987 Richards St, Vancouver, BC, MLS^® R3022698

As we step into this incredible home, let's start by exploring the excellent education options in the area. Families will love knowing that their kids are just a short stroll away from Lord Strathcona Community Elementary School, rated No Rating, located at a comfortable 0.8 km distance from the property. We also have King George Secondary School, with a rating of No Rating, situated 1.7 km away from this beautiful residence.

For parents seeking alternative educational options, The Westside School, an independent elementary school with a No Rating, is conveniently located just 0.54 km from this property. Alternatively, Pattison School, a secondary independent school with a No Rating, is a mere 0.41 km away.

Now, let's take a closer look at the crime statistics in the area. According to the latest data from Statistics Canada (2020), there were 52,217 incidents reported in the neighbourhood. With an overall crime rate of 7,470.82 incidents per 100,000 population, this area falls under the Average crime rate category compared to other Canadian cities. Notably, the year-over-year change in the total crime rate is -14.94%, indicating a downward trend.

Breaking down the crime rates further, we see that drug crime is Average, with a rating of 229.49 and 1,604 incidents reported in 2020. The year-over-year change in this category is 1.58%. Property crimes, on the other hand, are Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. The year-over-year change in this category is -20.80%. Lastly, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents reported in 2020. The year-over-year change in this category is 3.53%.

For those who rely on public transportation, you'll be pleased to know that the closest bus station is Northbound Seymour St @ Nelson St, located just 0.08 km away from this property.

Now, let's delve into the demographics of the area. The neighbourhood surrounding 987 Richards Street boasts an impressive 58.5% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. Conversely, 2.4% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property 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. Furthermore, 72.4% of households in this census subdivision have a mortgage, which is High.

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

This property is situated in the vibrant Downtown VW area, where the population change between 2011 and 2016 was a remarkable 13.9%, which is High compared to average growth rates in the region.

The population density per square kilometre in this community is an impressive 9,296.6, which is High. The average size of families in the area is 2.2, which is Low compared to the whole region. Additionally, 25.3% of families in the area have children, which is Low.

The average age of the population in this area is 37.3, which is Low compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighbourhood is $745,989, which is High compared to other areas in British Columbia.

The average owner payments in the area are High, with owners spending an average of $1,792 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,723 per month, which is also High compared to other cities.

A notable 61.7% of the population in this area are renters, which is High compared to other BC cities and areas.

In terms of language, the percentage of English and French speakers in the area is 10.5%, which is Above Average. However, the percentage of English speakers only is 87.2%, which is Below Average. The percentage of French speakers only is 0.1%, which is Low. The percentage of neither English nor French speakers is 2.2%, which is Above Average compared to other BC cities.

Lastly, 18.7% of the population in the area use public transport, which is Above Average. 24.5