1401 7235 Salisbury Ave, Burnaby, BC, MLS^® R3046861

Welcome to 1401 7235 Salisbury Avenue in Burnaby, BC

I'm thrilled to introduce you to this wonderful property, listed as MLS^® R3046861, located in the heart of Burnaby. As we explore this beautiful home, I'll share with you the amazing features and benefits of living in this fantastic neighborhood.

Education

First, let's talk about the excellent schools in the area. Taylor Park Elementary School, located just 1.2 kilometers from this property, boasts a rating of 7.9/10. Families love this area because of the school's strong reputation and proximity to home. Additionally, Byrne Creek Community School is a short 1.27 kilometers away, offering another excellent education option. If you're looking for an independent school, St. Francis de Sales is just 0.65 kilometers away, with a rating of 9/10. For secondary education, St. Thomas More Collegiate is a 1.46 kilometer drive away.

Safety and Crime

Burnaby is known for its low crime rates, and this neighborhood is no exception. According to the latest data from Statistics Canada (2020), this area has a crime rate of 6,145.56, which is below average compared to other Canadian cities. The rate is calculated as the number of incidents per 100,000 population. What's more, the year-by-year change in the total crime rate is -11.13%, indicating a decrease in crime rates. To give you a sense of the safety, the closest bus station is Westbound Kingsway @ Salisbury Ave, just 0.06 kilometers away from this property.

Demographics

This neighborhood is a hub for families and professionals alike. With 32.1% of residents holding a university certificate or degree, the area is known for its educated and employed population. In fact, 14.7% of residents have no certificate or degree, which is below average compared to the province. The median household income in the area is $44,442, which is lower than the British Columbia average. However, the median personal income is $24,236, also below average. The percentage of households with a mortgage is 59.7%, which is average.

Lifestyle and Amenities

Burnaby is a vibrant city with plenty of lifestyle amenities. The property at 1401 7235 Salisbury Avenue is surrounded by parks, beaches, and trails, making it an ideal location for outdoor enthusiasts. The nearby Kingsway shopping district offers a wide range of shopping, dining, and entertainment options. For healthcare, Burnaby Hospital is just a short drive away.

Transit and Commuting

The neighborhood is well-connected to the rest of the city and beyond. The closest bus station is just 0.06 kilometers away, and the property is also within walking distance to several major highways. If you prefer to use public transportation, 37.3% of residents in the area use public transport, while 56.6% use cars. The property is also bike-friendly, with 0.7% of residents using bicycles to commute.

Real Estate Context

The property at 1401 7235 Salisbury Avenue is a highly sought-after location, with an average dwelling value of $481,607. This is above average compared to other areas in British Columbia. The average owner payments are average, with homeowners spending $1,256 per month on their dwellings. Tenants, on the other hand, pay an average of $914 per month.

Population Growth and Diversity

The neighborhood has experienced a population change of -1.1% between 2011 and 2016, which is below average compared to the region. The population density per square kilometer is 14,193.3, which is high. The average size of families in the area is 2.7, which is below average. However, 57.8% of families in the area have children, which is average.

Language and Transportation

The area is predominantly English-speaking, with 87.1% of residents speaking only English. However, 4% of residents speak both English and French, while 0.1% speak only French. 9% of residents speak neither English nor French, which is high compared to other BC cities.

Unemployment and Housing

The unemployment rate in the area is 6.9%, which is below average compared to other province neighborhoods. 52.7% of residents in the area are renters, which is high compared to other BC cities and areas.

In conclusion, 1401 7235 Salisbury Avenue is an exceptional property in a fantastic neighborhood. With its excellent schools, low crime rates, and vibrant lifestyle amenities, this property is a must-see for anyone looking to call Burnaby home. As your trusted realtor, I'm here to guide you through the process and