109 708 Eighth Ave, New Westminster, BC, MLS® R3042220

Welcome to 109 708 Eighth Avenue, a charming gem in New Westminster, BC. As we walk through this vibrant community, you'll find a mix of urban conveniences and small-town charm. Let's start with the schools that make this area a top choice for families.

Lord Kelvin Elementary School, rated 5.2/10, is just 0.56 km from your doorstep. This school is a great option for families who value education and community. Just down the road, you'll find Our Lady of Mercy School, an independent elementary school with a stellar rating of 10/10, located 0.77 km from the property. For secondary education, Vancouver International College, with its No Rating, is conveniently located just 0.4 km away.

Now, let's talk about the safety of the area. According to the latest crime statistics from Statistics Canada (2020), your neighborhood has an average crime rate of 6,761.11, which is comparable to other Canadian cities. To put it into perspective, the overall crime rate in this area is Average, with a 7.5% decrease in total crime rate between 2019 and 2020.

Regarding specific types of crime, the area around MLS® R3042220 has a below-average drug crime rate of 134.4, with a 5.34% decrease in illegal substances offenses between 2019 and 2020. Property crimes, on the other hand, are Average in this area, with a property misconduct rate of 3,807.97, 3,145 incidents in 2020, and an 11.79% decrease in property misconduct rate between 2019 and 2020.

The community is also close to public transportation, with the Westbound 8th Ave @ New Westminster Secondary bus station just 0.07 km away from your doorstep.

Now, let's take a look at the demographics. You'll find that 27% of residents in this area have a university certificate or degree, which is Above Average compared to other BC neighborhoods. In contrast, 14.9% of the population have no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income in this area is $47,232, which is Low compared to the British Columbia average. The median personal income is $30,640, also Below Average in comparison to the BC average. However, 48.1% of households in this area have a mortgage, which is Below Average.

The unemployment rate in this area is 6.9%, which is Below Average compared to other province neighborhoods. Population growth in this area between 2011 and 2016 was 7.5%, which is Above Average compared to the average growth rate of this region.

The community is also characterized by a high population density of 8,943.5 people per square kilometer, which is High compared to other areas. The average family size in this area is 2.5, which is Low compared to the whole region. Additionally, 48% of families in this area have children, which is Below Average. Married or living common-law couples make up 47.6% of the population, which is Low.

The average age of the population in this area is 51.1, which is High compared to other BC cities. The average value of dwellings in this neighborhood is $444,053, which is Above Average compared to other areas in British Columbia.

As for housing costs, owners in this area spend an average of $1,103 per month, which is Below Average. Tenants, on the other hand, pay an average of $953 per month, which is Average.

You'll also notice that 48% of the population in this area are renters, which is High compared to other BC cities and areas. English and French speakers make up 6.9% of the population, which is Average. English speakers only make up 89.1%, which is Average. French speakers only make up 0.1%, which is Low. Neither English nor French speakers make up 3.9%, which is High.

When it comes to transportation, 28.6% of the population in this area use public transport, which is High. 59% of the population use cars, which is Low. 0.6% of the population use bicycles, which is Below Average. 11.3% of the population walk, which is High.

Overall, 109 708 Eighth Avenue, New Westminster, BC (MLS® R3042220) offers a unique blend of urban convenience and small-town charm. With its excellent schools, safe community, and vibrant atmosphere, this property is an excellent choice for families and individuals looking for a great place to call home.