2706 898 Carnarvon St, New Westminster, BC, MLS^® R3071412

Welcome to 2706 898 Carnarvon Street in the vibrant community of New Westminster, BC! As your trusted realtor, I'm excited to guide you through the features and amenities that make this property a sought-after home for sale. With MLS listing R3071412, this stunning residence offers the perfect blend of comfort, convenience, and lifestyle.

Located just a short 1.04 km from École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating, this property is ideal for families. And if you're looking for an independent school option, the Urban Academy is just 1.02 km away, boasting an impressive 8.9/10 rating. For older students, Purpose Independent Secondary School is conveniently located just 0.27 km from this address.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has a relatively low crime rate of 6,761.11 incidents per 100,000 population, which is considered Average compared to other Canadian cities. Furthermore, the neighbourhood has seen a significant drop in crime rates, with a year-over-year change of -10.42%. You can rest assured that you'll enjoy peace of mind living in this community.

Moving on to lifestyle amenities, you'll appreciate the proximity to New Westminster Station @ Bay 10, just 0.03 km away from this property. With public transportation at your doorstep, commuting to work or exploring the city has never been easier.

Now, let's dive into the demographics of this neighbourhood. With 32.7% of residents holding a university certificate or degree, this area boasts an Above Average proportion of educated individuals. On the other hand, only 8.2% of the population has no certificate or degree, which is considered Low compared to the average in BC.

In terms of income, the median household income in this area is $68,312, which is Average in comparison to the British Columbia average. However, the median personal income is $38,773, which is Above Average in comparison to the BC average. Interestingly, 65.2% of households in this area have a mortgage, which is Above Average.

Unemployment rates in the area are also a positive indicator, with a rate of 5.4%, which is considered Low in comparison to other province neighbourhoods.

This property is located in the vibrant Downtown NW area, where population growth between 2011 and 2016 was a moderate 1%. While this growth rate is Average, the surrounding area is known for its high population density, with 6,919.1 people per square kilometre.

As a family-friendly community, the average size of families in this area is 2.4, which is considered Low in comparison to the whole region. However, 41.9% of families in this area have children, which is Low. Additionally, 53.2% of the population is married or living common law, which is Below Average.

The average age of the population in this area is 42.8, which is Above Average in comparison to other BC cities.

In terms of real estate, the average value of dwellings in this neighbourhood is $408,333, which is Above Average compared to other areas in British Columbia.

Now, let's talk about housing costs. Average owner payments in this area are Above Average, with owners spending an average of $1,342 per month. Tenants, on the other hand, pay an average of $1,283 per month, which is also Above Average.

Interestingly, 35.5% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Language-wise, 7% of the population speaks both English and French, which is Average. However, 90.5% of the population speaks only English, which is also Average. On the other hand, only 0.1% of the population speaks only French, which is considered Low.

Lastly, let's talk about transportation. A whopping 39.4% of the population in this area uses public transport, which is High. In contrast, only 53% of the population uses cars, which is Low. A mere 0.7% of the population uses bicycles, which is Below Average. And finally, 5.1% of the population walks, which is Average.

With all these advantages, 2706 898 Carnarvon Street is an excellent choice for anyone looking for a convenient, family-friendly home in the heart of New Westminster. Don't miss out on this fantastic opportunity – contact me today to schedule a viewing!