1005 Fifth Ave, New Westminster, BC, MLS® R2937224

As we stroll through this charming neighborhood, I'm thrilled to share with you the unique features that make 1005 Fifth Avenue a sought-after address. This beautiful property, listed as MLS® R2937224, offers the perfect blend of comfort, convenience, and community spirit.

Let's start with the schools. Lord Kelvin Elementary School, rated 5.2/10, is conveniently located just 0.45 km from this home. For families who value education, this school is an excellent choice. Plus, Our Lady of Mercy School, an independent elementary school with a stellar rating of 10/10, is just a 1.06 km walk away. For secondary education, Vancouver International College is a short 0.56 km stroll from this property.

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 6,761.11, which is typical of urban areas. However, the rate of drug-related crimes is below average, with a rating of 134.4 and 111 incidents in 2020, a decrease of 5.34% from the previous year. Property crimes are also average, with a rating of 3,807.97 and 3,145 incidents in 2020, a decrease of 11.79%.

This vibrant neighborhood is home to a diverse population, with 26.1% of residents holding a university certificate or degree, which is above average in BC. However, 13.6% of the population has no certificate or degree, which is below average. The median household income is $48,474, which is lower than the BC average, while the median personal income is $30,674, also below average.

The proximity to public transportation is a major plus for this property. The Westbound 6th Ave @ 10 St bus station is just 0.18 km away, making it easy to get around the city. In fact, 33.7% of the population uses public transport, which is high compared to other areas.

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. With a population density of 7,617.7 people per square kilometer, you'll always find something to do or see in this vibrant community.

The average dwelling value in this neighborhood is $755,478, which is high compared to other areas in BC. However, the average owner payments are above average, with $1,505 spent by owners on their dwellings. Tenants pay an average of $983, which is average compared to other cities.

This neighborhood is a tight-knit community with a strong sense of belonging. The average family size is 2.7, which is below average, but 56.1% of families with children live in this area, which is average. The average age of the population is 41.3, which is average compared to other BC cities.

As an investor, you'll appreciate the high property value and strong rental market in this area. With 70.5% of the population renting, there's a steady demand for rental properties. The average value of dwellings in this neighborhood is $755,478, making it an attractive investment opportunity.

As a local realtor, I can tell you that this neighborhood is a hidden gem. With its proximity to public transportation, amenities, and community spirit, it's an excellent choice for families, professionals, and investors alike. Don't miss out on this opportunity to own a piece of this vibrant community!

Come and experience the charm of 1005 Fifth Avenue, New Westminster, BC, MLS® R2937224. I'd be delighted to guide you through this property and answer any questions you may have.