510 7579 16th St, Burnaby, BC, MLS^® R3064436

Welcome to 510 7579 16th Street, a stunning property in the heart of Burnaby, BC, listed as MLS^® R3064436. As your trusted realtor, I'm excited to guide you through the amenities and features of this fantastic neighborhood.

Schools

When it comes to education, this community has it all. Stride Avenue Community School, located just 0.46 km from this property, has a rating of "No Rating" but is a great option for families. Another nearby option is Byrne Creek Community School, situated 0.64 km away, also with a "No Rating". For those seeking a private school experience, Our Lady of Mercy School is the closest Elementary independent school, boasting a 10/10 rating and located 0.97 km from this property. For Secondary education, St. Thomas More Collegiate is the closest independent school, with a "No Rating" and situated 0.82 km away.

Safety

Let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 510 7579 16th Street, Burnaby, BC has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. In fact, the year-over-year change in the total crime rate is -11.13%, indicating a decrease in crime. When it comes to specific types of crime, drug-related offenses are Below Average, with a rating of 126.78 and 327 incidents in 2020. Property crimes are Average, with a rating of 3,691.76 and 9,522 incidents in 2020. Violent crimes are Low, with a rate of 893.28 and 2,304 incidents in 2020.

Transit

Getting around is a breeze with several transportation options nearby. The closest bus station is Westbound 14 Ave @ 15 St, just 0.17 km away from this property.

Demographics

This neighborhood is home to a diverse population. With 33.6% of residents holding a university certificate or degree, it's considered High compared to other BC neighborhoods. On the other hand, 12.9% of the population has no certificate or degree, which is Below Average compared to the BC average. The median household income is $69,427, which is Average compared to the BC average. The median personal income is $29,472, which is Below Average. Notably, 79.9% of households in this area have a mortgage, indicating a High level of homeownership.

Unemployment and Growth

Unemployment rates in the area are 6.8%, which is Below Average compared to other BC neighborhoods. Population growth in this community between 2011 and 2016 was 22.4%, which is considered High compared to the average growth rate of this region.

Lifestyle Amenities

When it comes to lifestyle amenities, this neighborhood has it all. With a population density of 5,383.6 people per square kilometer, it's considered High. The average family size is 2.9, which is Average compared to the region. Notably, 67.8% of families in this area have children, making it Above Average. The average age of the population is 36.8, which is Low compared to other BC cities.

Real Estate Context

The average value of dwellings in this neighborhood is $581,353, which is High compared to other areas in BC. Average owner payments are High, with owners spending $1,588 per month on their properties. Tenants, on the other hand, are paying $1,232 per month, which is Above Average compared to other cities.

Language and Transportation

The language spoken at home is predominantly English, with 88.3% of residents speaking only English. French speakers make up 0.1% of the population, while 7.8% of residents speak neither English nor French. When it comes to transportation, 38.2% of residents use public transport, 58% use cars, 0.2% use bicycles, and 2.7% walk.

Experience 510 7579 16th Street, Burnaby, BC, MLS^® R3064436

This stunning property offers the best of both worlds – excellent schools, a safe community, and easy access to transportation options. With its diverse population, High level of homeownership, and Above Average family size, this neighborhood is an attractive option for families and individuals alike. Whether you're a first-time buyer, a growing family, or an investor, 510 7579 16th Street, Burnaby, BC, MLS^® R3064436, is a must-see property that offers a unique blend of lifestyle amenities and investment potential.