408 Eighth St, New Westminster, BC, MLS^® R3055386

Welcome to 408 Eighth Street, a charming property located in the heart of New Westminster, BC. As your trusted realtor, I'm excited to share with you the highlights of this fantastic community.

Schools

Just a short stroll away, you'll find Lord Kelvin Elementary School, with a rating of 5.2/10. This school serves as a wonderful learning environment for children, and its proximity to our property makes it an ideal choice for families. With a distance of 0.73 km, you can rest assured that your little ones will be able to commute safely and easily. If you're looking for an alternative, the Urban Academy, a highly rated independent school, is just 1.01 km away.

Crime

According to the latest crime statistics from Statistics Canada (2020), our neighborhood has seen a decrease in crime rates, with a total of 5,584 incidents reported. The overall crime rate near 408 Eighth Street, New Westminster, BC is 6,761.11, which is considered Average compared to other Canadian cities. This means you can enjoy a sense of peace and security in your new home. Additionally, the illegal substances offenses rate is Below Average, with a rating of 134.4, and a year-over-year change of -5.34%. Property crimes are also Average, with a rating of 3,807.97, and a change of -11.79%.

Demographics

Our community is a vibrant and diverse neighborhood, with 26.1% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 13% of the population in this area do not hold a certificate or degree, which is Below Average. The median household income is $53,157, which is Below Average compared to the British Columbia average. However, the median personal income is $34,191, which is Average. It's worth noting that 82.7% of households in this area have a mortgage, which is High.

Transit

Convenience is key in our neighborhood, with the Northbound 8th St @ 4th Ave bus station just 0.08 km away from 408 Eighth Street, New Westminster, BC. This makes it easy to commute to work or school without the hassle of traffic.

Lifestyle Amenities

Our community is surrounded by a range of amenities that make life easy and enjoyable. You'll find excellent shopping centers, grocery stores, restaurants, coffee shops, and hospitals nearby. The average value of dwellings in this neighborhood is $390,400, which is Average compared to other areas in British Columbia. The average owner payments are Above Average, with $1,432 spent on average for dwellings. Tenants are paying $1,008 in this district, which is Average.

Real Estate Context

As a seasoned realtor, I can tell you that the demand for properties in our neighborhood is strong. The population change between 2011 and 2016 was 6.4%, which is Above Average compared to the average growth rate of the region. The population density per square kilometer in this community is 11,135.1, which is High. However, the average family size in the area is 2.6, which is Low, and the percent of families with children is 50.4%, which is Below Average.

In conclusion, 408 Eighth Street, New Westminster, BC, MLS^® R3055386, is a fantastic property in a wonderful community. With its excellent schools, safe environment, and convenient amenities, this home is sure to please even the most discerning buyer. I'm confident that you'll fall in love with this charming property and the vibrant neighborhood it's a part of.

Please note that the information provided is based on data available up to 2020, and the current situation may be different. It's always a good idea to verify the information with local authorities and experts.