404 260 Salter St, New Westminster, BC, MLS^® R3062948

Welcome to 404 260 Salter Street, a fantastic property located in the heart of New Westminster, BC, with the listing MLS^® R3062948. As your trusted realtor, I'm excited to take you on a tour of this amazing community.

Let's start with the schools. Queen Elizabeth Elementary School is a fantastic option for families, with a rating of 6.1/10 and located just 1.43 km from this property. Families love this area because of the excellent education system and the school's commitment to providing a well-rounded learning experience. Just down the road, you'll find Urban Academy, an independent elementary school with a rating of 8.9/10, located 2.39 km from this home.

Moving on to secondary education, Purpose Independent Secondary School is the closest option, with a rating of no rating and located 1.64 km from this property. This school offers a unique and engaging learning experience that prepares students for success in their future endeavors.

Now, let's talk about crime rates. According to the latest statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 6,761.11, which is in line with other Canadian cities. However, if we break it down further, we see that the rate of drug-related crimes is below average, with a rating of 134.4 and a decrease of 5.34% year-over-year. Property crimes are also average, with a rating of 3,807.97 and a decrease of 11.79% year-over-year. Violent crime rates are also average, with a rating of 1,383.94 and a decrease of 5.91% year-over-year.

When it comes to public transportation, we're fortunate to have the Southbound Furness St @ Ewen Ave bus station just 0.39 km away from this property. This makes it easy to get around the city without a car.

Now, let's talk about the demographics of our neighborhood. We have a high percentage of university-educated residents, with 28% holding a university certificate or degree. This is above average compared to other BC neighborhoods. On the other hand, 14.6% of the population in this area have no certificate or degree, which is below average.

In terms of income, the median household income in our neighborhood is $94,805, which is high compared to the BC average. The median personal income is also above average, at $37,865. Furthermore, 82.9% of households in our neighborhood own their homes, which is also high.

Unemployment rates in our area are relatively low, at 6.5%, which is below average compared to other province neighborhoods.

Looking at the population growth, our neighborhood has seen a high growth rate of 22.5% between 2011 and 2016, which is above average for this region.

In terms of population density, our neighborhood has a high population density of 2,609.3 people per square kilometer, which is above average.

Family dynamics are also interesting in our neighborhood. The average family size is 3, which is above average. Additionally, 66.9% of families in our area have children, which is also above average.

Lastly, let's talk about the average age of our population, which is 36.4 years old, which is relatively young and low compared to other BC cities.

As for the real estate market, the average value of dwellings in our neighborhood is $725,290, which is high compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are high, at $1,958. Tenants, on the other hand, pay an average of $1,214 per month, which is above average.

Renting is a common option in our neighborhood, with 27.6% of the population renting their homes, which is average compared to other BC cities.

Language-wise, English is the dominant language spoken in our neighborhood, with 90.7% of residents speaking only English. However, 4.1% of residents speak neither English nor French, which is high compared to other BC cities.

Finally, let's talk about transportation. 21.5% of our residents use public transportation, which is above average. 73.8% of residents use cars, which is below average. 1.1% of residents use bicycles, which is average, and 2.9% of residents walk, which is below average.

In conclusion, 404 260 Salter Street, New Westminster, BC, MLS^® R3062948, is a fantastic property located in a vibrant and diverse neighborhood. With excellent schools, a low crime rate, and a strong sense of community, this property is an excellent choice for families and individuals looking for a great place to call home.