118 620 Eighth Ave, New Westminster, BC, MLS^® R3083201

Welcome to 118 620 Eighth Avenue, a charming property situated in the heart of New Westminster, BC, listed as MLS^® R3083201

As you step into this vibrant community, you'll discover a diverse and thriving neighborhood that offers the perfect blend of urban convenience and small-town charm. Let's start with the schools, a top priority for many families.

Lord Kelvin Elementary School

Just a short 0.64 km stroll from 118 620 Eighth Avenue lies Lord Kelvin Elementary School, servicing this property with a rating of 5.2/10. While the rating is an important factor, it's worth noting that every school has its unique strengths and weaknesses. For those seeking alternative education options, Our Lady of Mercy School, an independent elementary school with a stellar 10/10 rating, is conveniently located just 0.83 km away.

Secondary Education

For older students, Vancouver International College, a nearby secondary independent school with no rating available, is situated just 0.4 km from this property. This proximity ensures that students can easily access quality education without the need for lengthy commutes.

Safety First

When it comes to crime rates, Statistics Canada's 2020 report provides valuable insights. With a total crime rate of 6,761.11, this neighborhood falls into the Average category compared to other Canadian cities. While it's essential to acknowledge the presence of crime, the -10.42% year-over-year change in the total crime rate is a reassuring indicator of the community's commitment to safety.

Drug Crime Rate

The drug crime rate near 118 620 Eighth Avenue is Below Average, with a rating of 134.4 and 111 incidents in 2020. Furthermore, the -5.34% year-over-year change in the illegal substances offences ranking is a testament to the area's efforts to combat this issue.

Property Crimes

Property crimes in the neighborhood surrounding 118 620 Eighth Avenue are Average, with a rating of 3,807.97 and 3,145 incidents in 2020. The -11.79% year-over-year change in the property misconduct rate demonstrates the community's dedication to maintaining a secure environment.

Violent Crime Rate

While there were 1,143 violent lawbreaking disorders in 2020, the Average rate of 1,383.94 is a concerning figure. However, the -5.91% year-over-year change in the violent crime rate is a positive indication of the area's commitment to addressing this issue.

Convenience and Accessibility

Getting around the neighborhood is a breeze, with the Westbound 8th Ave @ 6th St bus station located just 0.09 km away from 118 620 Eighth Avenue, MLS^® R3083201.

Demographics

This neighborhood is home to a diverse population, with 27% of residents holding a university certificate or degree, ranking Above Average in comparison to other BC neighborhoods. In contrast, 14.9% of the population has no certificate or degree, which is Below Average compared to the province's average.

Income and Affordability

The median household income near 118 620 Eighth Avenue is $47,232, which is Low compared to the British Columbia average. Additionally, the median personal income is $30,640, which is Below Average. With 48.1% of households in the area having a mortgage, this is also Below Average.

Employment and Growth

Unemployment rates in the area surrounding 118 620 Eighth Avenue are 6.9%, which is Below Average compared to other province neighborhoods. The population change between 2011 and 2016 was 7.5%, which is Above Average.

Lifestyle and Community

This real estate is situated in the Uptown NW area, where the average size of families is 2.5, which is Low compared to the region. With 48% of families having children, this is also Below Average. The average age of the population is 51.1, which is High compared to other BC cities.

Real Estate Context

The average value of dwellings in this neighborhood is $444,053, which is Above Average compared to other areas in British Columbia. With average owner payments of $1,103 and tenant payments of $953, these are Below Average and Average, respectively.

Housing and Rentals

48% of the population in this district are renters, which is High compared to other BC cities and areas.

Language and Transportation

The language profile of the area surrounding 118 620 Eighth Avenue is diverse, with 6.9% of residents speaking both English and French, 89.1% speaking English only, and 0.1% speaking French only. With 3.9% of residents speaking neither English nor French, this is High compared to other BC cities. In terms