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

Welcome to 113 Eighth Avenue, a charming home nestled in the heart of New Westminster, BC. As we walk through this beautiful community, you'll discover the perfect blend of convenience, amenities, and natural beauty.

Let's start with the schools. Herbert Spencer Elementary School is just a short 0.38 km away from this property, offering your kids a top-rated education with a 6.6/10 rating. For independent school options, John Knox Christian School is a 0.73 km walk, boasting a 9.2/10 rating. If you're looking for a secondary school, Vancouver International College is just 0.92 km away.

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighbourhood has an average crime rate of 6,761.11 incidents per 100,000 population. While this may seem high, it's essential to note that it's actually the average rate for Canadian cities. What's more reassuring is that the crime rate has decreased by 10.42% year-over-year. In terms of specific crime types, drug crime rates are below average in this area, with a rating of 134.4 and 111 incidents in 2020. Property crimes are average, with a rating of 3,807.97 and 3,145 incidents in 2020. Lastly, violent crime rates are also average, with a rating of 1,383.94 and 1,143 incidents in 2020.

Now, let's explore the community's demographics. You'll find that 31.3% of residents in this area have a university certificate or degree, which is above average in BC. On the other hand, only 11.9% of the population has no certificate or degree, which is low compared to the province as a whole.

In terms of income, the median household income is $74,176, which is average compared to BC. However, the median personal income is $40,096, which is above average. What's more, 64.2% of households in this area have a mortgage, which is above average.

As for transportation, the closest bus station is Eastbound 8th Ave @ 2nd St, just 0.07 km away from this property. Unemployment rates in this area are also low, at 4.1%, which is a great plus.

Now, let's talk about the community itself. Population growth between 2011 and 2016 was 5.2%, which is above average. Population density is high, with 3,705.6 people per square kilometre. Family sizes are average, with an average of 2.9 people per household. However, 62.6% of families in this area have children, which is above average.

In terms of age, the average age of the population is 42.9, which is above average in BC. You'll also find that 54.3% of the population is married or living common law, which is below average.

Real estate-wise, the average value of dwellings in this area is $1,004,360, which is high compared to other areas in BC. Average owner payments are also high, at $1,795 per month. On the other hand, tenant payments are below average, at $823 per month. What's more, 41.4% of the population in this area are renters, which is above average.

Lastly, let's talk about transportation. 20.6% of the population in this area uses public transportation, which is above average. 66.2% of the population uses cars, which is low. 2.2% of the population uses bicycles, which is above average. And 9.4% of the population walks, which is also above average.

As you can see, 113 Eighth Avenue, New Westminster, BC is a fantastic community to call home. With its blend of convenience, amenities, and natural beauty, it's the perfect place to raise a family or live a vibrant lifestyle. Whether you're a first-time buyer or a seasoned homeowner, this property is sure to impress. Don't miss out on this opportunity to own a piece of paradise. Contact me today to schedule a viewing and make 113 Eighth Avenue, New Westminster, BC, MLS^® R3051950 your dream home.