508 10 Renaissance Square, New Westminster, BC V3M 7B1, New Westminster, BC, V3M 7B1, MLS® R3038745

Welcome to 508 10 Renaissance Square, a stunning property located in the heart of New Westminster, BC V3M 7B1. As your trusted realtor, I'm excited to guide you through the neighborhood and highlight its many charms.

First, let's talk about education. This property is serviced by École Qayqayt Elementary, a highly-rated school with a rating of 7.2/10. The school is just 1.71 km away, making it an ideal choice for families. Just down the road, you'll also find Urban Academy, an independent elementary school with a rating of 8.9/10, located 1.64 km from this home. For secondary education, Purpose Independent Secondary School is the closest option, with a rating of no rating, located 1.05 km from this home.

Now, let's discuss crime statistics. According to the latest data from Statistics Canada (2020), the neighborhood surrounding 508 10 Renaissance Square has an overall crime rate of 6,761.11, which is considered average compared to other Canadian cities. The year-over-year change in crime rate is a notable -10.42%. This figure is reassuring, providing peace of mind for families and individuals alike.

When it comes to specific types of crime, the neighborhood is below average in terms of drug-related offenses, with a rating of 134.4 and 111 incidents in 2020. This is a testament to the community's commitment to maintaining a safe and healthy environment.

Property crimes are also relatively average, with a rating of 3,807.97 and 3,145 incidents in 2020. This is another indicator of the neighborhood's stability and low crime rate.

Regarding violent crimes, the rate of 1,143 incidents in 2020 is average compared to other BC municipalities. This is a reassuring figure, especially for families with children.

Now, let's explore the neighborhood's demographics. According to the latest census data, 32.7% of the population in the area surrounding 508 10 Renaissance Square holds a university certificate or degree, which is above average compared to other BC neighborhoods. Conversely, 8.2% of the population has no certificate or degree, which is low compared to the average in BC.

In terms of income, the median household income is $68,312, which is average compared to the British Columbia average. However, the median personal income is $38,773, which is above average in comparison to the BC average. Additionally, 65.2% of households in the area have a mortgage, which is above average.

Unemployment rates in the area are also low, with a rate of 5.4%, compared to other province neighborhoods.

The population change between 2011 and 2016 was 1%, which is average compared to average growth rate of this region. The population density per square kilometer is 6,919.1, which is high.

The average size of families in the area is 2.4, which is low compared to the whole region. Meanwhile, 41.9% of families in the area have children, which is low. However, 53.2% of the population is married or living common law, which is below average.

The average age of the population in the area is 42.8, which is above average in comparison to other BC cities.

In terms of real estate, the average value of dwellings in the neighborhood is $408,333, which is above average compared to other areas in British Columbia. Average owner payments are also above average, with owners spending an average of $1,342 per month. Tenants in the area, on the other hand, pay an average of $1,283 per month, which is above average.

Renters make up 35.5% of the population in the area, which is above average compared to other BC cities and areas.

Language-wise, 7% of the population in the area speaks English and French, which is average. Meanwhile, 90.5% of the population speaks only English, which is average. French speakers make up only 0.1% of the population, which is low. Neither English nor French speakers account for 2.5% of the population, which is above average.

When it comes to transportation, 39.4% of the population in the area uses public transport, which is high. Conversely, 53% of the population uses cars, which is low. Only 0.7% of the population uses bicycles, which is below average. Walking accounts for 5.1% of the population's transportation mode, which is average.

In conclusion, 508 10 Renaissance Square is a sought-after property in a vibrant and safe neighborhood. With its highly-rated schools, low crime rate, and desirable demographics, this property is an excellent