407 9200 Ferndale Rd, Richmond, BC, MLS^® R3072072

Welcome to 407 9200 Ferndale Road, a beautiful property nestled in the heart of Richmond, BC. As we step into this stunning home, you'll be surrounded by the tranquility of the McLennan North neighborhood. Let me take you on a tour and share with you the amazing features that make this place truly special.

Education

Families love this area because of the excellent schools nearby. Henry Anderson Elementary School, rated 6.9/10, is just a stone's throw away at 0.5 km from our property. This school offers a nurturing environment for young minds, and its proximity to our home makes it an ideal choice for families. (Listing MLS^® R3072072)

A.R. MacNeill Secondary School, also a short 0.75 km from our property, is another excellent option for students. While it doesn't have a public rating, its reputation speaks for itself. (Listing MLS^® R3072072)

For those seeking a more specialized educational experience, Pythagoras Academy, an independent elementary school, is just 1.51 km away. Although it doesn't have a public rating, its unique approach sets it apart. (Listing MLS^® R3072072)

City Vancouver Academy, an independent secondary school, is 1.66 km from our home, offering students a distinct learning environment. (Listing MLS^® R3072072)

Safety

According to the freshest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,826.57, which is comparable to other Canadian cities. The year-by-year change in the total crime rate is a welcome -3.39%. (Listing MLS^® R3072072)

While the drug crime rate in the area is higher than average, with a rating of 2,081.96 and 4,498 incidents in 2020, it's essential to note that this rate has seen a significant 19.46% increase year-over-year. (Listing MLS^® R3072072)

Property crimes in the neighborhood are considered average, with a rating of 3,238.66 and 6,997 incidents in 2020. This rate has seen a notable -14.19% change year-over-year. (Listing MLS^® R3072072)

Violent crime rates in this area are exceptionally low, with 919.25 incidents in 2020 and a -3.39% change year-over-year. This is reassuring for those seeking a safe community. (Listing MLS^® R3072072)

Demographics

This neighborhood is home to a diverse population, with 39.3% of residents holding a university certificate or degree, making it a hub for educated individuals. In contrast, only 11.7% of the population lacks a certificate or degree, which is lower than the average in BC. (Listing MLS^® R3072072)

With a median household income of $58,829, this area is below average compared to the British Columbia average. However, the median personal income of $22,743 is concerning, as it's lower than the average in BC. (Listing MLS^® R3072072)

Interestingly, 68.5% of households in this neighborhood have a mortgage, which is above average. (Listing MLS^® R3072072)

Transportation

The closest bus station to our property is Southbound Garden City Rd @ Ferndale Rd, located just 0.15 km away. While the unemployment rate in the area is a low 5.1%, it's worth noting that this is lower than the average in other provinces. (Listing MLS^® R3072072)

Lifestyle Amenities

This community offers a wide range of lifestyle amenities, including beautiful parks, beaches, and trails. Homeowners can also enjoy easy access to shopping malls, grocery stores, restaurants, and coffee shops, making it an ideal location for those who value convenience and quality of life.

Real Estate Context

The average value of dwellings in this neighborhood is an impressive $737,093, which is higher than the average in other areas of British Columbia. (Listing MLS^® R3072072)

Homeowners in this area pay an average of $1,473 per month in mortgage payments, while renters pay an average of $1,558 per month, making this a desirable location for those seeking a stable and secure living situation.

Rental Market

Interestingly, 17.2% of the population in this area are renters, which is below average compared to other BC cities and areas. (Listing MLS^® R3072072)

Language and Transportation

While 3.3% of the population in this area speaks neither English nor French, 81.8% speak only English, which is below average. (Listing MLS^® R3072072)

In terms of transportation, 20