506 610 Victoria St, New Westminster, BC, MLS^® R3072253

Welcome to 506 610 Victoria Street in the heart of New Westminster, BC, where you'll find a unique blend of urban charm and small-town warmth. As we walk through this vibrant neighborhood, I'm excited to share with you the benefits of calling this address home.

Let's start with the schools. Your children will thrive at École Qayqayt Elementary, rated 7.2/10, just a short 0.53 km from our listing MLS^® R3072253. If you're looking for an alternative, Urban Academy, an independent elementary school with a stellar 8.9/10 rating, is just 0.52 km away. And for secondary education, Purpose Independent Secondary School, with its No Rating, is conveniently located only 0.26 km from this address.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 506 610 Victoria Street, New Westminster, BC has an average crime rate of 6,761.11 incidents per 100,000 population, which is comparable to other Canadian cities. While there were 5,584 disturbances in the area, the overall crime rate is considered Average. However, it's reassuring to know that the year-over-year change in the total crime rate is a -10.42% decrease.

In terms of specific crimes, the drug crime rate in this area is Below Average, with a rating of 134.4 and 111 incidents in 2020. Additionally, the property crime rate is Average, with a rating of 3,807.97 and 3,145 incidents in 2020. Lastly, the violent crime rate is Average, with a rating of 1,383.94 and 1,143 incidents in 2020.

As we explore the neighborhood, you'll find convenient public transportation options, including the Northbound 6th St @ Carnarvon St bus station, just 0.04 km away from our listing MLS^® R3072253. This makes commuting to work or school a breeze.

Now, let's dive into the demographics of the area. The neighborhood surrounding 506 610 Victoria Street, New Westminster, BC is home to a diverse population, with 37.7% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 5.8% of the population in this area has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $63,502, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $40,092, which is Above Average in comparison to the BC average. Additionally, 80% of households in the area have a mortgage, which is High.

Unemployment rates in the area are Low, at 5.4%, making it an attractive location for job seekers. The population change between 2011 and 2016 was a significant 19.4%, which is High compared to the average growth rate of the region.

As we walk through the neighborhood, you'll notice a high population density of 9,970.8 people per square kilometer, which is High. The average family size in the area is 2.4, which is Low compared to the whole region. Additionally, 36.5% of families in the area have children, which is Low. However, 51.5% of the population is married or living common law, which is Below Average.

The average age of the population in the area is 39.4, which is Below Average compared to other BC cities.

When it comes to real estate, the average value of dwellings in the neighborhood is $345,210, which is Average compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,396 on average for their dwellings. Tenants, on the other hand, are paying $1,201 on average, which is Above Average compared to other cities.

Interestingly, 37.7% of the population in the area are renters, which is Above Average compared to other BC cities and areas. Additionally, 47.3% of the population uses public transportation, which is High. Meanwhile, 45.8% of the population uses cars, which is Low. 1% of the population uses bicycles, and 5.1% of the population walks, which is Average.

In conclusion, 506 610 Victoria Street, New Westminster, BC, MLS^® R3072253 is an excellent location for those looking for a vibrant and convenient lifestyle. With its proximity to top-rated schools, public transportation options, and a diverse community, this address offers the perfect blend of urban charm and small-town warmth.