408 Eighth St, New Westminster, BC, MLS^® R3055367

Welcome to 408 Eighth Street in New Westminster, BC!

As your trusted realtor, I'm excited to take you on a tour of this charming community. Let's start with the important stuff – education.

Lord Kelvin Elementary School: A Great Place to Learn

Just a short 0.73 km from 408 Eighth Street, you'll find Lord Kelvin Elementary School, rated 5.2/10. This school is perfect for families who value a strong education and a supportive community. Plus, with its proximity to home, you'll have peace of mind knowing your kids are safe and happy.

Urban Academy: An Independent School with a Great Reputation

If you're looking for an independent school option, Urban Academy is just 1.01 km away from 408 Eighth Street. This school boasts an impressive rating of 8.9/10, making it an excellent choice for families who want the best for their children.

Vancouver International College: A Convenient Secondary School Option

For secondary school students, Vancouver International College is a convenient option, located just 0.44 km from 408 Eighth Street. While it doesn't have a rating, it's a great choice for students who want to explore their interests and passions.

Safety First: A Look at Crime Rates

According to Statistics Canada's 2020 report, the neighbourhood around 408 Eighth Street, New Westminster, BC has an average crime rate of 6,761.11 incidents per 100,000 population. While this may seem high, it's essential to note that the year-over-year change in crime rates is a -10.42% decrease, indicating a safer community.

Breaking Down Crime Rates: A Closer Look

Let's dive deeper into the crime rates surrounding 408 Eighth Street. The drug crime rate is below average, with a rating of 134.4 and 111 incidents in 2020. Additionally, property crimes are average, with a rating of 3,807.97 and 3,145 incidents in 2020.

Violent Crime Rates: A Concern for Some

Unfortunately, violent crime rates are a concern in some areas. However, the neighbourhood around 408 Eighth Street has an average rate of 1,383.94 incidents per 100,000 population, with a -5.91% year-over-year decrease.

Getting Around: Public Transit and More

Just a short 0.08 km away from 408 Eighth Street is the Northbound 8th St @ 4th Ave bus station, making it easy to get around without a car.

Community Demographics: A Look at the Neighbourhood

The neighbourhood around 408 Eighth Street is a diverse and vibrant community. According to the latest data, 26.1% of residents have a university certificate or degree, which is above average in BC. Additionally, the median household income is $53,157, which is below average in British Columbia.

Housing and Mortgage Trends: What You Need to Know

The average value of dwellings in this neighbourhood is $390,400, which is average compared to other areas in British Columbia. Meanwhile, average owner payments are above average, with homeowners spending an average of $1,432 per month. Tenants, on the other hand, pay an average of $1,008 per month, which is average compared to other cities.

Population Growth and Density: What's Happening in the Area

The population around 408 Eighth Street has been growing steadily, with a 6.4% increase between 2011 and 2016, which is above average. The population density per square kilometer is 11,135.1, which is high.

Family Dynamics: What to Expect

The average size of families in this area is 2.6, which is low compared to the region. Additionally, 50.4% of families have children, which is below average. The average age of the population is 40.6, which is average compared to other BC cities.

Language and Transportation: What You Need to Know

The majority of residents speak English only (90%), with 8.1% speaking both English and French, and 1.9% speaking neither. When it comes to transportation, 33% of residents use public transport, 57.3% use cars, and 7% walk, with 0.9% using bicycles.

In conclusion...

408 Eighth Street is a fantastic location in New Westminster, BC, offering a mix of excellent schools, a diverse community, and convenient amenities. As your trusted realtor, I'd be happy to answer any questions you may have and help you find your dream home. MLS^® R3055367.