101 9298 University Cres, Burnaby, BC, MLS^® R3069633

Welcome to 101 9298 University Crescent, Burnaby, BC - MLS^® R3069633

As we walk through the charming neighborhood of 101 9298 University Crescent, Burnaby, BC, you'll notice the vibrant community that surrounds this stunning property. With its prime location and excellent amenities, this home is sure to capture your heart.

Education: A Top Priority

Just down the road from 101 9298 University Crescent, Burnaby, BC, you'll find University Highlands Elementary School, rated 7.1/10. This highly-regarded school is just 0.28 km away, making it an ideal choice for families with children. Additionally, Burnaby Mountain Secondary School is located 2.65 km from this property, offering students access to a well-rounded education.

As we explore the area, you'll also discover Mediated Learning Academy, an independent elementary school with a No Rating, located 1.54 km from 101 9298 University Crescent. And for secondary students, Mediated Learning Academy is also just 1.54 km away, providing a convenient and supportive learning environment.

Safety First: Low Crime Rates

According to Statistics Canada's 2020 report, this neighborhood boasts a Below Average crime rate of 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this rate is notably low. Furthermore, the year-over-year change in the total crime rate is a staggering -11.13%, demonstrating a significant decline in crime rates.

Breaking down the crime statistics, we see that the drug crime rate is also Below Average, with a rating of 126.78. There were 327 illegal substances lawbreaking disturbances in 2020, and the year-over-year change in the illegal substances offences ranking is 2.35%. Property crimes in the area are Average, with a rating of 3,691.76. There were 9,522 property misconduct incidents in 2020, and the year-over-year change in the property misconduct rate is -17.54%. Lastly, the violent crime rate is Low, with 893.28 incidents per 100,000 population, and a year-over-year change of -5.51%.

A Thriving Community

As we explore the neighborhood, you'll discover the Southbound Tower Rd @ University High Street bus station, just 0.4 km away from 101 9298 University Crescent, Burnaby, BC. This convenient public transportation option makes it easy to get around the city.

In terms of demographics, 36.8% of the population holds a university certificate/degree, which is High compared to other BC neighborhoods. Conversely, 7.4% of the population has no certificate or degree, which is Low compared to the average in BC.

Economic Stability

The median household income in this neighborhood is $71,834, which is Average compared to the British Columbia average. Median personal income is $29,798, which is Below Average compared to the BC average. However, 63% of households in this census subdivision have a mortgage, which is Above Average.

Unemployment and Growth

The unemployment rate in this area is 8.3%, which is Average compared to other province neighborhoods. The population change between 2011 and 2016 was 4.4%, which is Above Average compared to average growth rates in this region.

Lifestyle and Amenities

This property is situated in the Simon Fraser Univer. area, where the population density per square kilometre is 637.5, which is Average. The average family size in this area is 2.9, which is Average compared to the whole region. Families with children make up 67.6% of households, which is Above Average.

Average Age and Value

The average age of the population is 35.8, which is Low compared to other BC cities. The average value of dwellings in this neighborhood is $793,873, which is High compared to other areas in British Columbia.

Owner and Tenant Payments

Average owner payments are Above Average in this area, with $1,562 spent on dwellings. Tenants in this district pay $1,393 on average, which is High compared to other cities.

Rental Market and Language

45.1% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The % of English and French speakers is 8.3%, which is Average. The % of English speakers only is 88.6%, which is Below Average. The % of French speakers only is 0.1%, which is Low. The % of Neither English nor French speakers is 3.2%, which is Above Average.

Transportation

23.2% of the population in this area use Public Transport, which is Above Average. 65