1103 8850 University Cres, Burnaby, BC, MLS^® R3082761

Welcome to 1103 8850 University Crescent, a beautiful property located in the heart of Burnaby, BC, with the listing MLS^® R3082761. As we walk through this stunning neighborhood, you'll notice the tranquil atmosphere and excellent community amenities.

Let's start with the schools. Your children will be well taken care of at University Highlands Elementary School, which is just a short 0.26 km away from this home. This school has an impressive rating of 7.1/10, making it a top choice for families in the area. Just down the road, your kids will also have access to Burnaby Mountain Secondary School, which is 2.84 km away and boasts a No Rating, giving them ample opportunities for growth and development.

In addition to these fantastic schools, the neighborhood surrounding 1103 8850 University Crescent is also home to Mediated Learning Academy, an exceptional independent school with a No Rating, located 1.95 km from this property. This school caters to students who require a more personalized approach to education, providing them with the tools they need to succeed.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 1103 8850 University Crescent, Burnaby, BC, has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This means you can enjoy peace of mind knowing that your family is living in a secure environment. Furthermore, the year-over-year change in the total crime rate is -11.13%, indicating a decrease in crime over the years.

As we explore the community, you'll notice that the listing MLS^® R3082761 is located near the SFU Transit Exchange @ Bay 4, which is just 0.32 km away. This convenient bus station provides easy access to public transportation, making it simple to get around the city.

When it comes to demographics, this neighborhood is a melting pot of cultures. Approximately 36.8% of the population in this area holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 7.4% of the population in this area have no certificate or degree, which is considered Low compared to the average in BC.

The median household income in the area surrounding 1103 8850 University Crescent, Burnaby, BC, is $71,834, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $29,798, which is Below Average compared to the BC average. Interestingly, 63% of households in this census subdivision have a mortgage, which is Above Average.

In terms of employment, the unemployment rate in the area surrounding the listing MLS^® R3082761 is 8.3%, which is Average compared to other province neighborhoods.

As we stroll through the neighborhood, you'll notice a mix of young and old families. The average family size in this area is 2.9, which is Average. Furthermore, 67.6% of families in the area have children, making it an excellent choice for families.

The average age of the population in the area surrounding 1103 8850 University Crescent, Burnaby, BC, is 35.8, which is considered Low compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $793,873, which is High compared to other areas in British Columbia. This means that homeowners in the area are enjoying a significant increase in property value.

As for mortgage payments, the average owner payments are Above Average, with owners spending $1,562 on average for their dwelling. On the other hand, tenants are paying $1,393, which is High compared to other cities.

Interestingly, 45.1% of the population in the area surrounding 1103 8850 University Crescent are renters, which is Above Average compared to other BC cities.

When it comes to language, the neighborhood surrounding the listing MLS^® R3082761 has a diverse linguistic profile. Approximately 8.3% of the population speaks both English and French, which is Average. Meanwhile, 88.6% of the population speaks only English, which is Below Average. On the other hand, 0.1% of the population speaks only French, which is Low.

Finally, when it comes to transportation, 23.2% of the population in the area surrounding 1103 8850 University Crescent use public transport, which is Above Average. Meanwhile, 65% of the population use cars, which is Low. Interestingly, 9.5% of the population walk, which is Above Average.

In conclusion, 1103 8850 University Crescent, Burnaby, BC, with the listing MLS^® R3082761, is an excellent choice for families and individuals who