118 7431 Minoru Blvd, Richmond, BC, MLS^® R3077016

Imagine walking into the vibrant community of Richmond, where 118 7431 Minoru Boulevard stands as a stunning property for sale, MLS^® R3077016. As we step into this beautiful home, let's explore the fantastic schools that make this neighborhood a top choice for families.

First, W D Ferris Elementary School is just a stone's throw away from this incredible property, with a distance of 0.62 km. Although this school has a rating of No Rating, families love the strong sense of community and excellent educational opportunities it provides.

Just down the road, you'll find Richmond Secondary School, a highly-rated institution with a rating of No Rating. With a location that's just 0.26 km from 118 7431 Minoru Boulevard, this school is an easy commute for students.

But what about independent schools? Don't worry, we've got that covered too. St. Paul School, an exceptional elementary independent school, is just 0.96 km from this home for sale. With a stellar rating of 10/10, parents can trust that their children will receive an outstanding education. For secondary education, City Vancouver Academy is just 2.9 km away, offering a unique learning experience.

Now, let's talk about the safety of this neighborhood. According to the latest crime data from Statistics Canada (2020), there were 16,909 reported disturbances in the area. While this number might seem high, the overall crime rate near 118 7431 Minoru Boulevard, Richmond, BC is 7,826.57, which is Average compared to other Canadian cities. In fact, the crime rate has seen a positive change of -3.39% year-over-year.

When it comes to specific types of crime, the rates near MLS^® R3077016 are worth noting. The drug crime rate is High, with a rating of 2,081.96, and 4,498 reported incidents in 2020. Year-over-year, the illegal substances offenses ranking has seen a significant increase of 19.46%. However, property crimes in the neighborhood are Average, with a rating of 3,238.66 and 6,997 reported incidents in 2020. The year-over-year change in property misconduct rate has seen a decline of -14.19%.

Violent crimes in the area are Low, with a rate of 919.25 and only 1,986 reported incidents in 2020. This is a welcome relief for families looking for a safe community.

As we explore the lifestyle and amenities of this neighborhood, let's start with transportation. Just a short distance from 118 7431 Minoru Boulevard, the Southbound No. 3 Rd @ General Currie Rd bus station is within a 0.35 km radius, making it easy to get around without a car.

Now, let's dive into the demographics of this community. With 34.9% of the population holding a university certificate or degree, this neighborhood is considered High in comparison to other BC neighborhoods. Conversely, 13.9% of the population has no certificate or degree, which is Below Average compared to the average in BC.

When it comes to income, the median household income near 118 7431 Minoru Boulevard, Richmond, BC is $57,280, which is Below Average in comparison to the British Columbia average. The median personal income is $26,549, also Low compared to the BC average. However, the percentage of households with a mortgage is 53.8%, which is Below Average.

Unemployment rates in the area are also noteworthy, with a rate of 6.4%, which is Below Average compared to other province neighborhoods.

As we look at the population growth in this community, we see that the population change between 2011 and 2016 was 1.4%, which is Average compared to the average growth rate of this region.

Population density in this community is High, with 10,667.2 people per square kilometer. Average family size in the area is 2.7, which is Below Average compared to the whole region. However, 63.2% of families have children, making this neighborhood Above Average in terms of family dynamics. Married or living common law couples make up 55.7% of the population, which is Below Average.

Average age of the population in this community is 45.9, which is High compared to other BC cities. Average value of dwellings in this neighborhood is $467,720, which is Above Average compared to other areas in British Columbia.

When it comes to homeowner and tenant payments, average owner payments are Below Average, with $1,067 spent on dwellings. Tenants, however, are paying $1,186, which is Above Average compared to other cities.

Renters make up 25.4% of the population in this district, which