48 1639 162 St, Surrey, BC, MLS^® R3064428

Welcome to 48 1639 162 Street, Surrey, BC, MLS^® R3064428

As we step into this charming community, I'd love to share with you the unique character and benefits that make 48 1639 162 Street a sought-after address. Let's start with the schools, shall we?

Education

This home is zoned for South Meridian Elementary School, a highly-rated institution with a 6.5/10 rating, located just 0.62 km away. Your kids will thrive in a supportive learning environment that values academic excellence. Additionally, Earl Marriott Secondary School, with a No Rating, is also nearby, just 0.86 km away. For families looking for a private school option, Southridge School, with a stellar 10/10 rating, is just a 2.1 km drive away.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an Average crime rate of 7,512.73 incidents per 100,000 population. When compared to other Canadian cities, this rate is considered Average. However, it's reassuring to know that the year-over-year change in the total crime rate is a positive -12.05%. For those concerned about drug-related crimes, the rating is Above Average, with 390.7 incidents per 100,000 population. Property crimes, on the other hand, are Average, with 3,746.17 incidents per 100,000 population. Violent crimes are Below Average, with 1,310.25 incidents per 100,000 population.

Transit and Commuting

Convenience is key when it comes to transportation. Just 0.13 km away, the Southbound King George Blvd @ 16 Ave bus station offers easy access to public transportation. Commuting to work or school is a breeze, with a Low unemployment rate of 4.4% in the area.

Demographics and Lifestyle

Let's take a look at the community demographics. With 20.9% of residents holding a university certificate or degree, this neighborhood is considered Average in terms of education. However, 14.6% of the population has no certificate or degree, which is Below Average compared to the BC average. The Median Household Income is a respectable $80,567, Above Average compared to British Columbia's average. Median personal income is also Above Average, with $38,272. The % of households with a mortgage is 48.4%, which is Below Average.

Real Estate Context

The average value of dwellings in this neighborhood is $793,907, which is High compared to other areas in British Columbia. Average owner payments are Average, with $1,254 spent on dwellings. Tenants, on the other hand, pay $1,306, which is Above Average. A Low 9.5% of the population are renters, which is a positive aspect of this community.

Language and Transportation

When it comes to language, 7.9% of the population speaks English and French, which is Average. However, 91.1% of residents speak English only, making it an English-speaking community. The % of Neither English nor French speakers is 0.8%, which is Average compared to other BC cities. In terms of transportation, 87.4% of residents use cars, which is Average. 7.8% use public transportation, which is Average, while 0.7% use bicycles, and 2.1% walk, both of which are Below Average.

Welcome Home

As we conclude our tour of 48 1639 162 Street, Surrey, BC, MLS^® R3064428, I hope you've fallen in love with this charming community. From its excellent schools to its convenient transportation options, this neighborhood has something for everyone. Whether you're a family, a young professional, or simply looking for a new place to call home, 48 1639 162 Street is an excellent choice.