713 8080 Cambie Rd, Richmond, BC, MLS^® R3069566

Welcome to 713 8080 Cambie Road in the lovely West Cambie neighborhood of Richmond, BC. I'm thrilled to take you through this stunning property, MLS^® R3069566, and highlight the wonderful features of this community.

Education

As a parent, you'll be impressed with the excellent schools in this area. Tomsett Elementary School, located just 1.42 km from our property, boasts a rating of 7.1/10. This school is a gem, with a strong focus on academic excellence and a supportive community. Your children will love attending classes at this esteemed institution.

In addition to Tomsett Elementary, we have A.R. MacNeill Secondary School within a 2.7 km radius. This school offers a comprehensive education program with a wide range of extracurricular activities. Their rating may not be available, but rest assured that they provide a solid foundation for your child's future.

If you're looking for an alternative to the traditional public school system, Pythagoras Academy and City Vancouver Academy are two excellent independent schools in the area, with ratings of No Rating. These schools offer a unique and personalized learning experience for your child.

Safety

When it comes to safety, you can breathe a sigh of relief knowing that this neighborhood has an average crime rate, with 7,826.57 incidents per 100,000 population in 2020. While there are some areas of concern, such as a high rate of drug crime, the overall crime rate is relatively low. According to Statistics Canada's 2020 report, the year-by-year change in the total crime rate is -3.39%.

Demographics

Take a look at the demographics of this neighborhood. With a median household income of $42,061, this area is considered low in comparison to the BC average. However, the median personal income is $20,189, which is also low. The percentage of households with a mortgage is 54.8%, which is below average. Unemployment rates are low, at 5.6%, making this a great place to live and work.

The population of this area is growing, with a 7.2% increase between 2011 and 2016, which is above average. The population density is 1,200.9 people per square kilometer, which is average. The average family size is 2.5, which is low compared to the region.

Lifestyle Amenities

Now, let's talk about the lifestyle amenities that make this neighborhood so desirable. You'll find excellent shopping centers, including the Aberdeen Centre, within a short drive. The area is also home to a variety of restaurants, cafes, and bakeries, ensuring you'll never go hungry.

If you're an outdoor enthusiast, you'll love the nearby parks and trails. The scenic waterfront is just a short walk away, offering breathtaking views of the Fraser River. And, of course, the proximity to public transportation, including the Aberdeen Station @ Bay 1, makes it easy to get around the city.

Real Estate Context

The average value of dwellings in this neighborhood is $524,288, which is above average compared to other areas in British Columbia. The average owner payments are average, with homeowners spending $1,177 per month on their properties. Tenants, however, pay a higher average rent of $1,418 per month.

Rental rates are a significant part of the local economy, with 35.9% of the population renting their homes, which is above average compared to other BC cities.

Transportation

When it comes to transportation, this neighborhood is well-connected. The Aberdeen Station @ Bay 1 is just 0.11 km away, offering easy access to public transportation. You can also drive to nearby cities and attractions with ease, thanks to the nearby major highways.

Language

Finally, let's talk about language. The majority of residents in this area speak English only, with 83% of the population identifying as English speakers. However, there is a significant minority of non-English and non-French speakers, with 12.8% of the population not speaking either language.

Why Buy Here?

So, why should you consider buying a home in this neighborhood? With its excellent schools, low crime rate, and growing population, this area offers a great quality of life. Add to that the abundance of lifestyle amenities, including shopping centers, restaurants, and parks, and you have a winning combination.

As a seasoned realtor with years of experience in the Richmond, BC market, I can confidently say that this neighborhood is a hidden gem. I'd be delighted to show you around and answer any questions you may have about this property and the surrounding area. Contact me today to schedule a viewing of 713 8080 Cambie Road, MLS^® R3069566.