702 8155 Capstan Way, Richmond, BC, MLS^® R2945337

Discover the Charm of 702 8155 Capstan Way, Richmond, BC

Welcome to 702 8155 Capstan Way, a beautiful home nestled in the vibrant community of Richmond, BC. As your trusted realtor, I'm excited to share with you the unique features of this property, from its excellent schools to its convenient location and desirable amenities.

Excellent Schools

Families with children will love this property, as it is serviced by R. C. Talmey Elementary School, with a rating of 5.2/10, located just 1.13 km away. Your children will thrive in this supportive learning environment. Additionally, the home is also close to A.R. MacNeill Secondary School, with a rating of No Rating, situated 3.11 km from the property.

For those seeking a more independent education, the Pythagoras Academy, an elementary independent school with a rating of No Rating, is just 0.97 km away, while the City Vancouver Academy, a secondary independent school with a rating of No Rating, is conveniently located 0.9 km from this home.

Safe and Family-Friendly Neighborhood

According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. The rate is measured as the number of incidents per 100,000 population. Notably, the year-by-year change in the total crime rate is -3.39%, indicating a downward trend.

Regarding specific types of crime, the neighborhood surrounding MLS^® R2945337 has a High rating for drug-related offenses, with a rating of 2,081.96. However, the year-by-year change in the illegal substances offenses ranking is 19.46%, which may be a cause for concern.

Average Property Crimes and Low Violent Crime Rate

In contrast, property crimes in this neighborhood are classified as Average, with a property misconduct rating of 3,238.66. This is based on the number of incidents in 2020. The year-by-year change in the property misconduct rate is -14.19%, indicating a reduction in these types of crimes.

Interestingly, the violent crime rate in this neighborhood is Low, with a rating of 919.25. This is particularly reassuring, as it suggests a safe environment for residents.

Convenient Location

The property's location is also noteworthy, as the closest Bus station, Westbound Capstan Way @ No. 3 Rd, is just 0.15 km away from MLS^® R2945337. This convenient access to public transportation makes it easy to get around the city.

Demographics

The neighborhood surrounding 702 8155 Capstan Way, Richmond, BC, has a unique demographic profile. Notably, 33.8% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. However, 12.9% of the population has no certificate or degree, which is Below Average compared to the BC average.

Median Income and Housing Trends

The median household income in this neighborhood is $42,061, which is Low compared to the British Columbia average. The median personal income is $20,189, also Low compared to the BC average. Furthermore, 54.8% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment Rate and Population Growth

The unemployment rate in this area is 5.6%, which is Low compared to other province neighborhoods. Interestingly, the population change between 2011 and 2016 was 7.2%, which is Above Average in comparison to average growth rates in this region.

Family Dynamics and Transportation

The average size of families in this area is 2.5, which is Low compared to the whole region. Additionally, 52.2% of families in this neighborhood have children, which is Below Average. However, 50.2% of the population is married or living common law, also Below Average.

Age Distribution and Housing Values

The average age of the population in this neighborhood is 46.7 years, which is High compared to other BC cities. The average value of dwellings in this neighborhood is $524,288, which is Above Average compared to other areas in British Columbia.

Owner and Tenant Payments

Average owner payments in this area are Average, with owners spending $1,177 on their dwellings. In contrast, tenants are paying $1,418 on average, which is High compared to other cities.

Renters and Language Diversity

35.9% of the population in this neighborhood are renters, which is Above Average compared to other BC cities and areas. Furthermore, 12.8% of the population speaks neither English nor French, which is High compared to other BC cities.

Transportation and Commuting

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