508 618 Carnarvon St, New Westminster, BC, MLS^® R3082376

Welcome to 508 618 Carnarvon Street, a stunning property located in the heart of New Westminster, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible home.

First, let's talk about the excellent schools in the area. Your children will have access to École Qayqayt Elementary, a highly-rated school with a rating of 7.2/10, located just 0.57 km from your doorstep. For those looking for an independent education, Urban Academy is also nearby, with a rating of 8.9/10. And for secondary education, Purpose Independent Secondary School is just a short 0.22 km away.

Now, let's dive into the safety and security of the area. According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 508 618 Carnarvon Street, New Westminster, BC, has an overall crime rate of 6,761.11, which is Average compared to other Canadian cities. The rate of incidents per 100,000 population is a key indicator of safety, and in this case, it's Average. Furthermore, the year-by-year change in the total crime rate is -10.42%, indicating a decrease in crime over time.

When it comes to specific types of crime, the neighbourhood around MLS^® R3082376 is considered Below Average in terms of drug-related offenses, with a rating of 134.4. Additionally, property crimes are Average, with a rating of 3,807.97. Violent lawbreaking disorders are also Average, with a rate of 1,383.94.

As for transportation, the property is conveniently located near the Northbound 6th St @ Carnarvon St bus station, just 0.08 km away. This makes it easy to get around the city without a car.

Now, let's talk about the demographics of the area. A significant percentage of residents in this neighbourhood have a university certificate or degree, with 37.7% of the population holding a degree. This is High compared to other BC neighbourhoods. On the other hand, 5.8% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in the area is $63,502, which is Average compared to other BC neighbourhoods. However, the median personal income is $40,092, which is Above Average compared to the BC average. Additionally, 80% of households in this census subdivision have a mortgage, which is High compared to other areas.

Unemployment rates in the area are Low, at 5.4%, making it an attractive location for those looking for job opportunities.

The population growth in this area is also noteworthy, with a growth rate of 19.4% between 2011 and 2016, which is High compared to average growth rates in this region.

In terms of family dynamics, the average size of families in the area is 2.4, which is Low compared to the average in BC. Additionally, 36.5% of families in the area have children, which is Low compared to other areas. However, 51.5% of residents are married or living common law, which is Below Average compared to other BC cities.

The average age of the population in this 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 this neighbourhood is $345,210, which is Average compared to other areas in BC. Owner payments are Above Average in this area, with an average of $1,396 per month. Renter payments are also Above Average, with an average of $1,201 per month.

Finally, 37.7% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

In conclusion, 508 618 Carnarvon Street, New Westminster, BC, is a fantastic property located in a safe and convenient area. With excellent schools, low crime rates, and a strong sense of community, this home is an ideal choice for families and individuals alike. As your trusted realtor, I would be happy to answer any questions you may have and help you make this property your dream home.