504 534 Sixth St, New Westminster, BC, MLS^® R3070119

Welcome to 504 534 Sixth Street, a charming property nestled in the heart of New Westminster, BC, with MLS^® R3070119. As your trusted realtor, I'm excited to share with you the highlights of this incredible community.

Let's start with the education system. The property is serviced by Lord Kelvin Elementary School, a highly-rated institution with a 5.2/10 rating. Lord Kelvin Elementary is a short 0.79 km stroll from this home, providing families with easy access to quality education. For those seeking more options, Urban Academy, an independent elementary school with an impressive 8.9/10 rating, is just a 1.04 km walk away.

As we explore the community, you'll notice that the closest secondary independent school, Vancouver International College, is a mere 0.11 km from this home. While it doesn't have a rating, it's a convenient option for students in the area.

Now, let's talk about safety. The freshest crime data from Statistics Canada (2020) reveals that this neighborhood has an average crime rate of 6,761.11, which is typical for a urban area. However, it's essential to note that the year-by-year change in the total crime rate is -10.42%, indicating a downward trend. In terms of specific crime rates, drug crime is below average, with a rating of 134.4, and property crimes are average, with a rating of 3,807.97.

The neighborhood surrounding 504 534 Sixth Street also boasts an unemployment rate of 6.9%, which is below average compared to other provinces. This suggests a stable economy and a high quality of life for residents.

In terms of demographics, this community is home to a diverse population. According to the 2020 data, 27% of residents hold a university certificate or degree, which is above average in comparison with other BC neighborhoods. Conversely, 14.9% of the population has no certificate or degree, which is below average.

The median household income in this area is $47,232, which is low compared to the British Columbia average. However, the median personal income is $30,640, which is also below average. Notably, 48.1% of households in this census subdivision have a mortgage, which is below average.

Now, let's talk about lifestyle amenities. This property is situated in the heart of Uptown NW, where you'll find a vibrant mix of shops, restaurants, and entertainment options. The nearby Quay and Riverfront Park offer stunning views of the Fraser River and provide a peaceful escape from the hustle and bustle of city life.

The closest bus station is the Southbound 6th St @ 6th Ave, just 0.02 km away from this home. You can easily access major highways and public transportation, making it an ideal location for commuters.

In terms of housing, the average value of dwellings in this neighborhood is $444,053, which is above average compared to other areas in British Columbia. The average owner payments are below average, with owners spending $1,103 on average. Tenants are paying $953, which is average compared to other cities.

Lastly, 48% of the population in this district are renters, which is high compared to other BC cities and areas. English and French speakers make up 6.9% of the population, while English speakers only account for 89.1%. The neighborhood is also home to a diverse range of public transportation users, with 28.6% of the population using public transport, which is high.

In conclusion, 504 534 Sixth Street, New Westminster, BC, MLS^® R3070119, is a fantastic opportunity for families and individuals alike. With its excellent education system, low crime rates, and diverse community, this property offers a unique blend of quality of life and convenience. As your trusted realtor, I invite you to explore this charming neighborhood and make it your home.