505 15858 Fraser Hwy, Surrey, BC, MLS® R3031587

Welcome to 505 15858 Fraser Highway, a beautiful property nestled in the heart of Surrey, BC. As your trusted realtor, I'm excited to share with you the wonderful features and amenities that make this neighborhood a great place to call home.

Let's start with the schools. This property is serviced by the highly-rated Walnut Road Elementary School, which has a rating of 7.5/10. You'll be pleased to know that the school is just a short 1.15 km away, making it an ideal choice for families. Additionally, Fleetwood Park Secondary School, with a rating of no rating, is also nearby, located at a distance of 1.26 km.

If you're looking for an independent elementary school, St. Matthew's Elementary School is just 0.78 km away, boasting a rating of 7.3/10. For secondary education, Holy Cross Regional High School, with a rating of no rating, is located at a distance of 0.89 km.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 505 15858 Fraser Highway, Surrey, BC has an average crime rate of 7,512.73 incidents per 100,000 population. This is comparable to other Canadian cities. Moreover, the year-over-year change in the total crime rate is a positive -12.05%. It's reassuring to know that the area is considered safe, with a low rate of violent lawbreaking disorders at 1,310.25 incidents per 100,000 population, which is below average compared to other BC municipalities.

In terms of transit, the closest bus station is Eastbound Fraser Hwy @ 158 St, located just 0.09 km away from this property with listing MLS® R3031587. This convenient access to public transportation makes it easy to get around the city without a car.

Now, let's dive into the demographics. This neighborhood has a high percentage of university-educated individuals, with 24.7% of the population holding a university certificate or degree. This is above average compared to other BC neighborhoods. On the other hand, 16.6% of the population has no certificate or degree, which is average compared to the provincial average.

In terms of income, the median household income in the area surrounding 505 15858 Fraser Highway, Surrey, BC is $66,765, which is average compared to other British Columbia neighborhoods. The median personal income is $31,314, which is below average compared to the provincial average. However, the percentage of households with a mortgage is 67.4%, which is above average.

The unemployment rate in the area is a low 4.1%, which is a testament to the strong local economy. Additionally, the population change between 2011 and 2016 was 12.3%, which is high compared to the average growth rate of the region.

This neighborhood is also characterized by a high population density, with 5,917.3 people per square kilometer. The average size of families in the area is 3, which is above average compared to the region. Furthermore, 66.7% of families in the area have children, which is above average. The average age of the population is 44.4 years, which is above average compared to other BC cities.

In terms of real estate, the average value of dwellings in the area surrounding 505 15858 Fraser Highway, Surrey, BC is $344,956, which is average compared to other areas in British Columbia. Additionally, the average owner payments are below average, with owners spending an average of $1,085 per month. Tenants, on the other hand, are paying an average of $1,314 per month, which is above average.

Lastly, 7.4% of the population in the area surrounding 505 15858 Fraser Highway, Surrey, BC are renters, which is low compared to other BC cities and areas. The majority of the population uses cars as their primary mode of transportation, with 76.1% of the population using cars around MLS® R3031587.

In conclusion, 505 15858 Fraser Highway, Surrey, BC, MLS® R3031587, is a wonderful property located in a safe and convenient neighborhood. With its proximity to highly-rated schools, public transportation, and a strong local economy, this property is an ideal choice for families and individuals looking for a great place to call home.