103 777 Eighth St, New Westminster, BC, MLS^® R3052337

Welcome to 103 777 Eighth Street, a charming property in New Westminster, BC, listed under MLS^® R3052337. As we explore this beautiful home, I'd like to take you on a journey through the community, highlighting its unique features and what makes it an incredible place to live.

Education

We're fortunate to have Lord Kelvin Elementary School, a highly-rated institution with a 5.2/10 rating, just a short 0.44 km away from our property. This school is an excellent choice for families, offering a nurturing environment that fosters growth and development. For those seeking a more independent educational experience, Our Lady of Mercy School, with a stellar 10/10 rating, is just a 0.67 km stroll away. Additionally, Vancouver International College, a secondary independent school with no rating, is conveniently located 0.45 km from our property.

Safety and Crime Rates

Let's take a closer look at the crime statistics in our neighborhood. According to the latest data from Statistics Canada (2020), there were 5,584 reported disturbances in our area. The overall crime rate near 103 777 Eighth Street, New Westminster, BC is 6,761.11, which is considered Average compared to other Canadian cities. I'm pleased to report that the year-over-year change in the total crime rate is a notable -10.42%. Regarding drug crime, our neighborhood boasts a Below Average rating, with 134.4 incidents per 100,000 population. This is reassuring, as the year-over-year change in the illegal substances offences ranking is -5.34%. Property crimes are also Average, with 3,807.97 incidents per 100,000 population. However, I'm happy to note that the year-over-year change in the property misconduct rate is -11.79%. As for violent lawbreaking disorders, our area recorded 1,143 incidents in 2020, which is an Average rate compared to other BC municipalities. The year-over-year change in the violent crime rate is -5.91%. Overall, our neighborhood is a safe and secure place to call home.

Lifestyle and Amenities

Now, let's explore the wonderful lifestyle amenities our neighborhood has to offer. The closest Bus station, Eastbound 8th Ave @ 8th St, is just 0.02 km away from our property, making it an ideal location for public transportation enthusiasts. We're also surrounded by an abundance of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals, ensuring that you'll never be far from the essentials.

Demographics

Let's take a closer look at the demographics of our neighborhood. As of the last census, 27% of the population holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 14.9% of the population has no certificate or degree, which is Below Average. The median household income near our property is $47,232, which is Low compared to the British Columbia average. Additionally, the median personal income is $30,640, also Below Average. However, 48.1% of households in our area have a mortgage, which is Below Average.

Unemployment and Growth

Unemployment rates in our neighborhood are a mere 6.9%, which is Below Average compared to other province neighborhoods. This indicates a strong and stable economy. The population change between 2011 and 2016 was 7.5%, which is Above Average compared to average growth rates in this region. This suggests that our neighborhood is experiencing steady growth and development.

Real Estate Context

The average value of dwellings in our neighborhood is $444,053, which is Above Average compared to other areas in British Columbia. Average owner payments are also Below Average, with owners spending an average of $1,103 per month. Tenants in our area pay an average of $953 per month, which is Average compared to other cities.

Community and Lifestyle

As we explore our neighborhood, we find that 48% of the population are renters, which is High compared to other BC cities and areas. The majority of residents, 89.1%, speak English only, while 6.9% speak both English and French. Conversely, only 0.1% of residents speak French only, and 3.9% speak neither English nor French. The most common mode of transportation in our area is public transportation, with 28.6% of residents using buses, while 59% use cars, and 11.3% walk. Only 0.6% of residents use bicycles, which is Below Average.

In conclusion, 103 777 Eighth Street, New Westminster, BC (MLS^® R3052337) is a wonderful property in a safe, vibrant, and diverse community. With