Should You Move To Coal Harbor: What You Need to Know
So you’re thinking about relocating to the scenic waterfront neighborhood of Coal Harbour?
It’s an excellent choice if you’re after a tranquil environment with easy access to the city’s vibrant energy.
However, we understand that moving can be daunting, so let’s explore why Coal Harbour might be the right place for you.
Is Coal Harbour a good area to live in?
Absolutely! Coal Harbour is renowned for its safety, proximity to downtown, stable property values, and excellent public transport links. The neighborhood also boasts top-notch schools, healthcare services, walkability, and a high standard of living with abundant dining options.
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Safety First
Coal Harbour stands out as one of Vancouver’s safest neighborhoods, with crime rates 14% below the city average and 25% below the provincial average. Nearby areas like West End, Downtown, and Stanley Park also maintain low crime rates, contributing to Coal Harbour’s secure atmosphere.
Prime Location
Located just minutes from key downtown spots, Coal Harbour is ideally situated. Stanley Park is a 15-minute walk away, Canada Place is a short 10-minute stroll, and Burrard Inlet offers kayaking and paddleboarding opportunities. English Bay Beach and Sunset Beach are also just a quick drive away.
Property Values
Coal Harbour’s property values are consistently strong due to its prime waterfront location and proximity to downtown amenities. With views of the Burrard Inlet, Vancouver skyline, and North Shore Mountains, homeowners can expect solid returns on their investments.
Housing Costs
Be prepared for higher housing costs in Coal Harbour, as it’s one of Vancouver’s pricier neighborhoods. For instance, the median home price here is around CAD 1,790,000. However, this reflects the high demand and desirable location of the area.
Public Transit Access
Coal Harbour benefits from excellent public transit options. The Burrard Station SkyTrain and several bus routes connect the neighborhood to the rest of the city. Additionally, the Seaplane Terminal at the Vancouver Convention Centre is easily accessible.
Educational Facilities
Despite its small size, Coal Harbour offers extensive educational options. There are over 92 elementary and 18 high schools in the area, all under the Vancouver School Board. It’s also close to major universities like the University of British Columbia and Simon Fraser University.
Healthcare Services
The neighborhood is well-equipped with healthcare facilities, including St. Paul’s Hospital, Coal Harbour Medical Clinic, and Mount Saint Joseph Hospital. For specialized care, there are also dental and eye care centers nearby.
Walkability
Coal Harbour boasts a Walk Score of 81, making it a pedestrian-friendly area. Popular destinations like Stanley Park, the Vancouver Convention Centre, and the Seawall are easily accessible on foot.
Local Events
Living in Coal Harbour means being close to Vancouver’s major events, including Canada Day celebrations, the Pride Parade, and the Vancouver International Jazz Fest.
Income and Employment
With a median household income 28% higher than the national average and a low unemployment rate, Coal Harbour residents enjoy a high standard of living and financial stability.
Dining Scene
Coal Harbour offers a diverse array of dining options, from fine dining to casual eateries. Notable spots include Cardero’s, known for its seafood, and a variety of international cuisines. Gastown, a nearby foodie hub, is just a short drive away.
Cost of Living
It’s worth noting that the cost of living in Coal Harbour is higher than both the Vancouver and national averages—about 15% and 41% higher, respectively. This includes higher costs for housing, goods, and services.
We hope this overview helps you determine if Coal Harbour is the right fit for you. For more insights, check out our Local’s Guide to Coal Harbour to dive deeper into what this vibrant neighborhood has to offer.
