Welcome to this exceptional 7-bedroom, 6-bathroom custom-built home in New Westminster, designed for true multi-generational living. This rare opportunity includes a fully self-contained 2-bedroom, 1-bath laneway house & 1-bedroom legal suite, essentially two homes on one lot. Situated on a quiet cherry tree-lined street with ample parking, the home features high-end finishings throughout, radiant in-floor heating, central A/C, and top-of-the-line appliances. Located in a prime, walkable neighbourhood close to top-ranked schools, recreation, and transit. Whether you're accommodating extended family or looking for great rental potential, this home offers unmatched flexibility. Includes 2-5-10 year warranty.
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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Status | Date | Price |
---|
Rooms
Floor | Type | Dimensions |
---|---|---|
Main Level | Foyer | 17'10 x 17'10 ft |
Main Level | Bedroom | 10'7 x 10'7 ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | No | #3 |
Above Level | Yes | #4 |
Above Level | Yes | #4 |
Above Level | Yes | #3 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
As we step into this charming community, you'll notice the warmth and character that defines the area. Let's start with the schools, a top priority for families. Your children will thrive at Herbert Spencer Elementary School, which boasts a rating of 6.6/10 and is conveniently located just 0.44 km away from 218 Osborne Avenue, MLS® R3044248. This school is a beloved institution in the neighborhood, and its reputation speaks for itself.
If you're looking for an independent school option, John Knox Christian School is just 0.79 km from this home for sale. With a stellar rating of 9.2/10, it's an excellent choice for families who value a faith-based education. Alternatively, Vancouver International College, a secondary independent school, is within a short 0.78 km radius, offering a unique learning experience for students.
Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 6,761.11 incidents per 100,000 population, which is typical of urban areas. However, it's reassuring to know that the rate has decreased by 10.42% year-over-year. Specifically, the drug crime rate is below average, with a rating of 134.4, and the illegal substances offenses rate has decreased by 5.34% annually. Property crimes in the area are also average, with a rating of 3,807.97.
In terms of demographics, this community boasts an above-average percentage of residents with a university certificate or degree (31.3%), while 11.9% of the population has no certificate or degree, which is low compared to the provincial average. The median household income is $74,176, which is average in comparison to other BC neighborhoods. Notably, the median personal income is $40,096, which is above average, and 64.2% of households have a mortgage, indicating a strong sense of homeownership in the area.
The unemployment rate in this region is a mere 4.1%, which is low compared to other provinces. The population growth between 2011 and 2016 was 5.2%, which is above average for the region. With a population density of 3,705.6 people per square kilometer, this community is relatively densely populated.
Families will appreciate the average family size of 2.9 and the above-average percentage of families with children (62.6%). The average age of the population is 42.9, which is above average for BC cities. The average value of dwellings in this neighborhood is $1,004,360, which is high compared to other areas in British Columbia.
In terms of housing, the average owner payments are high, with residents spending $1,795 on average for their dwellings. Tenants, on the other hand, pay $823 on average, which is below average compared to other cities. Interestingly, 41.4% of the population in this district are renters, which is above average compared to other BC cities.
As we explore the community, you'll notice that 12.1% of the population speaks both English and French, which is above average. However, 86.2% of residents speak only English, which is below average. The use of public transport is also above average, with 20.6% of the population relying on it, while 66.2% use cars, which is low.
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