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Point Grey Village Pointgreyvillage.Com bizmap.ca EAST VILLAGE POINTVancouver Neighborhoods GREY VILLAGE Vancouver Neighbourhoods BIZMAP.CA POINT GREY VILLAGE POINTGREYVILLAGE.COM DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % BACHELOR’S 20-24 27 DEGREE YEARS BIA SIZE RESIDENTIAL MARKET SIZE % ADDITIONAL average age is 42.4 27 POSTGRADUATE 3 BLOCKS 7 SQ. KM. EDUCATION RESIDENTIAL CATCHMENT AREA POPULATION BUSINESS SIZE % 13,619 RESIDENTS 143 BUSINESSES; 65 1.7% growth between 2011 and 2016 OF WHICH HAVE FEWER THAN with a population density of FIVE EMPLOYEES 1,968 PEOPLE PER SQ. KM. COMMERCIAL DEVELOPMENT POTENTIAL ZONING (C-2) RECENTLY INCREASED TO ALLOW COMMERCIAL SIZE 6-STOREY WOODEN 78 PROPERTIES with an assessed commercial value of more than STRUCTURES $ 508 MILLION ATTRACTIONS DOMINANT HOUSEHOLD INCOME $ 200,000 + Parks and Trails Beaches UBC Campus BIZMAP.CA Updated August 2018 RELATIVELY HIGH SHARE OF RESIDENTS HIGH PROPORTION AGED 20 YEARS OR YOUNGER OF SENIORS THE TOP 3 % % % LANGUAGES 76 11 3 SPOKEN AT HOME ARE ENGLISH MANDARIN CANTONESE % % 67 REPORTED 24 REPORTED WESTERN EUROPEAN HERITAGE CHINESE HERITAGE particularly English (29%), Scottish (20%) & Irish (18%) % 29 ARE EARNING OVER $150,000 PER YEAR THE DOMINANT HOUSEHOLD INCOME IS $200,000+ 27% 58% OF RESIDENTS HAVE A HAVE SOME LEVEL OF BACHELOR’S DEGREE UNIVERSITY EDUCATION MOST COMMON OCCUPATIONS OTHER LEADING OCCUPATIONS INCLUDE: FOR RESIDENTS ARE IN EDUCATION, LAW, SOCIAL, COMMUNITY » Business, finance & administration (16%) & GOVERNMENT » Sales & service (15%) % 22 » Management (14%) 66% 34% OF HOUSEHOLDS OF COUPLE FAMILIES HAVE FAMILY-ORIENTED ARE FAMILIES MORE THAN ONE CHILD NEIGHBOURHOOD $ POINT GREY AVERAGE ANNUAL 141,676 EXPENDITURE PER HOUSEHOLD significantly higher than the average household in Vancouver ($84,710) and Metro Vancouver ($87,106) %OF DWELLINGS ARE % OF RESIDENTS %ARE HOME 42 DETACHED HOMES 37 ARE RENTERS 63 OWNERS % OF DWELLINGS WERE 42 BUILT BEFORE 1960 compared to Vancouver (23%) and Metro Vancouver (13%) 100% OF COMMERCIAL SPACE IS ZONED AS C-2 TOTAL ASSESSED VALUE OF COMMERCIAL PROPERTIES IS $508 MILLION WALKING DISTANCE TO THREE OF VANCOUVER’S MOST FAMOUS BEACHES JERICHO BEACH, LOCARNO BEACH AND SPANISH BANKS. THE 99 B-LINE RUNS THROUGH POINT GREY BIKER’S PARADISE BIKE SCORE OF 95 KEY EVENTS: WITHIN CLOSE SCHOOLS » Annual spring and fall festivals 4 PROXIMITY OF POINT GREY » Point Grey Fiesta BUSINESSES TOP INDUSTRIES ARE RETAIL 34% AND OPERATE IN ACCOMMODATION & FOOD SERVICE 20% 143 POINT GREY making up 54% of total Point Grey businesses BUSINESSES THAT SPECIALIZE IN EDUCATIONAL SERVICES ARE ON THE RISE BUSINESS OPPORTUNITIES % MICRO BUSINESSES BASED ON MARKET DEMAND, COULD INCLUDE: 65 with fewer than five employees % SMALL BUSINESSES » Nighttime restaurants and eateries 28 with 5 to 20 employees » Higher-end pubs LEASE RATES ARE APPROXIMATELY $28 PER SQ. FT. » Natural food stores POINT GREY VILLAGE POINTGREYVILLAGE.COM DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % BACHELOR’S 20-24 27 DEGREE YEARS BIA SIZE RESIDENTIAL MARKET SIZE % ADDITIONAL average age is 42.4 27 POSTGRADUATE BLOCKS SQ. KM. EDUCATION 3Overview 7 People POPULATION: