503 7380 Elmbridge Way, Richmond, BC, MLS® R2959544

Welcome to 503 7380 Elmbridge Way, a beautiful home situated in the heart of Richmond, BC. As your trusted realtor, I'm excited to take you on a tour of this stunning property and its surrounding community.

Let's start with the schools in the area. Samuel Brighouse Elementary School is just 0.82 km from this home, making it an ideal choice for families. With a rating of 6.5/10, this school is well-regarded for its academic excellence and supportive community. Plus, Richmond Secondary School is also conveniently located just 1.15 km away, offering a range of academic and extracurricular programs for students.

If you're looking for an independent school option, Pythagoras Academy is the closest elementary school, located 1.57 km from this home. Richmond Secondary School's independent counterpart, City Vancouver Academy, is just 1.79 km away. Both schools offer a unique and engaging learning environment for students.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 503 7380 Elmbridge Way has an overall crime rate of 7,826.57, which is considered Average compared to other Canadian cities. However, it's worth noting that the rate has decreased by 3.39% over the years. When it comes to specific types of crime, such as drug-related offenses, the neighborhood has a High rating of 2,081.96, while property crimes are considered Average at 3,238.66. Violent crimes, on the other hand, are Low, with a rate of 919.25.

Getting around is also convenient, with the Westbound Elmbridge Way @ Alderbridge Way bus station just 0.1 km away from this listing with MLS® R2959544. This makes it easy to get to work, school, or explore the city.

Now, let's dive into the demographics of the area. With 33.8% of residents holding a university certificate or degree, this neighbourhood is considered High compared to other BC neighbourhoods. However, 13% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income is $36,759, which is Low compared to the British Columbia average. The median personal income is also Low at $18,514. Interestingly, 55% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in the area are Average at 8.8%, which is comparable to other province neighbourhoods. Population growth between 2011 and 2016 was High at 37.3%, making this a desirable area for families and professionals alike.

When it comes to family dynamics, the average size of families in this area is 2.6, which is Low compared to the whole region. However, 54.5% of families have children, which is Below Average. Married or living common law couples make up 55.7% of the population, also Below Average.

The average age of the population is 42.9, which is Above Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighbourhood is $711,643, which is High compared to other areas in British Columbia. The average owner payments are also Above Average, with owners spending an average of $1,392 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,363 per month, which is High compared to other cities.

Interestingly, 43.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

Language-wise, the neighbourhood is primarily English-speaking, with 79.7% of residents speaking only English. However, 2.9% of the population speaks both English and French, which is Low compared to other BC cities.

Finally, when it comes to transportation, 27.6% of the population uses public transport, which is High. 57.9% of residents use cars, which is Low. 0.9% of the population uses bicycles, which is Average. 13.1% of residents walk, which is High.

This is a wonderful community that offers a great balance of schools, safety, and amenities. If you're looking for a home that checks all the right boxes, 503 7380 Elmbridge Way is definitely worth considering.

MLS® R2959544 is a one-of-a-kind property that offers a unique blend of style, comfort, and convenience. Whether you're a first-time buyer, a growing family, or an empty nester, this home is sure to impress.

So why wait? Contact me today to schedule a viewing and make 503 7380 Elm