B 5280 Venables St, Burnaby, BC, MLS^® R3055246

Welcome to 5280 Venables Street, a stunning property located in the heart of Burnaby, BC.

As we step into this beautiful community, you'll notice a strong sense of pride and ownership among the residents. Let's start with the local schools that serve this area.

The property at 5280 Venables Street is serviced by Aubrey Elementary School, which has a rating of 6.3/10. Located just 0.75 km away, this school is a great option for families. A short drive away, you'll also find Burnaby North Secondary School, which has a rating of No Rating, located 1.1 km from this property.

But that's not all – we also have some excellent independent schools in the area. The closest elementary independent school to this home for sale is Holy Cross Elementary School, with an impressive rating of 10/10, located just 0.66 km from this property. For secondary students, Whytecliff Agile Learning Centre (Burnaby) is the closest independent school, with a rating of No Rating, located 3.59 km from this home.

Now, let's talk about safety. The freshest crime data from Statistics Canada are from 2020, and according to the reports, this neighbourhood had 15,851 volation disturbances, resulting in an overall crime rate of 6,145.56 per 100,000 population. This is a Below Average rate compared to other Canadian cities. In fact, the year-by-year change in the total crime rate is a remarkable -11.13%.

Breaking down the crime stats further, we see that the drug crime rate is Below Average, with a rating of 126.78, and there were 327 illegal substances lawbreaking disturbances in 2020. The year-by-year change in the illegal substances offences ranking is a 2.35% increase.

On the other hand, property crimes in the neighbourhood are Average, with a property misconduct rating of 3,691.76, and there were 9,522 incidents in 2020. The year-by-year change in the property misconduct rate is a notable -17.54%.

As for violent lawbreaking disorders, there were 2,304 incidents in 2020, resulting in a Low rate of 893.28 per 100,000 population, compared to other BC municipalities. The year-by-year change in the violent crime rate is a -5.51% decrease.

Now, let's talk about transportation. The closest Bus station is Westbound Parker St @ Springer Ave, located just 0.08 km away from this listing with MLS^® R3055246.

A great place to live, work, and play

This neighbourhood is home to a diverse community with a strong sense of belonging. According to the data, 29.2% of people with a university certificate/degree live in this area, which is Above Average compared to other BC neighbourhoods. On the other hand, 13.6% of the population has no certificate or degree, which is Below Average compared to the BC average.

The median household income in this area is $79,342, which is Above Average compared to the British Columbia average. However, the median personal income is $29,447, which is Below Average compared to the BC average. Moreover, 43% of households in this area have a mortgage, which is Low compared to other neighbourhoods.

Unemployment rates in this area are also noteworthy, with a rate of 5.8%, which is Below Average compared to other province neighbourhoods.

Growing and vibrant community

This property is located in the Parkcrest area of Burnaby, where the population change between 2011 and 2016 was -0.5%, which is Below Average compared to the average growth rate of this region. However, the population density per square kilometre in this area is 3,055.4, which is Above Average.

Average family sizes in this area are 3, which is Above Average compared to the whole region. Additionally, 70.1% of families in this area have children, which is High. However, 56.6% of the population is married or living common law, which is Average.

The average age of the population in this area is 41.5, which is Average compared to other BC cities.

Great investment opportunity

The average value of dwellings in this neighbourhood is $1,527,997, which is High compared to other areas in British Columbia. Average owner payments are also Above Average in this area, with owners spending an average of $1,506 per month. Tenants, on the other hand, are paying an average of $1,344 per month, which is High compared to other cities.

33.1% of the population in this area are renters, which is Above Average compared to other BC cities and areas