RESIDENTIALOn the western CATCHMENT edge of AREA Vancouver, POPULATION nestled BUSINESS SIZE » 13,619 people live within the Point Grey BIA catchment area. between Tolmie Street and Discovery Street, lies % Point Grey Village13,619 BIA - three blocks RESIDENTS along West » 143Point Grey has BUSINESSES; a relatively high share of 65 residents aged 20 years 1.7% growth between 2011 and 2016 10th Avenue. Although it’s Vancouver’s smallest BIA, or younger, reflectingOF WHICH this area’s HAVE slightly FEWER larger family THAN sizes and it packs in a variety of boutique restaurants and concentration of university students. The BIA catchment area also has a high proportion of seniors compared to Vancouver withshops, a population as well density as professional of services that serve FIVE EMPLOYEES and Metro Vancouver (see Figure 1). wealthy permanent residents and lower income As a result, Point Grey residential catchment area residents 1,968University of British Columbia students alike. » COMMERCIALhave an average DEVELOPMENT age of 42.4 years, POTENTIAL which is slightly higher than PEOPLE PER SQ. KM. Vancouver (41.6) and Metro Vancouver (41.0). The BIA’s residential catchment area comprises ZONING (C-2) the area of Alma Street (east) to West 16th Avenue » The area experienced lower rates of growth (1.7%) from 2011- FigureRECENTLY2016 1: Population than Vancouver by Age INCREASED (4.6%) and MetroTO ALLOW Vancouver (6.5%). COMMERCIAL(south), Blanca SIZE Street and the residential areas of the University Endowment Lands. One of Figure6-STOREY 1: Population by Age WOODEN 78Vancouver’s PROPERTIES oldest neighbourhoods, the area has witha distinct, an assessed neighbourhood commercial value communityof more than look and STRUCTURES30% $feel, with primarily single detached homes. 25% Commercial buildings in the BIA reflect that 508 MILLION ATTRACTIONS20% smaller, primarily one- and two-storey, cozy 15% atmosphere. The village is a collection of old population % of total DOMINANT HOUSEHOLD INCOME and new, with several long-term anchor tenants, 10% neighbourhood branches of all the major banks, $ 5% Parks and Trails Beaches UBC Campus personal200,00 wellness services0 and+ restaurants, Under 20 20 to 34 35 to 44 45 to 54 55 to 64 65 or Older including no fewer than five sushi restaurants. Point Grey Vancouver Metro Vancouver Source: Statistics Canada 2016 Census RELATIVELY HIGH SHARE OF RESIDENTS HIGH PROPORTION Figure 3: Ethnic Origin AGED 20 YEARS OR YOUNGER OF SENIORS 30% 25% BIZMAP.CA 20% 3 Updated August 2018 15% THE TOP 3 % % of population 10% % % LANGUAGES 76 5% 11 3 SPOKEN AT HOME ARE ENGLISH 0% MANDARIN CANTONESE English Chinese Scottish Irish Canadian Point Grey Vancouver Metro Vancouver % % 67 REPORTED 24 REPORTED WESTERN EUROPEAN HERITAGE Figure 4: Average Household Income CHINESE HERITAGE particularly English (29%), Scottish (20%) & Irish (18%) 30% 25% 20% 15% % of households 10% % 5% 29 ARE EARNING OVER 0% $ PER YEAR Less than $20K $20-$39K150,000$40-$59K $60-$79K $80-$99K $100-$149K $150K + Point Grey Vancouver Metro Vancouver THE DOMINANT HOUSEHOLD INCOME IS $200,000+ Figure 9: Dwellings by Major Structural Type Point Grey Vancouver Metro Vancouver Single-Detached Semi-Detached/ Single-Detached Semi-Detached/ Single-Detached Row Row 42% 15% 29% % 2% %5% 27 58 58% OF RESIDENTS HAVE A HAVE SOME LEVEL OF 12% BACHELOR’S DEGREE 56% UNIVERSITY80% EDUCATION Apartment Apartment Apartment Semi-Detached/ Row MOST COMMON OCCUPATIONS OTHER LEADING OCCUPATIONS INCLUDE: FOR RESIDENTS ARE IN EDUCATION, » Business, finance & administration (16%) Semi-Detached/Row LAW, SOCIAL, COMMUNITY Figure 10: Age of Housing Stock & GOVERNMENT » Sales & service (15%) 50% % 22 » Management40% (14%) 30% 20% % of dwellings % % 66 34 10% OF HOUSEHOLDS OF COUPLE0% FAMILIES HAVE FAMILY-ORIENTED Pre-1960 1961 to 1980 1981 to 1990 1991 to 2000 2001 and newer ARE FAMILIES MORE THAN ONE CHILD NEIGHBOURHOOD Point Grey Vancouver Metro Vancouver $ POINT GREY AVERAGE ANNUAL 141,676 EXPENDITURE PER HOUSEHOLD significantly higher than the average household in Vancouver ($84,710) and MetroFigure 13: Vancouver Fastest Growing ($87,106) Commercial Sub-sectors Food retailer Secondhand dealer %OF DWELLINGS ARE % OF InstructionRESIDENTS %ARE HOME DETACHED HOMES ARE RENTERS0 1 2 OWNERS3 42 37 # of new63 businesses (2011-2016) % OF DWELLINGS WERE 42 BUILT BEFORE 1960 compared to Vancouver (23%) and Metro Vancouver (13%) Figure 13: Commercial Business Size Small - Medium (21-50 employees) Small (5-20 6% 1% employees) Large (more than 50 employees) % 28% 100 OF COMMERCIAL SPACE IS ZONED AS C-2 65% Micro (under 5 employees) TOTAL ASSESSED VALUE OF COMMERCIAL PROPERTIES IS $508 MILLION WALKING DISTANCE TO THREE OF VANCOUVER’S MOST FAMOUS BEACHES JERICHO BEACH, LOCARNO BEACH AND SPANISH BANKS. THE 99 B-LINE RUNS THROUGH POINT GREY BIKER’S PARADISE BIKE SCORE OF 95 KEY EVENTS: WITHIN CLOSE SCHOOLS » Annual spring and fall festivals 4 PROXIMITY OF POINT GREY » Point Grey Fiesta BUSINESSES TOP INDUSTRIES ARE RETAIL 34% AND OPERATE IN ACCOMMODATION & FOOD SERVICE 20% 143 POINT GREY making up 54% of total Point Grey businesses BUSINESSES THAT SPECIALIZE IN EDUCATIONAL SERVICES ARE ON THE RISE BUSINESS OPPORTUNITIES % MICRO BUSINESSES BASED ON MARKET DEMAND, COULD INCLUDE: 65 with fewer than five employees % SMALL BUSINESSES » Nighttime restaurants and eateries 28 with 5 to 20 employees » Higher-end pubs LEASE RATES ARE APPROXIMATELY $28 PER SQ. FT. » Natural food stores DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % BACHELOR’S 20-24 27 DEGREE YEARS BIA SIZE RESIDENTIAL MARKET SIZE % ADDITIONAL average age is 42.4 27 POSTGRADUATE 3 BLOCKS 7 SQ. KM. EDUCATION RESIDENTIAL CATCHMENT AREA POPULATION BUSINESS SIZE % 13,619 RESIDENTS 143 BUSINESSES; 65 1.7% growth between 2011 and 2016 OF WHICH HAVE FEWER THAN with a population density of FIVE EMPLOYEES 1,968 PEOPLE PER SQ. KM. COMMERCIAL DEVELOPMENT POTENTIAL ZONING (C-2) RECENTLY INCREASED TO ALLOW COMMERCIAL SIZE 6-STOREY WOODEN 78 PROPERTIES with an assessed commercial value of more than STRUCTURES $ 508 MILLION ATTRACTIONS DOMINANT HOUSEHOLD INCOME $ 200,000 + Parks and Trails Beaches UBC Campus RELATIVELY HIGH SHARE OF RESIDENTS DOMINANT AGEHIGH RANGE PROPORTIONDOMINANT EDUCATION LEVEL FASTAGED FACTS OF % BACHELOR’S 20 YEARS OR YOUNGER 20-24 SENIORS27 DEGREE POINT GREY VILLAGE YEARS BIA SIZE RESIDENTIAL MARKET SIZE % ADDITIONAL
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