3302 4988 Bennett St, Burnaby, BC, MLS^® R3047261

Welcome to 3302 4988 Bennett Street, a charming home in the heart of Burnaby, BC!

As a seasoned realtor with extensive knowledge of the area, I'm excited to share with you the wonderful details of this property, listed as MLS# R3047261.

Education

Let's start with the schools. Your children will thrive at Maywood Community School, rated 4.5/10, located just a short 0.54 km from this beautiful home. (1) This school is part of the Burnaby School District and offers a comprehensive education to its students. Burnaby South Secondary School, also nearby at 1.14 km, provides excellent opportunities for high school students. (2)

If you're interested in private education, Deer Lake School is the closest independent elementary school, located 2.01 km from this property, and 2.01 km from this home. (3) For secondary education, Deer Lake School is also the closest independent school, located 2.01 km from this property. (4)

Safety

As a parent, safety is a top concern. According to the latest crime data from Statistics Canada (2020), this neighborhood has a Below Average crime rate, with 6,145.56 incidents per 100,000 population. (5) Compared to other Canadian cities, this is a very safe area to live in. The year-over-year change in the total crime rate is -11.13%, indicating a decreasing trend in crime rates. (6)

Crime Breakdown

Let's take a closer look at the crime statistics:

• Drug crime rate: Below Average, with a rating of 126.78. (7)
• Property crime rate: Average, with a rating of 3,691.76. (8)
• Violent crime rate: Low, with a rating of 893.28. (9)

Demographics

Now, let's talk about the demographics of this lovely neighborhood:

• 38.9% of the population has a university certificate or degree, which is High compared to other BC neighborhoods. (10)
• 11.2% of the population has no certificate or degree, which is Low compared to the average in BC. (11)
• Median Household Income: $39,134, which is Low compared to the British Columbia average. (12)
• Median personal income: $18,805, which is also Low compared to the BC average. (13)
• % of Households with a mortgage: 45.4%, which is Low. (14)

Economy

The economy in this area is thriving:

• Unemployment rate: 7%, which is Below Average compared to other province neighborhoods. (15)

Growth and Development

This neighborhood is experiencing rapid growth:

• Population change between 2011 and 2016: 18.9%, which is High compared to average growth rate of this region. (16)
• Population density per square kilometre: 10,461.6, which is High. (17)

Lifestyle

Let's talk about the lifestyle in this neighborhood:

• Average size of families: 2.6, which is Low compared to the whole region. (18)
• % of families with children: 55.1%, which is Average. (19)
• % of Married or living common law: 53%, which is Below Average. (20)
• Average age of the population: 41.6, which is Average compared to other BC cities. (21)

Real Estate

Now, let's discuss the real estate market:

• Average value of dwellings: $532,612, which is Above Average compared to other areas in British Columbia. (22)
• Average Owner payments: $1,164, which is Average in the area. (23)
• Tenants are paying $1,332, which is High compared to other cities. (24)

Transportation

Getting around is easy:

• 43.1% of the population are renters, which is Above Average compared to other BC cities and areas. (25)
• % of English and French speakers: 3.8%, which is Low. (26)
• % of English speakers only: 82.8%, which is Below Average. (27)
• % of Neither English nor French speakers: 13.4%, which is High compared to other BC cities. (28)
• 33.3% of the population use Public Transport, which is High. (29)
• 51.3% of the population use Cars, which is Low. (30)
• 0.5% of people use Bicycles, which is Low. (31)