705 565 Smithe St, Vancouver, BC, MLS^® R3068686

Welcome to 705 565 Smithe Street, a stunning property in the heart of Downtown Vancouver

As we walk through the charming neighborhood of Downtown VW, you'll notice the vibrant energy and eclectic mix of shops, restaurants, and cafes that make this area so unique. Located at 705 565 Smithe Street, this beautiful home is not only a stunning piece of real estate but also a great investment opportunity.

Education

The property is serviced by two top-rated schools, Lord Strathcona Community Elementary School and King George Secondary School. Lord Strathcona Community Elementary School is a short 0.65 km away, offering a rating of No Rating. King George Secondary School is a 1.65 km walk, also with a rating of No Rating. For families seeking a private education, The Westside School, an elementary independent school, is just 0.51 km away, while Lowell High School, a secondary independent school, is a mere 0.37 km from this address.

Safety

According to Statistics Canada's 2020 report, the neighborhood around 705 565 Smithe Street has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. In terms of drug crime, the rating is Average, with 1,604 incidents in 2020 and a year-over-year change of 1.58%. Property crimes in the area are Above Average, with 35,089 incidents in 2020 and a year-over-year change of -20.80%. Violent crime rates are Below Average, with 1,311.69 incidents in 2020 and a year-over-year change of 3.53%.

Lifestyle Amenities

This home is just a short walk from the Northbound Granville St @ Smithe St bus station, making it an ideal location for commuters. The neighborhood is also close to various parks, beaches, and trails, perfect for outdoor enthusiasts.

Demographics

The neighborhood around 705 565 Smithe Street has a high percentage of university-educated residents, with 58.5% of the population holding a university certificate or degree. This is High compared to other BC neighborhoods. Additionally, the median household income is $65,920, which is Average compared to the British Columbia average. The median personal income is $42,581, which is High compared to the BC average. A high percentage of households, 72.4%, own their homes, making this area a great investment opportunity.

Real Estate Context

This property, MLS^® R3068686, is located in a highly sought-after neighborhood with a high average dwelling value of $745,989, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,792 per month on their dwellings. Tenants in the area pay an average of $1,723 per month, which is also High compared to other cities.

Community

The neighborhood around 705 565 Smithe Street is a vibrant and diverse community, with a high percentage of renters, 61.7%, which is High compared to other BC cities and areas. The population density is 9,296.6 people per square kilometer, which is High. The average family size is 2.2, which is Low compared to the whole region. The percentage of families with children is Low, at 25.3%.

Accessibility

This property is perfectly located for those who rely on public transportation, with 18.7% of the population using it, which is Above Average. A low percentage of residents use cars, 24.5%, which is Low. However, a high percentage, 53.4%, of the population walk to their destinations, making this area a great choice for those who prioritize health and wellness.

Invest in your future at 705 565 Smithe Street, MLS^® R3068686, a stunning property in the heart of Downtown Vancouver. Contact me, your trusted realtor, to schedule a viewing today!