113 Eighth Ave, New Westminster, BC, MLS^® R3051950

Welcome to 113 Eighth Avenue, New Westminster, BC - a vibrant and convenient community nestled in the heart of British Columbia!

As we step into this charming neighborhood, you'll discover a haven that offers the perfect balance of tranquility and urban convenience. Let's take a stroll around and explore what makes this area so special.

Education: A Strong Foundation for Families

We're proud to say that this community is served by Herbert Spencer Elementary School, a reputable institution with a rating of 6.6/10. Located just 0.38 km from your new home, MLS^®R3051950, this school provides an excellent education for your little ones. If you're looking for alternative options, John Knox Christian School is just 0.73 km away, boasting a fantastic rating of 9.2/10.

Safety and Security: A Peace of Mind

According to the latest statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 6,761.11, placing it in the average category compared to other Canadian cities. With a focus on community policing and a strong sense of neighborhood watch, you can rest assured that you and your loved ones are safe and secure. The nearest bus station, Eastbound 8th Ave @ 2nd St, is just 0.07 km away, offering convenient transportation options.

Demographics: A Thriving Community

This neighborhood is home to a diverse population with a high percentage of university-educated residents (31.3%), well above the average in BC. With a median household income of $74,176, you'll find a strong sense of community and a diverse range of professionals and families calling this area home. The unemployment rate is a low 4.1%, making it an attractive option for those looking for job opportunities.

Lifestyle Amenities: Enjoy the Best of Both Worlds

Imagine being just a short stroll away from beautiful parks, beaches, and trails, where you can connect with nature and stay active. Our neighborhood boasts an impressive 3705.6 people per square kilometre, ensuring a lively and engaging community atmosphere. With a range of shopping malls, grocery stores, restaurants, and coffee shops nearby, you'll have everything you need to enjoy a comfortable and convenient lifestyle.

Real Estate Context: A Prime Investment Opportunity

The average value of dwellings in this neighborhood is a substantial $1,003,460, making it a prime investment opportunity for those looking to purchase a property. With a high percentage of homeowners (64.2%), you'll find a strong sense of community and a stable property market. Average owner payments are $1,795 per month, while tenants pay $823, making it an attractive option for investors.

Let's Explore Further:

• Population change between 2011 and 2016 was 5.2%, above average for the region.
• Average family size is 2.9, with 62.6% of families having children, above average for the area.
• The average age of the population is 42.9, above average for BC.
• 41.4% of the population are renters, above average for BC cities.
• 20.6% of the population use public transport, 66.2% use cars, and 9.4% walk, making it a convenient and accessible area.

Welcome to 113 Eighth Avenue, New Westminster, BC - a community that truly has something for everyone. Whether you're a first-time buyer, a growing family, or an investor, this property with MLS^®R3051950 is an excellent choice. Contact me today to schedule a viewing and make this vibrant neighborhood your home!