1620 Nanaimo St, New Westminster, BC, MLS^® R3085528

Welcome to 1620 Nanaimo Street, a stunning property located in the heart of New Westminster, BC. As your trusted realtor, I'm excited to guide you through this incredible neighborhood, highlighting its unique features, and sharing valuable insights to help you make an informed decision.

Schools

Just down the road, you'll find Lord Tweedsmuir Elementary School, a highly-rated institution with a 6.5/10 rating. This school is just 0.31 km from our property, making it an ideal choice for families. Our Lady of Mercy School, an independent elementary school with a 10/10 rating, is also within a short distance of 1.2 km. For secondary education, St. Thomas More Collegiate, an independent school with no rating, is approximately 1.23 km away.

Crime

When it comes to safety, our neighborhood has an Average crime rate compared to other Canadian cities, with 6,761.11 incidents per 100,000 population in 2020. According to Statistics Canada's 2020 report, our neighborhood has seen a -10.42% year-by-year change in total crime rate, indicating a stable and secure environment. Specifically, the drug crime rate is Below Average, with a rating of 134.4 and 111 illegal substances lawbreaking disturbances in 2020. Property crimes are also Average, with 3,807.97 incidents and 3,145 in 2020, a -11.79% year-by-year change. Violent lawbreaking disorders have decreased by -5.91% year-over-year, with 1,143 incidents in 2020.

Demographics

Our neighborhood is home to a diverse population, with 29.8% holding a university certificate/degree, Above Average compared to other BC neighborhoods. Conversely, 12.1% of the population has no certificate or degree, Low compared to the average in BC. The median household income is $90,112, Above Average compared to the British Columbia average. The median personal income is $37,895, also Above Average. Interestingly, 57.6% of households have a mortgage, Average compared to other neighborhoods.

Transit

Just a short walk away is the Westbound 6th Ave @ 16 St bus station, 0.09 km from our property, making it convenient for commuters.

Lifestyle Amenities

Our neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With a High population density of 4,304.3 people per square kilometer, you'll never be far from the action.

Real Estate Context

The average size of families in our neighborhood is 3, Above Average compared to the whole region. With 67.7% of families with children, it's an ideal area for growing families. The average age of the population is 39.5, Below Average compared to other BC cities. The average value of dwellings is $1,061,615, High compared to other areas in British Columbia. Notably, average owner payments are High, with $1,653 spent on the dwelling. Tenants are paying $1,164, Above Average compared to other cities.

Rental Market

With 32.5% of the population renting, Above Average compared to other BC cities and areas, our neighborhood offers a range of rental options.

Language and Transportation

The majority of residents speak English only, with 89.3% of the population, Average compared to other BC cities. Conversely, 8.2% of the population speaks both English and French, Average compared to other neighborhoods. Interestingly, 2.5% of the population speaks neither English nor French, Above Average compared to other BC cities. When it comes to transportation, 25.7% of the population uses public transport, High compared to other areas. Conversely, 67.6% of the population uses cars, Low compared to other areas.

If you're looking for a safe, diverse, and convenient neighborhood with a range of lifestyle amenities, look no further than 1620 Nanaimo Street, New Westminster, BC, MLS^® R3085528. As your trusted realtor, I'm here to guide you through the process and help you find your dream home.