107 1169 Eighth Ave, New Westminster, BC, MLS® R3032715

Welcome to 107 1169 Eighth Avenue, a stunning property located in the heart of New Westminster, BC. As your trusted realtor, I'm excited to share with you the unique features and charm of this neighborhood.

Let's start with the schools. Lord Kelvin Elementary School is just a short 0.26 km from our home for sale, with a rating of 5.2/10. Families love this area because of the strong sense of community and excellent educational opportunities. Just down the road, you'll find Our Lady of Mercy School, an independent elementary school with a rating of 10/10, located 0.48 km from this home. For secondary education, St. Thomas More Collegiate is just a 0.59 km stroll away, offering a unique and supportive learning environment.

When it comes to safety, the latest crime statistics from Statistics Canada (2020) show that this neighborhood has an average crime rate of 6,761.11, which is typical of urban areas. Property crimes are also average, with a rating of 3,807.97, and violent crimes are slightly above average. However, it's worth noting that the overall trend is a decrease in crime rates, with a year-by-year change of -10.42%.

The neighborhood surrounding 107 1169 Eighth Avenue is also home to a diverse range of residents. According to the 2020 census, 26.1% of people hold a university certificate or degree, which is above average compared to other BC neighborhoods. However, 13.6% of the population has no certificate or degree, which is below average.

In terms of lifestyle, you'll find a range of amenities nearby. The closest bus station is just 0.01 km away, making it easy to get around without a car. You'll also find a variety of parks, beaches, and trails to explore. Moody Park, where this property is located, has a population change of 2.7% between 2011 and 2016, which is above average for this region.

The demographics of the area are also worth noting. The average household income is $48,474, which is low compared to the BC average. However, the median personal income is $30,674, which is also below average. Despite this, the area has a low unemployment rate of 5.3%, making it an attractive option for those looking to start a new career.

As you explore the neighborhood, you'll notice a mix of housing types and ages. The average value of dwellings in this area is $755,478, which is high compared to other areas in British Columbia. However, owner payments are above average, with an average expenditure of $1,505 per month. Tenants, on the other hand, pay an average of $983 per month, which is average compared to other cities.

In terms of transportation, 70.5% of the population in this area are renters, which is high compared to other BC cities. However, 59.7% of the population use cars, which is low. 33.7% of the population use public transport, which is high, and 0.9% use bicycles, which is average. 4.8% of the population walk, which is also average.

Overall, 107 1169 Eighth Avenue is a unique and attractive property located in the heart of New Westminster, BC. With its strong sense of community, excellent educational opportunities, and diverse range of residents, this neighborhood is an excellent choice for those looking to buy a home. As your trusted realtor, I'd be happy to answer any questions you may have and help you navigate the buying process.

MLS® R3032715