313 8850 University Cres, Burnaby, BC, MLS^® R2961084

Welcome to 313 8850 University Crescent, a beautiful property located in the heart of Burnaby, BC. As a seasoned realtor with years of experience, I'm excited to share with you the many benefits of this stunning home, MLS^® R2961084.

Schools

As a parent, you'll be thrilled to know that this property is serviced by the highly-rated University Highlands Elementary School, situated just 0.25 km away from your front door. With a rating of 7.1/10, this school is a top choice for families in the area. Just down the road, you'll also find Burnaby Mountain Secondary School, located 2.83 km from your home, offering a range of academic programs and extracurricular activities. For families who prefer an independent school setting, Mediated Learning Academy is a close option, with a rating of No Rating and located 1.94 km from your home.

Safety

According to Statistics Canada's 2020 report, the neighbourhood surrounding 313 8850 University Crescent, Burnaby, BC boasts a Below Average crime rate of 6,145.56 incidents per 100,000 population. This is a testament to the safe and welcoming community that awaits you here. Specifically, the drug crime rate is also Below Average, with a rating of 126.78 and 327 lawbreaking disturbances in 2020.

Demographics

The community around 313 8850 University Crescent is characterized by a high percentage of residents with university certificates or degrees, at 36.8% - a significant advantage in comparison to other BC neighbourhoods. Meanwhile, the median household income is $71,834, which is Average in comparison to the British Columbia average. The median personal income is $29,798, however, which is Below Average. A notable 63% of households in the area have a mortgage, indicating a strong sense of ownership and investment in the community.

Transit and Commuting

The convenience of public transportation is a major draw for this property, with the SFU Transit Exchange @ Bay 4 located just 0.32 km away. This makes it easy to get around the city without the need for a car. In fact, 23.2% of the population in the area uses public transport, while 65% rely on cars - a relatively low percentage.

Lifestyle Amenities

When it comes to lifestyle, 313 8850 University Crescent offers a range of amenities and attractions. With an average dwelling value of $793,873, this property is an excellent investment opportunity. The average owner payments are Above Average, at $1,562 per month, while tenants pay $1,393 per month - also High compared to other cities. With 45.1% of the population renting, this is an attractive option for those looking for a low-maintenance lifestyle.

Community and Culture

The community surrounding 313 8850 University Crescent is diverse and vibrant, with a range of cultural and linguistic backgrounds represented. While there is a notable percentage of English speakers only, at 88.6%, there are also opportunities to connect with those who speak other languages, including French and other languages. With 9.5% of the population walking to their destinations, this is a great place to explore on foot.

Additional Insights

As a seasoned realtor, I've noticed that the population density in this area is Average, at 637.5 people per square kilometre. The average size of families in the area is also Average, at 2.9 people per household. With a low average age of 35.8 years, this is a great place to start or grow a family.

In conclusion, 313 8850 University Crescent, Burnaby, BC, MLS^® R2961084 is an exceptional property that offers a unique blend of safety, convenience, and lifestyle amenities. Whether you're a first-time buyer, a growing family, or simply someone looking for a low-maintenance lifestyle, this property is an excellent choice. Contact me today to schedule a viewing and experience the best of Burnaby, BC!