416 1945 Woodway Pl, Burnaby, BC, MLS^® R3043771

Welcome to the charming community surrounding 416 1945 Woodway Place, Burnaby, BC, MLS^® R3043771. As your trusted realtor, I'm delighted to give you a tour of the neighborhood, highlighting its best features and what makes it a great place to call home.

First, let's talk about education. Your children will thrive in this area, with Brentwood Park Elementary School just a short 0.58 km away. This highly-rated school boasts a 7.5/10 rating, making it an excellent choice for families. In fact, families love this area because of its top-notch schools, including Alpha Secondary School, located just 1.16 km from your new home. Alpha Secondary School may not have a rating, but its proximity to the community is undeniable.

In addition to public schools, the closest elementary independent school is Holy Cross Elementary School, with a stellar 10/10 rating. Located just 0.45 km from your home, it's an excellent option for families seeking a private education. For secondary independent education, Whytecliff Agile Learning Centre (Burnaby) is just 2.76 km away, offering a unique and engaging learning experience.

Now, let's discuss safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a Below Average crime rate of 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this area is considered safe, with a notable decrease in crime rates over the past year (-11.13%). You'll feel at ease knowing that your home is in a secure and peaceful environment.

Regarding demographics, 39.8% of residents in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 7% of the population has no certificate or degree, which is Low compared to the average in BC. This diverse community is perfect for professionals and families seeking a dynamic and educated environment.

In terms of lifestyle, you'll find that this neighborhood is well-connected to public transportation. The closest bus station is Eastbound Lougheed Hwy @ Douglas Rd, just 0.2 km away from your new home. With 62.5% of residents using cars, you'll have ample opportunities to explore the city and surrounding areas.

Now, let's talk about the local economy. The median household income in this area is $67,212, which is Average compared to the British Columbia average. However, the median personal income is $38,912, which is Above Average in comparison to the BC average. You'll find that this neighborhood is a great place to start or grow your career, with 74.9% of households owning their homes, which is High.

If you're looking for a community with a growing population, you'll love this area. Between 2011 and 2016, the population change was 17.3%, which is High in comparison to the average growth rate of this region. You'll find that this neighborhood is vibrant and dynamic, with a mix of young professionals and families.

In terms of family dynamics, the average size of families in this area is 2.6, which is Low compared to the whole region. However, 51.6% of families have children, which is Below Average. On the other hand, 55.3% of residents are married or living common law, which is also Below Average.

The average age of the population in this area is 36.4, which is Low compared to other BC cities. You'll find that this neighborhood is young and energetic, with plenty of opportunities for socializing and community engagement.

Now, let's talk about real estate. The average value of dwellings in this neighborhood is $425,860, which is Above Average compared to other areas in British Columbia. You'll find that this area is a great investment opportunity, with a mix of old and new homes.

In terms of ownership and rental costs, Average owner payments are Above Average in this area, with $1,426 spent on average for dwellings. Tenants, on the other hand, pay $1,280 on average, which is also Above Average compared to other cities.

Finally, 41.2% of the population in this area are renters, which is Above Average compared to other BC cities and areas. You'll find that this neighborhood is a great place to find a rental property or invest in real estate.

In conclusion, 416 1945 Woodway Place, Burnaby, BC, MLS^® R3043771 is a fantastic opportunity to live in a safe, educated, and vibrant community. With top-notch schools, Below Average crime rates, and a diverse population, you'll find that this neighborhood is the perfect place to call home.