12038 59 Ave, Surrey, BC, MLS^® R2997536

Welcome to 12038 59 Avenue, a charming property located in the heart of Surrey, BC. As we step into this beautiful home, you'll notice its exceptional location in the Panorama Ridge neighborhood, offering the perfect blend of tranquility and convenience.

Let's start with the schools. This home is serviced by the highly-rated Boundary Park Elementary School, which is just a short 1.08 km away. With a rating of 7.3/10, this school is a top choice for families who value education. (1) You'll also find Tamanawis Secondary School nearby, offering students a well-rounded education and a wide range of extracurricular activities.

As we explore the neighborhood, you'll notice that it's close to various schools, including St. Bernadette, a highly-rated independent elementary school with a rating of 8.5/10, located just 2.67 km from this home. For secondary education, Regent Christian Academy is a nearby option, with a rating of 8.1/10 and located 6.45 km from this address.

Now, let's talk about the safety of the area. According to the latest crime statistics from Statistics Canada, the neighborhood surrounding 12038 59 Avenue, Surrey, BC has an average crime rate of 7,512.73, which is average compared to other Canadian cities. (2) In fact, the overall crime rate has decreased by 12.05% over the years, making this area a relatively safe and peaceful place to live.

If you're concerned about crime, you'll be glad to know that the rate of property misconduct in the area is average, with a rating of 3,746.17 and 22,427 incidents reported in 2020. (3) However, the rate of drug-related crimes is above average, with a rating of 390.7 and 2,339 incidents reported in 2020. (4) It's essential to note that crime rates can fluctuate over time, so it's always a good idea to stay informed about the local situation.

Now, let's talk about the demographics of the area. This neighborhood is home to a diverse population, with 21.6% of residents holding a university certificate or degree, which is average compared to other BC neighborhoods. (5) However, 13.4% of the population has no certificate or degree, which is below average compared to the province. (6)

In terms of income, the median household income in the area is $95,019, which is high compared to the British Columbia average. (7) Additionally, the median personal income is $38,694, which is above average compared to the province. (8) However, the percentage of households with a mortgage is low, at 42.7%, indicating that many residents may be renters. (9)

As we explore the area, you'll notice that the unemployment rate is average, at 7.2%. (10) This suggests that the local economy is relatively stable, with many job opportunities available.

In terms of population growth, the area around 12038 59 Avenue, Surrey, BC has experienced a low population change of -3.5% between 2011 and 2016, which is lower than the average growth rate of this region. (11) However, the population density per square kilometer is above average, at 3,374.9. (12)

The average family size in the area is 2.8, which is below average compared to the whole region. (13) However, 52.1% of families have children, which is below average. (14) On the other hand, 66.1% of residents are married or living common law, which is above average. (15)

In terms of age, the average age of the population is 46, which is high compared to other BC cities. (16) This suggests that the area is home to many mature residents who have established themselves in the community.

As we discuss the real estate market, you'll be interested to know that the average value of dwellings in the area is $739,613, which is high compared to other areas in British Columbia. (17) However, the average owner payments are average, with owners paying $1,212 per month on average. (18) Tenants, on the other hand, pay $1,080 per month on average. (19)

In terms of language, 91% of residents speak only English, which is average compared to other BC cities. (20) Only 5% of residents speak both English and French, which is below average. (21) However, 4% of residents speak neither English nor French, which is high compared to other BC cities. (22)

Finally, let's talk about transportation. 87.