1503 7683 Park Cres, Burnaby, BC, MLS^® R3072461

Welcome to 1503 7683 Park Crescent, a beautiful property nestled in the heart of Burnaby, BC.

Schools:

Just down the road, you'll find Stride Avenue Community School, a highly-rated institution that's within a 0.38 km radius from this property (MLS^® R3072461). This school has a strong reputation for providing a quality education, and families love this area because of its excellent school options. In addition, Byrne Creek Community School is also nearby, located just 0.23 km from this home. Our Lady of Mercy School, an independent elementary school with a 10/10 rating, is also within a short 1.11 km distance. For secondary education, St. Thomas More Collegiate, an independent secondary school with a No Rating, is conveniently located 1.01 km from this property.

Crime:

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a Below Average crime rate compared to other Canadian cities. With a rate of 6,145.56 incidents per 100,000 population, you can feel safe and secure in this community. The year-over-year change in the total crime rate is -11.13%, which indicates a downward trend in crime rates.

Demographics:

The demographics of this neighbourhood are fascinating. With a high percentage of university certificate/degree holders (33.6%), this area is a hub for educated professionals. In contrast, only 12.9% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income is $69,427, which is Average compared to the British Columbia average.

Transit:

Convenience is key, and this property has it in abundance. The closest Bus station, Eastbound 14 Ave @ Griffiths Dr, is just 0.28 km away from this listing (MLS^® R3072461). Whether you're commuting to work or running errands, you'll appreciate the easy access to public transportation.

Lifestyle Amenities:

This community offers a wide range of lifestyle amenities that cater to different interests. With a High percentage of renters (32.7%), you'll find a diverse and vibrant community. The average value of dwellings in this neighbourhood is $581,353, which is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending an average 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.

Real Estate Context:

As we explore the real estate context of this property, we find that it's located in the Edmonds BE area of Burnaby, BC. The population change between 2011 and 2016 was 22.4%, which is High compared to the average growth rate of this region. The population density per square kilometre is 5,383.6, which is High. The average size of families in this area is 2.9, which is Average. The percentage of families with children is 67.8%, which is Above Average.

Unemployment Rate:

The unemployment rate in this area is 6.8%, which is Below Average compared to other province neighbourhoods. This indicates a strong and stable economy, making it an attractive location for job seekers.

Language and Transportation:

The majority of the population in this area speaks English only (88.3%), which is Below Average. However, 38.2% of the population uses Public Transport, which is High. The majority of the population uses Cars (58%), which is Low. 0.2% of people use Bicycles, which is Low. 2.7% of the population walks, which is Below Average.

In conclusion, 1503 7683 Park Crescent, Burnaby, BC (MLS^® R3072461) is a fantastic property that offers a unique blend of amenities, lifestyle options, and community features. Whether you're a family or an individual, this property is sure to impress.