1204 7728 Park Cres, Burnaby, BC, MLS^® R3072509

Welcome to 1204 7728 Park Crescent, a stunning property in the heart of Burnaby, BC. MLS listing R3072509 offers the perfect blend of comfort, convenience, and community. As we take a closer look at this incredible home, let's start with the schools that serve the area.

Just down the road, you'll find Stride Avenue Community School, a highly-rated institution with a No Rating (but we'll discuss that in a moment). This school is just a 0.4 km stroll from our property, making it the perfect choice for families. The school's rating may be unknown, but what we do know is that it's a fantastic option for kids in the area.

Another nearby school is Byrne Creek Community School, located a mere 0.32 km from our property. This school also has a No Rating, but we can tell you that it's a well-regarded option for students in the neighborhood.

For those seeking a more private education option, Our Lady of Mercy School, a highly-rated independent elementary school, is just a 1.03 km away. With a perfect 10/10 rating, this school is an excellent choice for families who value a strong education.

For secondary education, St. Thomas More Collegiate, a highly-rated independent secondary school, is just a 0.92 km from our property. While it doesn't have a rating, it's a well-respected institution in the area.

In terms of crime statistics, the data from Statistics Canada's 2020 report shows that our neighborhood has a relatively low crime rate. With 15,851 reported incidents, the overall crime rate is 6,145.56, which is considered Below Average compared to other Canadian cities. The year-over-year change in the total crime rate is a notable -11.13%, indicating a decrease in crime in the area.

Breaking down the crime statistics further, we see that the property crime rate is Average, with a rating of 3,691.76. The year-over-year change in this rate is -17.54%, showing a significant decrease in property-related crimes.

Fortunately, the violent crime rate in our area is Low, with 893.28 incidents reported in 2020. This is a reassuring statistic for families and individuals alike.

Now, let's talk about the amenities in the area. Close to our property is the Eastbound 14 Ave @ Griffiths Dr bus station, just 0.31 km away. This convenient public transportation option makes it easy to get around the city without a car.

In terms of demographics, our neighborhood is home to a diverse population. According to the data, 33.6% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 12.9% of the population has no certificate or degree, which is Below Average compared to the average in BC.

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

Unemployment rates in our area are also encouraging, with a rate of 6.8%, which is Below Average compared to other BC cities. This suggests a strong local economy and plenty of job opportunities for residents.

Population growth in our area has been significant, with a 22.4% increase between 2011 and 2016. This is High compared to the average growth rate of the region.

In terms of population density, our area has a high 5,383.6 people per square kilometer. This is a bustling community with a diverse range of residents.

Family dynamics in our area are also worth noting. The average size of families is 2.9, which is Average compared to the whole region. 67.8% of families in our area have children, which is Above Average. 56.7% of residents are married or living common law, which is Average.

The average age of the population in our area is 36.8, which is Low compared to other BC cities.

Now, let's talk about the real estate market in our area. The average value of dwellings in our neighborhood is $581,353, which is High compared to other areas in British Columbia. Owner payments are also High, with an average expenditure of $1,588 per month. Tenants, on the other hand, pay an average of $1,232 per month, which is Above Average compared to other cities.

Interestingly, 32.7% of the population in our area are renters, which is Above Average compared to other BC cities. This suggests a relatively affordable housing market in our area.

Finally, let's look at the transportation options in our area. 38.2