1601 5088 Kwantlen St, Richmond, BC, MLS® R2982394

As we explore this lovely home, let's start with the educational opportunities available in the area. The property is serviced by the highly-rated Tomsett Elementary School, just a short 1.07 km away. With a rating of 7.1/10, families love this school for its excellent academics and supportive community. Your children will thrive in a safe and nurturing environment, making memories that will last a lifetime.

In addition to Tomsett Elementary, A.R. MacNeill Secondary School is also nearby, approximately 1.68 km from the property. This school offers a well-rounded education, preparing students for success in high school and beyond. With no rating available, we can focus on the excellent opportunities available in the area. For those seeking independent education options, Pythagoras Academy (0.57 km away) and City Vancouver Academy (0.77 km away) offer unique learning experiences for students.

Safety is a top priority in this neighbourhood. According to Statistics Canada's 2020 report, the overall crime rate near 1601 5088 Kwantlen Street, Richmond, BC is 7,826.57, which is Average compared to other Canadian cities. With a 16,909 volation disturbances in the area, you can feel confident in the community's commitment to safety. The neighbourhood's drug crime rate is High, with 2,081.96 incidents per 100,000 population, but the year-by-year change in illegal substances offences is a positive 19.46%. Property crimes are Average, with 3,238.66 incidents per 100,000 population, and the year-by-year change in property misconduct rate is a decrease of 14.19%. Violent crimes are Low, with 919.25 incidents per 100,000 population, and the year-by-year change is a slight increase of 0.06%.

The neighbourhood surrounding 1601 5088 Kwantlen Street is diverse and vibrant, with a 33.8% of people holding a university certificate/degree, which is High compared to other BC neighbourhoods. However, 12.9% of the population has no certificate or degree, which is Below Average. The median household income is $42,061, which is Low compared to the British Columbia average. The median personal income is $20,189, also Low compared to the BC average. A significant 54.8% of households in this census subdivision have a mortgage, which is Below Average.

This neighbourhood is also experiencing steady growth, with a population change between 2011 and 2016 of 7.2%, which is Above Average. The average size of families in the area is 2.5, which is Low compared to other regions. Approximately 52.2% of families with children live in this neighbourhood, which is Below Average. The average age of the population is 46.7, which is High compared to other BC cities.

Now, let's discuss the real estate context. The average value of dwellings in this neighbourhood is $524,288, which is Above Average compared to other areas in British Columbia. The average owner payments are Average, with owners spending $1,177 on average for their dwellings. Tenants pay an average of $1,418, which is High compared to other cities. A significant 35.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

As we explore the local culture, we find that 83% of the population speaks English only, which is Below Average. However, 12.8% of the population speaks neither English nor French, which is High compared to other BC cities. Approximately 22% of the population uses public transportation, which is Above Average. A significant 63.8% of the population uses cars, which is Low. Only 1% of the population uses bicycles, which is Average. Lastly, 12.5% of the population is walking, which is High.

At 1601 5088 Kwantlen Street, Richmond, BC, MLS®R2982394, you'll find a unique blend of education, safety, and lifestyle amenities. This property offers an excellent opportunity to invest in a thriving community with a strong sense of belonging.