525 5399 Cedarbridge Way, Richmond, BC, MLS® R3043787

Welcome to 525 5399 Cedarbridge Way, Richmond, BC, a beautiful property with the MLS® R3043787. As we explore this charming neighborhood, I'm excited to share with you its unique characteristics and what makes it a great place to call home.

We're fortunate to have several excellent schools in the area, including Samuel Brighouse Elementary School, which has a rating of 6.5/10. According to the listing data for MLS® R3043787, this school is conveniently located just 1.16 km from our property. Richmond Secondary School is also nearby, with a distance of 1.59 km from the property, and a rating of No Rating. Additionally, we have the option to send our children to Pythagoras Academy, an elementary independent school with No Rating, located 1.34 km from our home, and City Vancouver Academy, a secondary independent school with No Rating, located 1.55 km away.

Statistics Canada's 2020 report provides valuable insights into the crime rate in our neighborhood. With a total of 16,909 volation disturbances in this area, the overall crime rate near 525 5399 Cedarbridge Way, Richmond, BC is 7,826.57. This rate is Average compared to other Canadian cities. Furthermore, the year-by-year change in the total crime rate is -3.39%. When it comes to drug crime, the rate is High, with 2,081.96 incidents per 100,000 population, and 4,498 lawbreaking disturbances in this city in 2020. The year-by-year change in the illegal substances offences ranking is 19.46%. Property crimes in the neighborhood are Average, with a Rating of 3,238.66, and 6,997 incidents in 2020. The year-by-year change in the property misconduct rate is -14.19%. Lastly, violent lawbreaking disorders account for 1,986 incidents in 2020, with a rate of 919.25, which is Low compared to other BC municipalities. The year-by-year change in the violent crime rate is 0.06%.

Let's take a look at the closest Bus station, Westbound Elmbridge Way @ Alderbridge Way, which is a mere 0.4 km away from our property with MLS® R3043787.

The demographic profile of our neighborhood is quite interesting. With 33.8% of people having a university certificate/degree, this is a High percentage compared to other BC neighborhoods. On the other hand, 13% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC. The median household income near our property is $36,759, which is Low compared to the British Columbia average. The median personal income is $18,514, also Low compared to the BC average. Notably, 55% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in our area are Average, with 8.8% of the population experiencing unemployment, which is comparable to other province neighborhoods. The real estate market in this community is experiencing High growth, with a population change between 2011 and 2016 of 37.3%. This is higher than the average growth rate of this region. The population density per square kilometre in this community near 525 5399 Cedarbridge Way, Richmond, BC is 4066.2, which is High. The average size of families in the area is 2.6, which is Low compared to the whole region. However, 54.5% of families in this area have children, which is Below Average. Additionally, 55.7% of the population is married or living common law, also Below Average.

The average value of dwellings in this neighborhood around 525 5399 Cedarbridge Way, Richmond, BC is $711,643, which is High compared to other areas in British Columbia. The average owner payments are Above Average in the area adjacent to 525 5399 Cedarbridge Way, with owners spending an average of $1,392. Tenants are paying $1,363 in this district close to MLS® R3043787, which is High compared to other cities. Notably, 43.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

The language profile of our neighborhood is also worth exploring. With 2.9% of the population speaking both English and French, this is Low compared to other cities. However, 79.7% of the population speaks only English, which is Below Average. Interestingly, 17.4% of the population speaks neither English