827 Chestnut St, New Westminster, BC, MLS^® R3071334

Welcome to 827 Chestnut Street, a beautiful home for sale in the heart of New Westminster, BC! As your trusted realtor, I'm excited to take you on a tour of this stunning property and highlight all the amazing features and benefits it has to offer.

First, let's talk about the schools. Your child will thrive at F.W. Howay Elementary School, which is only a 0.77 km walk from 827 Chestnut Street. With a rating of 6.5/10, this school is a great choice for families looking for a supportive and academically rigorous environment. If you're looking for an independent school option, St. Michaels School is just 0.92 km away and boasts a rating of 9.9/10.

Now, let's talk about the safety of the neighborhood. With 5,584 reported disturbances in 2020, this area is relatively quiet and peaceful. According to Statistics Canada's 2020 report, the overall crime rate near 827 Chestnut Street is 6,761.11, which is average compared to other Canadian cities. However, the drug crime rate is below average, with a ranking of 134.4. Additionally, property crimes are also average, with a rating of 3,807.97.

In terms of demographics, this neighborhood is characterized by a high percentage of university-educated residents, with 33.6% holding a university certificate or degree. This is a great indicator of a strong, community-driven area. The median household income is also above average, at $84,130. Meanwhile, the median personal income is high, at $43,799.

When it comes to transportation, you'll be just a short 0.15 km walk from the Westbound E 8th Ave @ Cherry St bus station. This makes it easy to get around New Westminster and beyond. With a low unemployment rate of 6.5%, this area is also a great option for those looking for job opportunities.

This home for sale at 827 Chestnut Street is located in The Heights NW, a vibrant and growing neighborhood. Between 2011 and 2016, the population change was a respectable 9.5%, which is high compared to the average growth rate of the region. With a population density of 4,442.1 people per square kilometer, this area is bustling with activity.

In terms of family dynamics, the average family size in the area is 2.7, which is below average. However, the percentage of families with children is still relatively high, at 52.2%. The average age of the population is 44.3, which is above average.

Now, let's talk about the real estate. The average value of dwellings in this neighborhood is a impressive $669,254, which is high compared to other areas in British Columbia. With average owner payments of $1,487, this is an above-average option for those looking to invest in a home.

As for the renters, they are paying an average of $1,302 per month, which is also above average. With 21% of the population renting, this area is a great option for those looking for a mix of ownership and rental opportunities.

Finally, let's talk about the transportation options. 21.3% of the population uses public transport, which is above average. Meanwhile, 71.3% of the population uses cars, which is below average. With 0.9% of the population using bicycles and 4.9% walking, this area is well-suited for those who prioritize staying active and healthy.

I hope this tour has given you a sense of the many amazing features and benefits of 827 Chestnut Street. As your trusted realtor, I'm happy to answer any questions you may have and help you make this home your dream come true. Don't hesitate to contact me today to schedule a viewing of this incredible property!

MLS^® R3071334

827 Chestnut Street, New Westminster, BC