118 8511 Westminster Hwy, Richmond, BC, MLS^® R3040568

Welcome to 118 8511 Westminster Highway, a beautiful property located in the heart of Richmond, BC.

Education

Let's start with the schools. The property is serviced by William Cook Elementary School, which has a rating of 5.7/10. This school is located just 0.63 km from your front door, making it an ideal choice for families. Additionally, A.R. MacNeill Secondary School is also nearby, with a rating of No Rating. For those seeking independent education options, Pythagoras Academy (No Rating) and City Vancouver Academy (No Rating) are both within a 1.3 km radius.

Crime

When it comes to crime, the area around 118 8511 Westminster Highway, Richmond, BC has an average crime rate compared to other Canadian cities, with 7,826.57 incidents per 100,000 population in 2020. This is a reassuring statistic for those concerned about safety. According to Statistics Canada, the overall crime rate in this neighbourhood is Average, with a -3.39% year-over-year change in total crime rate.

Demographics

The demographics of this neighbourhood are diverse and thriving. With 32.5% of the population holding a university certificate or degree, this area is Above Average in comparison to other BC neighbourhoods. On the other hand, 12.9% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income is $48,081, which is Low in comparison to the British Columbia average. However, the area has a high percentage of homeowners, with 66.7% of households owning their homes, which is Above Average.

Transit

Convenience is key, and 118 8511 Westminster Highway, Richmond, BC has plenty of it. The nearest bus station, Northbound Cooney Rd @ Westminster Hwy, is just 0.17 km away from this property with MLS^® R3040568.

Lifestyle Amenities

This neighbourhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average size of families in the area is 2.7, which is Below Average compared to the whole region. However, 63.3% of families in this area have children, which is Above Average.

Real Estate Context

The average value of dwellings in this neighbourhood is $389,044, which is Average compared to other areas in British Columbia. The average owner payments are Average in the area, with owners spending $1,163 on average for their dwellings. Tenants, on the other hand, are paying $1,211 in this district, which is Above Average.

Unemployment Rate

The unemployment rate in this area is 7.6%, which is Average compared to other BC cities and areas.

Community Growth

The population change between 2011 and 2016 was 16.8%, which is High compared to average growth rates in this region.

TransportATION

This neighbourhood is well-connected, with 27.6% of the population using public transportation, which is High. On the other hand, 60.3% of the population uses cars, which is Low. 1% of people use bicycles, which is Average, and 10.2% of the population walks, which is High.

Language

The language spoken in this area is predominantly English, with 81.4% of the population speaking only English. However, 4.1% of the population speaks both English and French, which is Low.

Ownership and Rental Market

37.8% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Conclusion

In conclusion, 118 8511 Westminster Highway, Richmond, BC MLS^® R3040568 is a wonderful property located in a thriving neighbourhood. With its excellent schools, average crime rate, diverse demographics, and convenient location, this property is an ideal choice for families and individuals alike. As your trusted realtor, I'm confident that you'll love this community and make it your home.