901 7108 Edmonds St, Burnaby, BC, MLS^® R3064518

Welcome to 901 7108 Edmonds Street, a stunning property located in the heart of Burnaby, BC.

Education

When it comes to education, families love this area because of the proximity to excellent schools. The property is serviced by the highly-rated Taylor Park Elementary School, with a rating of 7.9/10 and located just 0.92 km away. Additionally, students will also benefit from the nearby Byrne Creek Community School, with no rating available, located 0.93 km from the property. For those seeking an independent school education, St. Francis de Sales Elementary is just 0.9 km away, boasting a rating of 9/10.

Safety

According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 901 7108 Edmonds Street, Burnaby, BC has a Below Average crime rate of 6,145.56 incidents per 100,000 population. This is a testament to the community's commitment to safety and security. Specifically, the property is located in an area with a Below Average rate of drug-related offenses, with a rating of 126.78 and 327 incidents in 2020. Furthermore, property crimes in the area are Average, with a rating of 3,691.76 and 9,522 incidents in 2020.

Transit

Getting around is easy with the property's proximity to public transportation. The closest bus station, Eastbound Edmonds St @ 18 St, is just 0.02 km away from the property, making it convenient for commuters.

Demographics

Let's take a look at the demographics of the area surrounding 901 7108 Edmonds Street, Burnaby, BC. With 33.6% of the population holding a university certificate or degree, this is a High percentage compared to other BC neighbourhoods. Additionally, 12.9% of the population has no certificate or degree, which is Below Average compared to the average in BC.

Median Household Income

The median household income in the area is $69,427, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $29,472, which is Below Average compared to the BC average. Notably, 79.9% of households in the area have a mortgage, which is High.

Unemployment Rate

The unemployment rate in the area is 6.8%, which is Below Average compared to other province neighbourhoods.

Population Growth

The population change between 2011 and 2016 was 22.4%, which is High compared to average growth rates in the region.

Lifestyle Amenities

This property is surrounded by excellent lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. Residents will enjoy a high quality of life, with plenty of opportunities to engage in outdoor activities and explore the local community.

Real Estate Context

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

Home Ownership and Rental

With 32.7% of the population renting, this is an Above Average percentage compared to other BC cities and areas.

Language and Transportation

The area surrounding 901 7108 Edmonds Street, Burnaby, BC has a Low percentage of English and French speakers (3.8%), but a High percentage of English speakers only (88.3%), which is Below Average. Meanwhile, 7.8% of the population speaks neither English nor French, which is High.

Transportation Habits

A significant 38.2% of the population in the area uses public transportation, which is High. On the other hand, 58% of the population uses cars, which is Low. Only 0.2% of the population uses bicycles, which is Low, and 2.7% of the population walks, which is Below Average.

Conclusion

In conclusion, 901 7108 Edmonds Street, Burnaby, BC, listed under MLS^® R3064518, is an exceptional property that offers a unique blend of education, safety, and lifestyle amenities. With its proximity to excellent schools, public transportation, and a high quality of life, this property is an attractive option for families and individuals alike. As a seasoned realtor, I invite you to schedule a viewing and experience the best of Burnaby, BC.