505 8158 166 St, Surrey, BC, MLS^® R3068174

Welcome to 505 8158 166 Street, a stunning property in the heart of Surrey, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible home.

Education

When it comes to education, this community has it all. William Watson Elementary School, located just 0.4 km from this property, boasts a rating of 5.9/10. Families love this area because of its excellent educational opportunities. You'll also find Fleetwood Park Secondary School, rated No Rating, just 1.97 km away. And for those seeking an independent school option, Gobind Sarvar School, rated 5.5/10, is a short 1.56 km away. For secondary independent school options, Holy Cross Regional High School, rated No Rating, is a convenient 1.74 km from your doorstep.

Safety and Crime Rates

Let's talk about safety. According to Statistics Canada's 2020 report, this neighbourhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. In 2020, there were 44,976 disturbances in the area. While crime is a concern in any urban area, this community has seen a decrease in crime rates over the years, with a year-by-year change of -12.05%. Additionally, the drug crime rate is Above Average, with a rating of 390.7, and the property crime rate is Average, with a rating of 3,746.17. Violent crime rates are also Below Average, with a rating of 1,310.25.

Lifestyle and Amenities

This community is all about convenience and lifestyle. The closest bus station is Eastbound Fraser Hwy @ 166 St, just 0.08 km away from this property. You'll also find a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby. The average household income in this area is $94,208, which is High compared to the British Columbia average. With a median personal income of $31,360, this community is perfect for those who want to balance work and play.

Demographics and Growth

The population in this area is growing, with a change of 3.7% between 2011 and 2016, which is Above Average compared to the average growth rate of this region. The population density is 3,412.7 people per square kilometre, which is Above Average. The average family size is 3.2, which is High, and 76.8% of families have children, making this a great community for families. The average age of the population is 38.5, which is Below Average compared to other BC cities.

Real Estate and Lifestyle

When it comes to real estate, this property is a gem. With an average value of dwellings in this neighbourhood at $697,668, this is a High comparison to other areas in British Columbia. The average owner payments are $1,634, which is High, and tenants are paying an average of $1,023, which is Average compared to other cities. Only 15.2% of the population in this district are renters, which is Below Average compared to other BC cities and areas.

Transportation and Language

Getting around is easy in this community. 81.5% of the population use cars, 12.7% use public transport, and 1.4% use bicycles. While 2.4% of the population walk, this is Below Average.

In conclusion, 505 8158 166 Street, Surrey, BC, MLS^® R3068174, is a fantastic property that offers the perfect blend of education, safety, lifestyle, and demographics. With its excellent schools, Above Average growth rate, and High household income, this community is a great choice for families and individuals alike. Contact me today to schedule a viewing and make this property yours!

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