206 220 Salter St, New Westminster, BC, MLS^® R3016923

Welcome to 206 220 Salter Street, a stunning property located in the heart of New Westminster, BC (MLS^® R3016923).

As we walk through this charming neighborhood, you'll notice the friendly atmosphere and the sense of community that makes it a great place to call home. Let's start with the schools, a top priority for families.

The property is serviced by Queen Elizabeth Elementary School, which is just a short 1.86 km away. With a rating of 6.1/10, this school is a great option for families who want a quality education in a welcoming environment. If you're looking for an independent school option, Urban Academy is just 1.95 km away and boasts an impressive rating of 8.9/10.

For secondary education, Purpose Independent Secondary School is just 1.2 km from the property and offers a unique learning experience. With its strong focus on academic excellence and personal growth, this school is an excellent choice for students of all ages.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 206 220 Salter Street has an average crime rate of 6,761.11 per 100,000 population. While this may seem high, it's essential to note that crime rates have been declining in the area, with a 10.42% year-over-year decrease. Specifically, the drug crime rate is below average, with 134.4 incidents per 100,000 population.

In terms of property crimes, the neighborhood is average, with 3,807.97 incidents per 100,000 population. Violent crime rates are also average, with 1,383.94 incidents per 100,000 population.

Now, let's take a look at the demographics of the area. With 28% of residents holding a university certificate or degree, this neighborhood is above average in terms of educational attainment. On the other hand, 14.6% of the population has no certificate or degree, which is below average compared to the rest of BC.

The median household income in the area is a respectable $94,805, which is high compared to the provincial average. Similarly, the median personal income is $37,865, also above average. The percentage of households with a mortgage is a high 82.9%, indicating a strong sense of stability and security in the area.

Unemployment rates are also low, with 6.5% of the population out of work. This is below average compared to other neighborhoods in the province.

In terms of population growth, the Queensborough area has seen a significant increase of 22.5% between 2011 and 2016, which is high compared to the average growth rate of the region.

The neighborhood is also densely populated, with 2,609.3 people per square kilometer. This is above average compared to other areas in BC.

Families with children are well-represented in the area, making up 66.9% of the population. The average family size is 3, which is above average. Married or common-law couples make up 65.1% of the population, also above average.

The average age of the population is 36.4, which is relatively young compared to other cities in BC.

In terms of real estate, the average value of dwellings in the area is $725,290, which is high compared to other areas in British Columbia. Owner payments average $1,958 per month, while tenants pay $1,214, which is above average.

Rental rates are moderate, with 27.6% of the population renting their homes, which is average compared to other BC cities.

Finally, let's talk about transportation. With 21.5% of the population using public transportation, 73.8% using cars, and 2.9% walking, this neighborhood is well-connected to the surrounding area.

In conclusion, 206 220 Salter Street, New Westminster, BC (MLS^® R3016923) is a fantastic property located in a vibrant and diverse neighborhood. With its strong schools, low crime rates, and high median household income, this property is an excellent choice for families and individuals looking for a great place to call home.