40 7520 18th St, Burnaby, BC, MLS^® R3069935

Welcome to 40 7520 18th Street, Burnaby, BC, a desirable address in the heart of this vibrant city. As your expert realtor, I'm excited to share with you the many advantages of this property, which is listed under MLS^® R3069935.

Schools

Just down the road from this beautiful home, you'll find Stride Avenue Community School, rated [No Rating] and located a mere 0.21 km away. This school is part of the Burnaby School District, and I'm sure families will appreciate its proximity to this property. Additionally, you'll be just 0.59 km from Byrne Creek Community School, another excellent option for students.

For those seeking a more private or specialized education, the closest elementary independent school to 40 7520 18th Street is St. Francis de Sales, with a stellar rating of 9/10 and located 1.24 km from this home. Meanwhile, the nearby St. Thomas More Collegiate, a secondary independent school, boasts a rating of No Rating and is situated just 1.13 km away.

Crime

Let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a Below Average crime rate of 6,145.56, with a mere 15,851 incidents reported. To put this into perspective, this rate is lower than the national average. Furthermore, the year-over-year change in the total crime rate is an impressive -11.13%. It's reassuring to know that this community is a peaceful and secure place to live.

Demographics

The demographics of this neighbourhood are equally impressive. With a median household income of $69,427, this area is Average in comparison to other BC neighbourhoods. Notably, 33.6% of the population holds a university certificate or degree, which is High compared to other areas in BC. Conversely, 12.9% of the population has no certificate or degree, a Below Average figure. The community is also relatively young, with an average age of 36.8, which is Low compared to other BC cities.

Transit

Getting around is a breeze in this neighbourhood. The closest bus station is Northbound Griffiths Dr @ Southpoint Dr, located just 0.21 km away from this property with MLS^® R3069935. You'll also be close to major highways and public transportation routes, making it easy to commute to work, school, or other destinations.

Lifestyle Amenities

This neighbourhood is teeming with lifestyle amenities. You'll find plenty of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby. With an average dwelling value of $581,353, this area is a haven for those seeking a comfortable and convenient lifestyle.

Real Estate Context

As a seasoned realtor, I can tell you that the real estate market in this area is thriving. The average owner payments are High in this neighbourhood, with homeowners spending an average of $1,588 per month on their properties. Meanwhile, tenants are paying $1,232 per month, which is Above Average compared to other cities.

Additional Insights

Other interesting facts about this neighbourhood include:

• 32.7% of the population are renters, which is Above Average compared to other BC cities.
• 38.2% of the population use public transport, which is High.
• 58% of the population use cars, which is Low.
• 2.7% of the population walk, which is Below Average.

In conclusion, 40 7520 18th Street, Burnaby, BC (MLS^® R3069935) is an exceptional property in a desirable neighbourhood. With its excellent schools, Below Average crime rate, and High demographics, this home is an excellent choice for families and individuals seeking a comfortable and convenient lifestyle.