59 5811 122 St, Surrey, BC, MLS^® R3041105

Welcome to Panorama Ridge: Your Home Away from Home

As we step into the vibrant community of Panorama Ridge, nestled in the heart of Surrey, BC, you'll discover a neighborhood that perfectly blends tranquility and convenience. Located at 59 5811 122 Street, this stunning property, listed as MLS^® R3041105, is a true gem waiting to be discovered.

Education: Where Knowledge Meets Opportunity

Families with children will love the proximity to top-notch schools in the area. Our property is just a short 0.99 km from Boundary Park Elementary School, which boasts an impressive rating of 7.3/10. Your little ones will thrive in this supportive environment, where they can grow and learn alongside fellow students and dedicated teachers.

For secondary education, Tamanawis Secondary School is just 1.81 km away, providing access to a broader range of academic and extracurricular opportunities. And, for those seeking an alternative educational path, St. Bernadette Elementary Independent School is a mere 2.4 km away, with a stellar rating of 8.5/10. Additionally, Regent Christian Academy Secondary Independent School, rated 8.1/10, is 6.1 km from this address.

Safety First: A Peace of Mind

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 59 5811 122 Street, Surrey, BC, boasts an average crime rate of 7,512.73 incidents per 100,000 population. This is a reassuring statistic, indicating a typical urban environment with minimal concerns for residents. When compared to other Canadian cities, the crime rate here is Average, giving you peace of mind and a sense of security.

Breaking down the crime statistics further, we see that drug crime rates are Above Average, with a rating of 390.7 incidents per 100,000 population. Property crimes, however, are Average, with a rating of 3,746.17 incidents per 100,000 population. Violent crime rates are also Below Average, at 1,310.25 incidents per 100,000 population.

Transit and Commuting: Convenience at Your Doorstep

Getting around is a breeze, thanks to the proximity of public transportation options. The Southbound 124 St @ 58A Ave bus station is just 0.39 km away from our property, making it easy to explore Surrey and beyond.

Demographics: A Thriving Community

Panorama Ridge is a diverse neighborhood with a mix of young and old, families and professionals. According to the latest census data, 21.6% of residents hold a university certificate or degree, which is Average compared to other BC neighborhoods. Meanwhile, 13.4% of the population has no certificate or degree, a Below Average figure compared to the average in BC.

The median household income in the area is a respectable $95,019, which is High compared to the British Columbia average. Median personal income is also Above Average, at $38,694. Interestingly, 42.7% of households in the area have a mortgage, which is Low compared to other regions.

Unemployment and Growth: A Thriving Economy

The unemployment rate in the area surrounding 59 5811 122 Street, Surrey, BC, is a relatively low 7.2%, which is Average compared to other province neighborhoods.

In terms of population growth, the area has experienced a low -3.5% change between 2011 and 2016, which is Lower compared to average growth rates in the region. However, this stability can be an attractive aspect for those seeking a calm and predictable living environment.

Dwellings and Lifestyle: A Home Away from Home

The average value of dwellings in the neighborhood surrounding 59 5811 122 Street, Surrey, BC, is a substantial $739,613, which is High compared to other areas in British Columbia. Average owner payments are Average in the area, with homeowners spending around $1,212 per month.

Tenants, on the other hand, pay an average of $1,080 per month, which is also Average compared to other cities. A mere 14.4% of the population in the area are renters, which is Below Average compared to other BC cities and areas.

Language and Transportation: A Multicultural Community

The neighborhood surrounding 59 5811 122 Street, Surrey, BC, is a melting pot of cultures, with 5% of the population speaking neither English nor French, which is Below Average compared to other BC cities. English speakers make up 91% of the population, which is Average. Meanwhile, 4% of the population speaks neither English nor French, which is High compared to other BC cities.

Transportation-wise, 9.1% of the population uses public transport