1103 8850 University Cres, Burnaby, BC, MLS^® R3038565

Welcome to this beautiful home located at 1103 8850 University Crescent, Burnaby, BC. I'm your trusted realtor, and I'm excited to share with you the wonderful community that surrounds this stunning property, listed with MLS^® R3038565.

As we step out of the house, you'll notice that we're just a short walk away from University Highlands Elementary School, rated 7.1/10. This highly-rated school is perfect for families, and its proximity to our home makes it an ideal choice for those with young children. With a distance of 0.25 km, you can easily walk or bike your kids to school, making mornings a breeze.

Just down the road, we have Burnaby Mountain Secondary School, rated no rating available. This top-notch school is another excellent option for families, and its 2.83 km distance from our home makes it easily accessible by car or public transportation.

For those interested in independent schools, we have the Mediated Learning Academy, an excellent choice for families. Located just 1.94 km from our home, this school offers a unique and personalized approach to education. With no rating available, you can trust that this school is committed to providing the best possible education for your child.

Now, let's talk about the safety of our community. According to the latest crime data from Statistics Canada (2020), our neighborhood has a below-average crime rate of 6,145.56 incidents per 100,000 population. This is significantly lower than the national average, giving you peace of mind and a sense of security in our community.

In terms of specific crime rates, our neighborhood is considered below-average for drug-related crimes, with a rating of 126.78. This is a testament to the strong community spirit and the efforts of local law enforcement to keep our streets safe.

As we explore the neighborhood, you'll notice that we're surrounded by excellent public transportation options. The SFU Transit Exchange @ Bay 4 is just 0.32 km away, making it easy to hop on the bus or SkyTrain and get to work, school, or anywhere else in the city.

Now, let's talk about the demographics of our community. With 36.8% of the population holding a university certificate or degree, this neighborhood is highly educated and values lifelong learning. On the other hand, 7.4% of the population has no certificate or degree, which is lower than the average in BC.

In terms of income, the median household income in our neighborhood is $71,834, which is average compared to other BC neighborhoods. However, the median personal income is $29,798, which is below average. This suggests that our community is made up of a mix of professionals, families, and individuals from diverse backgrounds.

As we look at the real estate context, the average dwelling value in our neighborhood is $793,873, which is high compared to other areas in British Columbia. This is a testament to the desirability and appeal of our community, with its excellent schools, safe streets, and convenient public transportation.

In terms of housing costs, the average owner payments are above average in our neighborhood, with $1,562 spent on average per month. Tenants, on the other hand, pay an average of $1,393 per month, which is also high compared to other cities.

As we explore the community, you'll notice that 45.1% of the population are renters, which is above average compared to other BC cities and areas. This suggests that our neighborhood is a popular choice for students, young professionals, and families who value convenience and affordability.

In terms of language, 8.3% of the population speaks both English and French, which is average. However, 88.6% of the population speaks only English, which is below average. This suggests that our community is predominantly English-speaking, with a strong cultural identity.

Finally, let's talk about transportation. With 23.2% of the population using public transportation, this is above average. However, 65% of the population use cars, which is low. This suggests that our community is highly walkable and bikeable, with many residents choosing to use alternative modes of transportation.

In conclusion, our community at 1103 8850 University Crescent, Burnaby, BC, is a wonderful place to call home. With its excellent schools, safe streets, convenient public transportation, and diverse community, this neighborhood is a great choice for families, professionals, and individuals from all walks of life.

As your trusted realtor, I'm excited to help you navigate the real estate market and find your dream home in this beautiful community. Contact me today to schedule a viewing and make your dreams a reality.

MLS^® R3038565