305 720 Eighth Ave, New Westminster, BC, MLS^® R3066105

Welcome to 305 720 Eighth Avenue in New Westminster, BC - A Charming Uptown Gem

As we step into the heart of Uptown New Westminster, you'll discover a vibrant community that offers the perfect blend of convenience, amenities, and lifestyle. This charming property, listed as MLS(R) R3066105, is nestled in a prime location that's perfect for families, professionals, and anyone looking for a relaxed yet urban lifestyle.

Education

Lord Kelvin Elementary School, rated 5.2/10, is just 0.5 km from this property, providing a convenient and safe learning environment for your children. Our Lady of Mercy School, an independent elementary school with a rating of 10/10, is also nearby, located 0.72 km from this home. For secondary education, Vancouver International College is just 0.42 km away, offering a range of programs for students.

Safety and Crime Rates

According to the latest statistics from Statistics Canada (2020), the crime rate in this neighborhood is Average, with 6,761.11 incidents per 100,000 population. This is comparable to other Canadian cities. The property crimes rate is also Average, with 3,807.97 incidents per 100,000 population. Violent crime rates are Average, with 1,383.94 incidents per 100,000 population.

Demographics and Lifestyle

This neighborhood boasts an Above Average level of education, with 27% of residents holding a university certificate or degree. Median household income is $47,232, which is Low compared to the BC average. The median personal income is $30,640, also Below Average. However, the unemployment rate is Below Average, at 6.9%.

Transit and Commuting

The Westbound 8th Ave @ New Westminster Secondary bus station is just 0.03 km away, offering easy access to public transportation. The property is also conveniently located near major highways, making commuting a breeze.

Amenities and Services

This area is home to a variety of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. Our Lady of Mercy Hospital is also nearby, providing medical services to the community.

Real Estate Context

The average value of dwellings in this neighborhood is $444,053, which is Above Average compared to other areas in British Columbia. Average owner payments are Below Average, at $1,103 per month. Tenants pay an average of $953 per month, which is Average.

Community Profile

The community around 305 720 Eighth Avenue is diverse, with 48% of the population renting their homes, which is High compared to other BC cities. The average age of the population is 51.1, which is High compared to other BC cities. The average family size is 2.5, which is Low. English and French speakers make up 6.9% of the population, while 89.1% speak only English.

Transportation and Lifestyle

The majority of residents use public transportation (28.6%), while 59% use cars, and 11.3% walk. Only 0.6% use bicycles, which is Below Average.

As we walk through this charming neighborhood, you'll discover a sense of community and convenience that's hard to find. With its prime location, excellent schools, and vibrant amenities, 305 720 Eighth Avenue in New Westminster, BC, is the perfect place to call home. Contact me, your trusted realtor, to schedule a viewing and make this property yours today!