402 10778 138 St, Surrey, BC, MLS^® R3055328

Welcome to 402 10778 138 Street, Surrey, BC!

Located in the heart of this vibrant neighborhood, this beautiful property is just a stone's throw away from some of the best schools in the area. Let's start with Forsyth Road Elementary School, which has a rating of 2.6/10 and is a mere 0.28 km from our property with listing MLS^® R3055328. Families love this area because of its excellent educational facilities, and Forsyth Road Elementary is no exception. With its strong academic programs and dedicated teachers, this school is a top choice for many parents in the community.

But that's not all - our property is also serviced by Kwantlen Park Secondary School, which has a rating of No Rating and is located a convenient 1.47 km away. This school offers a wide range of programs and activities, from sports to music and arts, to help students develop their interests and talents.

Of course, not every family is interested in the traditional public school system. That's why we're happy to report that our neighborhood is also home to several excellent private schools, including Our Lady of Good Counsel, which has a rating of 9.7/10 and is located just 0.65 km from our property. This school is known for its strong Catholic education and commitment to academic excellence.

Now that we've talked about schools, let's move on to crime statistics. According to the latest data from Statistics Canada (2020), our neighborhood has an overall crime rate of 7,512.73, which is considered Average compared to other Canadian cities. While there were some notable incidents, including 44,976 volation disturbances, the year-over-year change in the total crime rate is a reassuring -12.05%.

But what does this mean for our community? It means that our neighborhood is a safe and welcoming place to live, with low rates of violent crime (1,310.25, or Below Average compared to other BC municipalities) and property crime (3,746.17, or Average). Whether you're a young family or a retiree, you can feel confident that our community is a great place to call home.

Of course, no neighborhood would be complete without access to public transportation. That's why we're pleased to report that our property is just a short walk from the Eastbound 108 Ave @ 138 St bus station, which is an easy 0.05 km away. Whether you're heading to work, school, or just running errands, getting around our neighborhood is a breeze.

Now, let's talk about demographics. Our neighborhood is home to a diverse population, with a mix of families, young professionals, and long-time residents. According to the latest census data, 18.9% of people in our neighborhood have a university certificate or degree, which is Average compared to other BC neighborhoods. And while 20.9% of the population has no certificate or degree, this number is actually Above Average compared to the average in BC.

But what about income levels? According to the latest data, the median household income in our neighborhood is $58,688, which is Below Average compared to other BC neighborhoods. And while the median personal income is $26,876, this number is also Below Average compared to the average in BC. However, it's worth noting that 79% of households in our neighborhood have a mortgage, which is a reassuring High percentage.

Unemployment rates are also an important factor to consider. According to the latest data, the unemployment rate in our neighborhood is 7.1%, which is Below Average compared to other province neighborhoods. This means that our community is a great place to find a job and build a career.

Finally, let's talk about the real estate context. Our neighborhood is a popular and desirable area, with an average dwelling value of $476,258 - Above Average compared to other areas in British Columbia. And while the average owner payments are $1,383, this number is also Above Average compared to other cities. Tenants, on the other hand, are paying an average of $1,091, which is also Above Average.

In terms of population growth, our neighborhood has experienced a High growth rate of 11.5% between 2011 and 2016. And with a population density of 3,557.2 people per square kilometer, our neighborhood is a vibrant and bustling community.

So what's the average size of families in our neighborhood? According to the latest data, it's 3.1 people per household - Above Average compared to the whole region. And while 70.4% of families in our neighborhood have children, this number is actually High. However, 49.2% of the population is married or living common law, which is Below Average.

In terms of age, the average population in our neighborhood is 37.4