601 7371 Westminster Hwy, Richmond, BC, MLS^® R3078074

Welcome to 601 7371 Westminster Highway, a stunning property located in the heart of Richmond, BC!

As we walk through this vibrant community, you'll notice the abundance of amenities and services that make it an ideal place to call home. Let's start with the schools, shall we?

Education at the Heart of Our Community

Located just 0.69 km from Samuel Brighouse Elementary School, which boasts a respectable rating of 6.5/10, this property is perfect for families with school-age children. Your little ones will thrive in this nurturing environment, where they can develop a love for learning that will last a lifetime. And if you're looking for a secondary school, Richmond Secondary School is just a short 1.06 km away, offering an excellent education for your teens.

But that's not all - the closest independent elementary school to this property is Pythagoras Academy, with its impressive 1.7 km proximity. And for secondary school students, City Vancouver Academy is just 1.92 km away, providing a world-class education that will prepare your children for success.

Safety First: A Low-Crime Community

Statistics Canada's 2020 report reveals that this neighbourhood has an average crime rate of 7,826.57 incidents per 100,000 population, which is well within the typical urban range. With a -3.39% year-over-year change in the total crime rate, you can rest assured that this community is a safe haven for you and your loved ones.

But what about drug crime rates? Unfortunately, this area has a High rating, with 2,081.96 incidents per 100,000 population, and a 19.46% year-over-year increase in illegal substances lawbreaking disturbances. However, we must note that property crimes are Average in this neighbourhood, with 3,238.66 incidents per 100,000 population, and a -14.19% year-over-year change in property misconduct rates.

And let's not forget about violent crime rates - with a Low rating of 919.25 incidents per 100,000 population, and a 0.06% year-over-year change, you can feel confident that this community prioritizes public safety.

Getting Around with Ease

Just 0.08 km away from this property is the Eastbound Westminster Hwy @ Alderbridge Way bus station, providing easy access to public transportation and making it simple to get around the city.

Demographics: A Thriving Community

With 33.8% of residents holding a university certificate or degree, this neighbourhood has a High level of educational attainment. However, 13% of the population has no certificate or degree, which is Below Average compared to the BC average.

The median household income in this area is $36,759, which is Low compared to the British Columbia average. Additionally, the median personal income is $18,514, also Low in comparison to the BC average. But don't worry - 55% of households in this area have a mortgage, which is Below Average.

Unemployment Rates: Average

With an unemployment rate of 8.8%, this area has an Average rate compared to other province neighbourhoods.

Population Growth: A Thriving Community

Between 2011 and 2016, the population in this area grew by 37.3%, which is High compared to the average growth rate of this region.

Population Density: High

With a population density of 4,066.2 people per square kilometre, this community is considered High in terms of population density.

Family Dynamics: A Supportive Community

Theaverage size of families in this area is 2.6, which is Low compared to the whole region. However, 54.5% of families in this area have children, which is Below Average. And with 55.7% of residents being married or living common law, this community values family bonds.

Age Distribution: Above Average

With an average age of 42.9 years, this area has an Above Average age distribution compared to other BC cities.

Housing Market: High Value

The average value of dwellings in this neighbourhood is $711,643, which is High compared to other areas in British Columbia.

Owner vs. Tenant: A Mix of Both

With 43.9% of residents being renters, this area has an Above Average percentage of renters compared to other BC cities. However, with an average owner payment of $1,392 and a tenant payment of $1,363, this area has a mix of both owner-occupied and rental properties.

Language Diversity: A Multicultural Community

With 2.9% of residents speaking English and French, and 79.7% speaking only English, this area has a diverse language profile. However, with 17.4% of residents speaking neither English