2402 5860 Olive Ave, Burnaby, BC, MLS^® R3058020

Welcome to 2402 5860 Olive Avenue, Burnaby, BC - A Charming Neighborhood in the Heart of Metro Vancouver

Located in the vibrant Metrotown area of Burnaby, BC, this stunning property with MLS^® R3058020 offers the perfect blend of convenience, comfort, and community spirit. As we explore this wonderful neighborhood, you'll discover why families love living here.

Excellent Schools

Just down the road, you'll find Chaffey-Burke Elementary School, a highly-rated institution with a 7.2/10 rating, situated just 0.47 km from our property. This school is part of the Burnaby School District, one of the top school districts in British Columbia. According to Statistics Canada's 2020 report, Burnaby School District has an impressive average graduation rate of 92.3%. Families appreciate the school's commitment to academic excellence, extracurricular activities, and community engagement.

Safe and Secure

Our neighborhood boasts a low crime rate, making it an ideal place to raise a family. According to Statistics Canada's 2020 data, the overall crime rate in this area is 6,145.56, which is considered Below Average compared to other Canadian cities. The rate of violent lawbreaking disorders is also Low, with 893.28 incidents per 100,000 population. You can enjoy peace of mind knowing that your family is living in a secure and safe environment.

Thriving Community

Our neighborhood is home to a diverse and vibrant community, with 41.1% of residents holding a university certificate or degree, making it one of the highest percentages in British Columbia. This suggests a highly educated and motivated community, which is reflected in the neighborhood's strong sense of community and social connections. Whether you're a young professional or a family with children, you'll find a welcoming and inclusive atmosphere here.

Convenient Location

With the Eastbound Kingsway @ Olive Ave bus station just 0.09 km away, you'll have easy access to public transportation, making it simple to get around the city. The nearby Metrotown shopping center offers a wide range of amenities, including grocery stores, restaurants, and entertainment options. You'll also be close to major highways and the SkyTrain, making it easy to commute to work or explore the surrounding area.

A Haven for Families

Our neighborhood is perfect for families, with an average family size of 2.6, which is lower than the regional average. 56.1% of families in this area have children, and 53.2% of households are married or living common law, making it a great place to build lasting relationships. The average age of the population is 40.9, which is considered Average in comparison to other BC cities.

Affordable and Convenient Housing

The average value of dwellings in this neighborhood is $523,380, which is Above Average compared to other areas in British Columbia. However, the average owner payments are Below Average, with homeowners spending $1,037 on average. Tenants are paying $1,255, which is Above Average compared to other cities. With 66.4% of the population renting, this is a great option for those looking for affordable housing.

Getting Around

Our neighborhood is well-connected, with 49.3% of residents using public transportation, 39.3% driving cars, 0.5% using bicycles, and 9.1% walking. This makes it easy to get around without a car, reducing traffic congestion and promoting a healthier lifestyle.

Experience the Best of Burnaby

At 2402 5860 Olive Avenue, Burnaby, BC, MLS^® R3058020, you'll discover a vibrant and welcoming community that offers the best of both worlds: convenience, comfort, and a strong sense of community. Whether you're a first-time buyer, a growing family, or a seasoned homeowner, this property is sure to exceed your expectations. Contact me today to schedule a viewing and experience the best of Burnaby!