7823 Elwell St, Burnaby, BC, MLS^® R3041349

Welcome to 7823 Elwell Street, Burnaby, BC - MLS^® R3041349

As we step into this beautiful community, you'll notice the warm and inviting atmosphere that makes 7823 Elwell Street a true gem. Located in the heart of Burnaby, this stunning property is not only a dream home but also a great investment opportunity.

Schools

As a parent, you'll want to know about the top-notch schools in the area. 7823 Elwell Street is serviced by Lakeview Elementary School, a highly-rated institution with a 6.2/10 rating, located just 0.34 km away. Your little ones will thrive in this exceptional learning environment. Plus, Burnaby Central Secondary School, a renowned institution with a No Rating, is just 2.97 km away. We're proud to say that families love this area because of its excellent educational opportunities.

For those seeking independent schools, Our Lady of Mercy School is the closest elementary option, boasting a 10/10 rating and located 1.54 km from this stunning property. And for secondary education, St. Thomas More Collegiate, with a No Rating, is just 1.46 km away.

Safety

When it comes to safety, we're happy to report that 7823 Elwell Street, Burnaby, BC has a crime rate that's below average compared to other Canadian cities. In 2020, there were 15,851 disturbances in the area, which is a testament to the community's strong sense of security. The overall crime rate near this address is 6,145.56, which is significantly lower than the national average. You can rest assured that this neighborhood is a safe haven for you and your family.

Demographics

Let's take a look at the demographics of this fantastic community. With 27.9% of residents holding a university certificate or degree, this neighborhood is Above Average compared to other BC municipalities. On the other hand, 14.4% of the population has no certificate or degree, which is Below Average compared to the BC average. This diverse community is a melting pot of cultures, making it an exciting place to live.

Transit

Convenience is key, and 7823 Elwell Street, Burnaby, BC has got it covered. The closest bus station is Northbound Canada Way @ Elwell St, just 0.23 km away. You can easily hop on a bus and explore the city or commute to work. Plus, with a Low unemployment rate of 5.2%, you'll have no trouble finding a job in this thriving economy.

Lifestyle Amenities

Imagine waking up every morning surrounded by lush greenery and scenic views. This property is located in the beautiful Burnaby Lake area, where population growth has been steady, with a -1.6% change between 2011 and 2016. It's an ideal spot for outdoor enthusiasts, with numerous parks, beaches, and trails nearby. Plus, the average household income near this address is $86,827, which is Above Average compared to the BC average.

Real Estate Context

Let's talk about the property itself. With an average dwelling value of $1,453,497, this neighborhood is considered High compared to other areas in British Columbia. The average owner payments are also Above Average, with $1,406 spent on average for dwellings, and tenants pay $1,257, which is Above Average compared to other cities. With 32.4% of the population renting, this neighborhood is a great opportunity for investors.

Language and Transportation

As for language, 5% of the population speaks neither English nor French, which is High compared to other BC cities. On the other hand, 89% of the population speaks only English, which is Average. When it comes to transportation, 21.5% of the population uses public transport, which is Above Average, while 73.1% uses cars, which is Below Average. 2.2% of the population uses bicycles, which is Above Average, and 1.8% walks, which is Low.

Conclusion

In conclusion, 7823 Elwell Street, Burnaby, BC - MLS^® R3041349 is a stunning property that offers the perfect blend of safety, convenience, and lifestyle amenities. With its excellent schools, below-average crime rate, and diverse community, this property is a great investment opportunity for anyone looking to call this beautiful neighborhood home. Don't miss out on this chance to live in one of the most sought-after communities in Burnaby. Contact us today to schedule a viewing!