218 7008 River Parkway, Richmond, BC, MLS^® R3066078

Welcome to 218 7008 River Parkway, a stunning property located in the heart of Richmond, BC. As your trusted realtor, I'm excited to take you on a tour of this incredible home, highlighting its unique features and what makes it an excellent choice for families and individuals alike.

First, let's talk about the schools. The property is serviced by the highly-rated Samuel Brighouse Elementary School, which is just a 1.24 km walk away. With a rating of 6.5/10, this school is a top choice for families in the area. Plus, Richmond Secondary School is also nearby, located just 1.65 km from this home. While its rating is not publicly available, its proximity to this property makes it an attractive option for families with older children.

But schools are just the beginning. When it comes to safety, this neighborhood has an average crime rate compared to other Canadian cities. According to the 2020 crime statistics from Statistics Canada, there were 16,909 disturbances in this neighborhood, with an overall crime rate of 7,826.57 incidents per 100,000 population. While the rate is average, the year-over-year change in the total crime rate is a positive -3.39%.

Of course, safety is always a top concern, and I'm happy to report that the neighborhood surrounding 218 7008 River Parkway is considered average when it comes to property crimes. The property misconduct rating is 3,238.66 incidents per 100,000 population, which is a decrease of -14.19% from the previous year.

Violent crime rates in this neighborhood are also low, with 919.25 incidents per 100,000 population. This is a significant advantage for families and individuals looking for a safe place to call home.

Now, let's talk about transportation. The closest bus station is Lansdowne Station @ Bay 3, just 0.45 km away from this property. This makes it easy to get around Richmond and beyond without needing a car.

In terms of demographics, this neighborhood is a mix of young professionals and families. With 33.8% of residents holding a university certificate or degree, this is a highly educated community. However, 13% of residents have no certificate or degree, which is below average compared to the rest of BC.

The median household income in this neighborhood is $36,759, which is lower than the British Columbia average. This may be an advantage for first-time homebuyers or those looking for a more affordable place to live.

The unemployment rate in this area is 8.8%, which is average compared to other neighborhoods in the province.

One thing that sets this neighborhood apart is its high population growth rate. Between 2011 and 2016, the population grew by 37.3%, making it one of the fastest-growing areas in the region.

In terms of housing, the average value of dwellings in this neighborhood is $711,643, which is higher than the British Columbia average. However, the average owner payments are above average, with owners paying $1,392 per month on average. Tenants, on the other hand, pay $1,363 per month, which is higher than average.

The majority of residents in this neighborhood are renters, with 43.9% of the population renting their homes. This is above average compared to other cities in BC.

When it comes to language, the majority of residents speak only English, with 79.7% of the population identifying as English speakers. However, 17.4% of residents speak neither English nor French, which is higher than average.

Finally, let's talk about transportation. 27.6% of residents in this neighborhood use public transportation, which is high. 57.9% of residents use cars, which is lower than average. 0.9% of residents use bicycles, which is average, and 13.1% of residents walk, which is high.

In conclusion, 218 7008 River Parkway is an excellent choice for families and individuals looking for a safe, affordable, and convenient place to call home. With its highly rated schools, average crime rate, and high population growth rate, this neighborhood has something for everyone. I hope you'll consider making 218 7008 River Parkway your next home. MLS^® R3066078 is waiting for you!