704 5911 Alderbridge Way, Richmond, BC, MLS® R2992479

Welcome to 704 5911 Alderbridge Way, a beautiful property in the heart of Richmond, BC. As we walk through this charming community, I'm excited to share with you the highlights and features that make this home truly special.

First, let's talk about the schools. This property is serviced by Samuel Brighouse Elementary School, a reputable institution with a rating of 6.5/10. You'll appreciate the school's proximity, just 0.66 km away from your front door. Additionally, Richmond Secondary School is also nearby, located 1.08 km from this property.

As a family, you'll love this area because of the excellent educational options available. And if you're looking for independent schools, the closest Elementary school is Pythagoras Academy, located 1.73 km away, while the closest Secondary independent school is City Vancouver Academy, situated 1.95 km from this home.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 704 5911 Alderbridge Way has an average crime rate of 7,826.57, which is comparable to other Canadian cities. However, it's essential to note that there were 16,909 reported disturbances in the area, which is slightly above average. Nevertheless, the overall crime rate remains relatively low, offering you peace of mind.

Regarding specific types of crime, the drug crime rate is high, with a rating of 2,081.96. However, the year-over-year change in this ranking is 19.46%, indicating a decrease in illicit substance-related offenses. Property crimes in the neighborhood are also average, with a rating of 3,238.66. The violent crime rate is low, with 919.25 incidents per 100,000 population, which is a reassuring statistic.

As we explore the community, you'll notice that the closest Bus station is Westbound Westminster Hwy @ Alderbridge Way, just 0.08 km away from this property.

Now, let's dive into the demographics of the area. According to the data, 33.8% of the population holds a university certificate or degree, which is high compared to other BC neighborhoods. In contrast, 13% of the population has no certificate or degree, which is below average. The median household income is $36,759, which is low compared to the British Columbia average. However, the median personal income is $18,514, also low compared to the provincial average.

Regarding homeownership, 55% of households in this census subdivision have a mortgage, which is below average. The unemployment rate in the area is 8.8%, which is average compared to other province neighborhoods.

As we look at the population growth, we see that the area surrounding 704 5911 Alderbridge Way has experienced a high growth rate of 37.3% between 2011 and 2016. The population density is 4,066.2 people per square kilometer, which is high compared to other areas.

In terms of 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. The percentage of married or living common-law couples is 55.7%, also below average.

The average age of the population in this area is 42.9, which is above average compared to other BC cities. As for housing, the average value of dwellings in this neighborhood is $711,643, which is high compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are above average in this area, with owners spending $1,392 per month on average. Tenants, on the other hand, are paying $1,363 per month, which is high compared to other cities.

Finally, 43.9% of the population in this area are renters, which is above average compared to other BC cities and areas.

As we conclude our tour of 704 5911 Alderbridge Way, I hope you've gained a deeper understanding of this wonderful community. This property offers an excellent educational system, a relatively low crime rate, and a high quality of life. If you're looking for a home that ticks all the boxes, this could be the perfect fit for you.

MLS® R2992479: A Home in the Heart of Richmond, BC.