1502 420 Carnarvon St, New Westminster, BC, MLS^® R3056489

Let me take you on a tour of the vibrant community surrounding 1502 420 Carnarvon Street, New Westminster, BC, listed as MLS^® R3056489.

As we walk through the neighborhood, you'll notice the excellent educational options available for your family. The property is serviced by École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating, located just 0.37 km away from 1502 420 Carnarvon Street. For those seeking an independent education, Urban Academy is the closest elementary and secondary school, boasting a 8.9/10 rating and situated 0.41 km from this beautiful home for sale.

Now, let's talk about the safety and security of the area. The most recent crime data from Statistics Canada (2020) indicates an average crime rate of 6,761.11 incidents per 100,000 population, which is comparable to other Canadian cities. The neighborhood surrounding 1502 420 Carnarvon Street experiences a below-average rate of drug-related crimes, with a rating of 134.4 and 111 incidents in 2020. Furthermore, property crimes in the area are average, with 3,145 incidents reported in 2020.

As we explore the neighborhood further, you'll notice the excellent public transportation options. The closest bus station, Columbia Station @ Bay 1, is just 0.09 km away from this lovely home, making it convenient for commuters.

Now, let's dive into the demographics of the area. The neighborhood surrounding 1502 420 Carnarvon Street boasts a high percentage of residents with university certificates or degrees (37.7%), which is higher than the average in British Columbia. Conversely, the percentage of residents without a certificate or degree (5.8%) is lower compared to other areas in BC.

In terms of income, the median household income near this home is $63,502, which is average compared to other BC neighborhoods. However, the median personal income ($40,092) is above average, indicating a relatively high standard of living. Additionally, 80% of households in the area have a mortgage, which is considered high.

Unemployment rates in the area are low, standing at 5.4%, making it an attractive location for job seekers. The population growth rate in the Downtown NW area, where 1502 420 Carnarvon Street is located, has been high, with a growth rate of 19.4% between 2011 and 2016.

As we continue our tour, you'll notice the high population density in the area, with 9,970 people per square kilometer. Family sizes in the neighborhood are relatively small, with an average of 2.4 people per household, which is lower compared to the region as a whole.

In terms of housing, the average value of dwellings in the area is $345,210, which is average compared to other areas in British Columbia. The average owner payments are above average, with homeowners spending $1,396 per month on their dwellings. Tenants, on the other hand, pay $1,201 per month, which is also above average.

Finally, let's look at the transportation habits of the residents in the area. A high percentage of the population (47.3%) uses public transportation, while 45.8% rely on cars, and 1% use bicycles. Walking is also a popular mode of transportation, with 5.1% of the population choosing to walk.

As a seasoned realtor, I can confidently say that 1502 420 Carnarvon Street, New Westminster, BC, listed as MLS^® R3056489, is an excellent choice for those seeking a vibrant community with excellent educational options, low crime rates, and easy access to public transportation.