702 719 Princess St, New Westminster, BC, MLS^® R3075076

Welcome to 702 719 Princess Street, a charming home in the heart of New Westminster, BC

As we step into this beautiful property, I'm excited to share with you the wonderful features of this neighborhood. With its excellent schools, safe community, and convenient location, 702 719 Princess Street is the perfect place to call home.

Education

Let's start with the schools. Our home is serviced by Lord Kelvin Elementary School, which is just a 0.62 km stroll away. With a rating of 5.2/10, Lord Kelvin is a solid choice for families. Just down the road, you'll also find Our Lady of Mercy School, an independent elementary school with a impressive rating of 10/10.

For secondary education, Vancouver International College is conveniently located just 0.13 km away, making it an ideal option for students.

Safety

The safety of our community is paramount. According to the latest statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 6,761.11, which is in line with other Canadian cities. In fact, the overall crime rate has decreased by 10.42% over the years, making our community an even safer place to live.

When it comes to drug-related crimes, our neighborhood has a below-average rate of 134.4, with a decrease of 5.34% in the past year. Property crimes are also average, with a rate of 3,807.97 and a decrease of 11.79% in the past year.

Demographics

Our community is diverse and welcoming, with a range of demographics that make it an attractive place to live. According to the latest data, 27% of residents have a university certificate or degree, which is above average for British Columbia. On the other hand, 14.9% of residents have no certificate or degree, which is below average.

The median household income in our neighborhood is $47,232, which is lower than the British Columbia average. However, with a median personal income of $30,640 and an unemployment rate of 6.9%, our community is a great place to start or grow a career.

Lifestyle Amenities

When it comes to lifestyle amenities, our neighborhood has plenty to offer. With the Southbound 6th St @ 7th Ave bus station just 0.13 km away, getting around is easy. We're also close to a range of parks, beaches, and trails, making it easy to stay active and enjoy the great outdoors.

Real Estate Context

The real estate market in our neighborhood is thriving, with an average dwelling value of $444,053, which is above average for British Columbia. The average owner payments are below average, with owners spending an average of $1,103 per month. Tenants, on the other hand, are paying an average of $953 per month, which is average for the area.

Community

Our community is a vibrant and diverse place, with a range of cultural and linguistic backgrounds. According to the latest data, 48% of residents are renters, which is higher than the British Columbia average. The majority of residents speak English only, with 89.1% of the population speaking English as their first language.

Getting Around

Getting around our neighborhood is easy, with a range of transportation options available. 28.6% of residents use public transport, which is higher than the British Columbia average. 59% of residents use cars, which is lower than the average. 0.6% of residents use bicycles, which is below average, and 11.3% of residents walk, which is higher than the average.

In conclusion, 702 719 Princess Street is a wonderful home in a safe and vibrant community. With its excellent schools, convenient location, and range of lifestyle amenities, it's the perfect place to call home.

Contact me, your trusted realtor, to schedule a viewing today!

MLS^® R3075076