7380 Parkwood Dr, Surrey, BC, MLS^® R3070016

Welcome to 7380 Parkwood Drive, a beautiful home in Surrey, BC, listed as MLS^® R3070016

As we step into this charming community, I'd like to share with you the wonderful aspects of living in this lovely neighborhood. Let's start with the schools, a top priority for many families. The property is serviced by Dr. F. D. Sinclair Elementary School, which is just a short 0.19 km away. This school has an impressive rating of 5.8/10, making it a great choice for families who value education. Just down the road, you'll also find Princess Margaret Secondary School, a 0.41 km walk from this home, with a rating of No Rating.

In addition to these wonderful schools, this home is also close to independent schools that cater to students of all ages. The Surrey Muslim School, with a rating of 7.7/10, is just a 1.21 km drive away, making it an excellent option for families seeking a more personalized education. For secondary education, Regent Christian Academy, rated 8.1/10, is a 4.82 km drive from this property, offering a unique and supportive learning environment.

A Safe and Thriving Community

Now, let's talk about the neighborhood's safety and security. According to Statistics Canada's 2020 report, the overall crime rate in this area is 7,512.73, which is considered Average compared to other Canadian cities. This means that residents of 7380 Parkwood Drive can feel safe and secure in their community. In fact, the year-by-year change in the total crime rate is -12.05%, indicating a downward trend in crime rates.

A Thriving Community with Access to Amenities

This home is located in the heart of West Newton, a vibrant community with a diverse range of amenities and activities. Just a 0.15 km walk from your front door, you'll find the Northbound 128 St @ 74 Ave bus station, making it easy to get around the city. Whether you're a student, a professional, or a family, this home offers the perfect blend of convenience and community.

Demographics and Lifestyle

The neighborhood surrounding 7380 Parkwood Drive is a diverse and vibrant community. According to the latest census data, 15.7% of residents hold a university certificate or degree, which is Average compared to other BC neighborhoods. However, 28.4% of the population has no certificate or degree, indicating a strong need for education and skills training in the area. The median household income is $75,154, which is Average compared to the BC average. Additionally, the median personal income is $21,751, which is Low compared to the BC average. However, 74.2% of households in the area have a mortgage, indicating a high level of homeownership.

Unemployment and Population Growth

The unemployment rate in the area surrounding 7380 Parkwood Drive is 9.3%, which is Above Average compared to other province neighborhoods. However, the population change between 2011 and 2016 was -0.5%, indicating a slight decline in population growth. Despite this, the neighborhood remains a vibrant and thriving community, with a population density of 1903.9 people per square kilometer, which is Above Average compared to other areas.

Family-Friendly and Affordable

This home is situated in a family-friendly neighborhood, with an average family size of 3.2, which is High compared to the whole region. Additionally, 81.5% of families in the area have children, and 62% of residents are married or living common law, which is Above Average. The average age of the population is 36.3, which is Low compared to other BC cities. This makes it an ideal location for young families and professionals who value community and convenience.

Real Estate Insights

The average value of dwellings in the neighborhood surrounding 7380 Parkwood Drive is $719,241, which is High compared to other areas in British Columbia. However, the average owner payments are High, with owners spending an average of $1,726 per month on their mortgage. Tenants in the area pay an average of $963 per month, which is Average compared to other cities. Additionally, 36% of the population in the area are renters, which is Above Average compared to other BC cities and areas.

Language and Transportation

The neighborhood surrounding 7380 Parkwood Drive is a culturally diverse community, with 2.4% of residents speaking English and French, and 14.7% speaking neither language. However, 82.7% of residents speak only English, which is Below Average compared to other BC cities. In terms of transportation, 16.6% of residents use public transport, which is Above Average,