703 7040 Granville Ave, Richmond, BC, MLS® R3043755

Welcome to 703 7040 Granville Avenue, a beautiful property located in the heart of Richmond, BC, V6Y 3W5. As your trusted realtor, I'm excited to share with you the intricacies of this wonderful community.

This home is serviced by W D Ferris Elementary School, a fantastic institution that's just a short 0.94 km away. W D Ferris Elementary School has a rating of No Rating, and families love this area because of its emphasis on providing a safe and nurturing environment for young minds to thrive. Just down the road, you'll find Richmond Secondary School, another excellent option for students, and it's conveniently located just 0.32 km from this property.

If you're looking for a more specialized education, St. Paul School, an independent elementary school with a stellar rating of 10/10, is just a 1.49 km drive away. For secondary education, City Vancouver Academy, an independent secondary school with a No Rating, is located 2.79 km from this address.

Now, let's talk about the community. According to Statistics Canada's 2020 report, this neighbourhood has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. You can rest assured that you'll feel safe in this community, with a low rate of violent crimes at 919.25, making it a Low rate compared to other BC municipalities.

In terms of demographics, 34.2% of people with a university certificate or degree live in this neighbourhood, making it High in comparison with other BC neighbourhoods. On the other hand, 11.2% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this area is $55,893, which is Below Average compared to the British Columbia average. However, the median personal income is $25,902, which is Low in comparison with the BC average. A significant 59.8% of households in this census subdivision have a mortgage, making it Average.

If you're looking for a convenient location, you'll love that this property is close to the Eastbound Granville Ave @ Gilbert Rd bus station, just 0.04 km away from this listing with MLS® R3043755. In fact, 23.5% of the population in this area uses public transport, making it Above Average.

This real estate is located in the Brighouse South area, where the population change between 2011 and 2016 was 4.5%, making it Above Average in comparison to average growth rates in the region. The population density per square kilometre in this community is 16,414, which is High. The average size of families in this area is 2.8, making it Below Average, but a significant 68.6% of families have children, making it Above Average.

The average age of the population in this area is 43.9, making it Above Average in comparison to other BC cities. The average value of dwellings in this neighbourhood is $383,699, which is Average compared to other areas in British Columbia. As for housing costs, average owner payments are Below Average, with owners spending $1,082 on average for the dwelling. On the other hand, tenants are paying $1,115 in this district, which is Above Average.

Lastly, 32.2% of the population in this district are renters, making it Above Average compared to other BC cities and areas. A significant 11.4% of the population speaks neither English nor French, making it High compared to other BC cities.

With its excellent schools, safe community, and convenient location, 703 7040 Granville Avenue is an ideal place to call home. So, if you're looking for a property that offers the best of both worlds, look no further than this beautiful home in Richmond, BC, V6Y 3W5, MLS® R3043755.