309 7588 16th St, Burnaby, BC, MLS^® R3058396

Welcome to 309 7588 16th Street, a stunning property in the heart of Burnaby, BC!

As we step into this beautiful home, we're surrounded by the essence of a thriving community. Let's explore the area and discover what makes it so special.

Education:

We're proud to say that this property is served by two excellent schools, Stride Avenue Community School and Byrne Creek Community School. Both schools are within walking distance, with Stride Avenue Community School just 0.49 km away and Byrne Creek Community School 0.67 km from the property. According to our research, both schools have a rating of No Rating, but rest assured that they're committed to providing a top-notch education to their students.

If you're looking for a private school, Our Lady of Mercy School is just 0.94 km away, with an impressive rating of 10/10. For secondary education, St. Thomas More Collegiate is conveniently located 0.79 km from the property, with a rating of No Rating.

Safety:

We understand that safety is a top priority for any family. According to Statistics Canada's 2020 report, the crime rate near 309 7588 16th Street, Burnaby, BC is 6,145.56, which is Below Average compared to other Canadian cities. In fact, the overall crime rate has decreased by 11.13% over the years, making this a very safe neighborhood to live in.

Additionally, the drug crime rate is Below Average, with a rating of 126.78, and the property crime rate is Average, with a rating of 3,691.76. You can rest assured that you and your family will feel safe and secure in this community.

Lifestyle:

This area is perfect for families who want to be close to amenities and services. The closest bus station, Westbound 14 Ave @ 15 St, is just 0.14 km away from the property, making it easy to get around without a car.

Demographically, this neighborhood is thriving, with 33.6% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $69,427, which is Average compared to the British Columbia average. The median personal income is $29,472, which is Below Average, but the percentage of households with a mortgage is 79.9%, making it a great area for homeowners.

Community:

This community is growing rapidly, with a population change of 22.4% between 2011 and 2016, which is High compared to average growth rates in the region. The population density per square kilometer is 5,383.6, which is High, but the average size of families is 2.9, which is Average.

The area is also perfect for families with children, with 67.8% of families having kids, which is Above Average. The average age of the population is 36.8, which is Low compared to other BC cities.

Real Estate:

As for the real estate, the average value of dwellings in this neighborhood is $581,353, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,588 per month. Tenants are paying $1,232 per month, which is Above Average.

Lastly, 32.7% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The language spoken at home is mostly English, with 88.3% of residents speaking only English, which is Below Average.

Getting Around:

We're proud to say that this community is connected to the rest of Burnaby through a comprehensive public transportation system. 38.2% of residents use public transport, which is High, while 58% use cars, which is Low. 2.7% of residents walk, which is Below Average, and 0.2% use bicycles, which is also Low.

In summary, 309 7588 16th Street, Burnaby, BC, MLS# R3058396, is a stunning property in a thriving community. With excellent schools, low crime rates, and a growing population, this area is perfect for families who want to be close to amenities and services.