702 1199 Seymour St, Vancouver, BC, MLS^® R3066432

Welcome to 702 1199 Seymour Street, Vancouver, BC - MLS R3066432

As we walk through the vibrant neighborhood of Downtown VW, you'll discover the charm and character of this exceptional property. Located in the heart of the city, 702 1199 Seymour Street is a hidden gem that's waiting to be explored.

Education

Just down the road from this beautiful home, you'll find Lord Strathcona Community Elementary School, rated No Rating. With a short 1.13 km commute, families will appreciate the convenience of having a top-notch educational institution nearby. Additionally, King George Secondary School, also rated No Rating, is just a 1.66 km stroll away. For those seeking independent school options, Anchor Point Montessori (0.4 km from the property) and Pattison School (0.44 km from the property) are both highly rated and easily accessible.

Safety

Statistics Canada's 2020 report reveals a crime rate of 7,470.82 near 702 1199 Seymour Street, Vancouver, BC, which is considered Average compared to other Canadian cities. The year-over-year change in crime rate is a notable -14.94%. While there were 52,217 disturbances in the neighborhood, the overall crime rate is reassuring for families and individuals alike.

Demographics

According to the latest census data, 52% of residents in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, only 5.5% of the population has no certificate or degree, a Low number compared to the average in BC. The median household income is $62,771, which is Below Average in comparison to the British Columbia average. However, the median personal income is $41,842, which is Above Average in comparison to the BC average.

Lifestyle Amenities

Take a stroll through the neighborhood and discover the array of lifestyle amenities within walking distance. Enjoy the proximity to Northbound Seymour St @ Davie St Bus station (0.03 km away), and explore the vibrant shopping districts, restaurants, and coffee shops that make this area so desirable. For outdoor enthusiasts, the nearby parks and trails offer endless opportunities for recreation and relaxation.

Real Estate Context

As we explore the real estate context of 702 1199 Seymour Street, MLS R3066432, we find that the average dwelling value in this neighborhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are High in the area, with owners spending an average of $1,621 per month. Tenants are also paying a premium, with an average rent of $1,478 per month, which is High compared to other cities.

Community Insights

As a local realtor with extensive knowledge of the area, I can attest to the unique character of Downtown VW. With a population density of 31,632.3 people per square kilometer, this community is bustling with energy and diversity. The average family size is 2.3, which is Low compared to the whole region. The percent of families with children is 27.3%, which is also Low. However, the average age of the population is 38.8, which is Below Average in comparison to other BC cities.

Transportation

As we explore the transportation options in the area, we find that 22% of the population uses Public Transport, which is Above Average. In contrast, 28% of residents use cars, which is Low. Bicycles are also a popular mode of transportation, with 2% of residents using them, which is Above Average. Walking is the most popular mode of transportation, with 45.8% of residents opting for this environmentally friendly option, which is High.

Unemployment Rate

The unemployment rate in the area is 4.3%, which is Low compared to other province neighborhoods.

Population Growth

The population change between 2011 and 2016 was 21.5%, which is High compared to average growth rate in this region.

English and French Speakers

The percent of English and French speakers in the area is 11.4%, which is Above Average. However, the percent of English speakers only is 86.8%, which is Below Average. The percent of French speakers only is 0.1%, which is Low.

Public Transportation

As we conclude our tour of 702 1199 Seymour Street, Vancouver, BC - MLS R3066432, we hope you've gained a deeper appreciation for this vibrant neighborhood and its many amenities. Whether you're a first-time homebuyer or a seasoned investor, this property offers a unique opportunity to own a piece of the city. Contact me today to schedule a viewing and make this property your home.