727 Fourth Ave, New Westminster, BC, MLS^® R3080584

Welcome to 727 Fourth Avenue, a beautiful home nestled in the heart of New Westminster, BC. As your trusted realtor, I'm excited to share with you the unique features and advantages of this charming property, located at 727 Fourth Avenue, New Westminster, BC, with the MLS listing number R3080584.

Let's start with the schools. Herbert Spencer Elementary School, rated 6.6/10, is just a short 0.46 km away from this home for sale. Families love this area because of its excellent educational resources. Just down the road, you'll find John Knox Christian School, an independent elementary school with a stellar rating of 9.2/10, located 1.03 km from this home. And for secondary education, Vancouver International College is nearby, with a convenient 0.52 km distance.

Now, let's talk about the safety of the area. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 6,761.11 incidents per 100,000 population, which is typical for an urban area. However, the drug crime rate 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. The violent crime rate is average, with 1,143 incidents in 2020 and a rating of 1,383.94. Overall, this area offers a safe and secure environment for you and your loved ones.

As we explore the demographics of the neighborhood, you'll find that 31.3% of the population holds a university certificate or degree, which is above average in comparison to other BC neighborhoods. On the other hand, 11.9% of the population has no certificate or degree, which is lower than the average in BC. The median household income is $74,176, which is average compared to the British Columbia average. However, the median personal income is $40,096, which is above average in comparison to the BC average. Furthermore, 64.2% of households in this area have a mortgage, which is above average.

In terms of lifestyle amenities, this neighborhood offers a wide range of options. The closest bus station, Eastbound 8th Ave @ 4th St, is just 0.07 km away from this home. You'll also find several parks, beaches, and trails within walking distance, making it an ideal location for outdoor enthusiasts. For shopping and dining, you're just a short drive or bus ride away from the city center.

As we discuss the real estate context, you'll notice that the average value of dwellings in this neighborhood is $1,004,360, which is high compared to other areas in British Columbia. The average owner payments are also high, with $1,795 spent on average for the dwelling. Tenants, however, are paying $823, which is below average. Additionally, 41.4% of the population in this area are renters, which is above average compared to other BC cities and areas.

In terms of transportation, 20.6% of the population uses public transport, which is above average. On the other hand, 66.2% of the population uses cars, which is low. 2.2% of the population uses bicycles, which is above average, and 9.4% of the population walks, which is also above average.

In conclusion, 727 Fourth Avenue, New Westminster, BC, with the MLS listing number R3080584, offers a unique combination of excellent schools, safe environment, and convenient lifestyle amenities. Whether you're a family looking for a secure and educational environment or an individual seeking a convenient and accessible location, this property is an excellent choice. I invite you to experience the charm and character of this home for yourself and make it your dream home.

As your trusted realtor, I'll be happy to guide you through the buying process and ensure a smooth and stress-free transaction. Don't hesitate to reach out to me with any questions or to schedule a viewing. I look forward to working with you!