an average rating of 229.49, with 1,604 incidents reported in 2020. The rate has seen a slight increase of 1.58% over the years.

Property Crimes

Property crimes in the area are above average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. However, we're pleased to report a -20.80% year-over-year decrease in property misconduct rates.

Violent crime rates are below average, with 1,311.69 incidents reported in 2020, representing a 3.53% increase year-over-year.

Getting Around

Convenience is key, and with the Marine Drive Station @ Bay 1 just 0.15 km away, you'll have easy access to public transportation.

Community Insights

Let's dive into some fascinating community insights:

• 36.6% of residents in this neighborhood hold a university certificate or degree, which is high compared to other BC neighborhoods.
• 13.5% of the population has no certificate or degree, which is below average in BC.
• The median household income is $66,125, making it an average income compared to other BC neighborhoods.
• The median personal income is $24,722, which is lower compared to the BC average.
• 42.1% of households in this area have a mortgage, which is relatively low.

Demographics and Growth

Here are some interesting demographic insights:

• The area surrounding 601 8238 Lord Street has seen a population change of -3.8% between 2011 and 2016, which is lower compared to average growth rates in the region.
• The population density is 4,785.1 people per square kilometer, which is high compared to other areas in BC.
• The average family size is 2.9, which is average in comparison to the whole region.
• 71.8% of families in this area have children, which is high.
• 54.7% of residents are married or living in common-law relationships, which is below average.

Property Value and Lifestyle

When it comes to property values, you'll be pleased to know that the average value of dwellings in this neighborhood is $1,969,471, which is high compared to other areas in BC.

As for lifestyle, 39.5% of residents in this area are renters, which is above average compared to other BC cities.

Transportation and Commuting

Finally, let's talk about transportation and commuting:

• 33.3% of residents use public transportation, which is high.
• 60% of residents use cars, which is relatively low.
• 1.9% of residents use bicycles, which is above average.
• 3.4% of residents walk, which is average.

Experience the Best of Vancouver

At 601 8238 Lord Street, you'll be surrounded by the best of Vancouver's Marpole neighborhood. From excellent schools to convenient public transportation, this home offers the perfect blend of community, convenience, and lifestyle.

Contact me today to schedule a viewing and experience the best of Vancouver's real estate market!

MLS# R3066051