1202 6811 Pearson Way, Richmond, BC, MLS^® R2963889

Welcome to 1202 6811 Pearson Way, Richmond, BC - MLS^® R2963889

As a proud realtor in Richmond, BC, I'm thrilled to introduce you to this beautiful property located in the heart of the city. With its stunning features and prime location, this home is sure to capture your heart.

Education

When it comes to education, families love this area because it's serviced by Samuel Brighouse Elementary School, a highly-rated institution that's just a short 1.16 km away from your new home. With a rating of 6.5/10, this school provides a great foundation for your children's academic journey. Additionally, Richmond Secondary School, with a rating of No Rating, is also nearby, located 1.74 km from your property.

For parents seeking an alternative education option, Pythagoras Academy, an Elementary independent school with No Rating, is just 1.62 km away, while City Vancouver Academy, a Secondary independent school with No Rating, is 1.81 km from your doorstep.

Crime

According to the latest crime data from Statistics Canada (2020), this neighbourhood has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. With a low rate of 919.25 for violent lawbreaking disorders, you can feel safe and secure in your new home. Property crimes are also Average in this area, with a rating of 3,238.66.

Demographics

This neighbourhood is a hub of activity, with 33.8% of residents holding a university certificate or degree, making it High in comparison to other BC neighbourhoods. However, 13% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income is $36,759, which is Low compared to the British Columbia average. The median personal income is $18,514, also Low in comparison to the BC average. Interestingly, 55% of households in this area have a mortgage, which is Below Average.

Transit

Convenience is key, and this property is located near the Westbound River Rd @ Hollybridge Way bus station, just 0.35 km away. With 27.6% of the population using public transport, you'll have easy access to all the amenities Richmond has to offer.

Lifestyle Amenities

This neighbourhood is surrounded by a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. With an average value of dwellings at $711,643, this area is a great investment opportunity.

Real Estate Context

As a realtor in Richmond, I can tell you that the average owner payments in this area are Above Average, with $1,392 spent on average for the dwelling. Tenants, on the other hand, pay $1,363, which is High compared to other cities.

With 43.9% of the population renting, this area is Above Average in terms of rental occupancy. English and French speakers make up 2.9% of the population, while English speakers only account for 79.7%, which is Below Average.

Unemployment Rate

The unemployment rate in this area is 8.8%, which is Average compared to other province neighbourhoods.

Population Growth

This neighbourhood has experienced a high population growth rate of 37.3% between 2011 and 2016, making it a great place to invest in real estate.

Average Size of Families

The average size of families in this area is 2.6, which is Low compared to the whole region. However, 54.5% of families with children live in this area, which is Below Average.

Average Age

The average age of the population in this area is 42.9, which is Above Average compared to other BC cities.

Average Value of Dwellings

With an average value of dwellings at $711,643, this area is a great investment opportunity.

Owner Payments

Average owner payments in this area are Above Average, with $1,392 spent on average for the dwelling.

Tenants' Payments

Tenants, on the other hand, pay $1,363, which is High compared to other cities.

Rental Occupancy

With 43.9% of the population renting, this area is Above Average in terms of rental occupancy.

Language

English and French speakers make up 2.9% of the population, while English speakers only account for 79.7%, which is Below Average.

Transportation

27.6% of the population uses public transport, while 57.9% use cars, which is Low. 0.9% of people use bicycles, which is Average,