1505 9393 Tower Rd, Burnaby, BC, MLS^® R3056836

Welcome to the charming neighborhood surrounding 1505 9393 Tower Road, Burnaby, BC, where you'll find a perfect blend of natural beauty, excellent schools, and convenient amenities. As we take a stroll through this lovely area, let's start with the schools that make this community an ideal place to raise a family.

Just down the road, you'll find University Highlands Elementary School, a highly-rated institution with a 7.1/10 rating, located a mere 0.1 km from the property with MLS^® R3056836. This school is a great choice for families, offering a supportive environment and excellent academic programs. Burnaby Mountain Secondary School is also nearby, located 2.59 km from the property, and has a No Rating, but is a great option for students looking for a comprehensive education.

In addition to these public schools, the closest elementary independent school is Mediated Learning Academy, which is located 1.78 km from 1505 9393 Tower Road. This school offers a unique learning environment that caters to the needs of students with special requirements. The closest secondary independent school is also Mediated Learning Academy, located 1.78 km from the property, which provides students with a personalized education.

Now, let's talk about the safety of the neighborhood. According to Statistics Canada's 2020 report, the area surrounding 1505 9393 Tower Road, Burnaby, BC has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The year-over-year change in the total crime rate is -11.13%, indicating a decrease in crime rates in the area. When it comes to property crimes, the rating is Average, with 126.78 incidents per 100,000 population, and a year-over-year change of 2.35%. Violent crime rates are Low, with 893.28 incidents per 100,000 population, and a year-over-year change of -5.51%.

As we continue our tour, you'll notice that the neighborhood is well-connected to public transportation. The closest bus station is Southbound Tower Rd @ University High Street, which is just 0.11 km away from the property with MLS^® R3056836.

Now, let's take a closer look at the demographics of the area. According to the data, 36.8% of people in the neighborhood have a university certificate or degree, which is High in comparison to other BC neighborhoods. On the other hand, 7.4% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in the area is $71,834, which is Average compared to the British Columbia average. The median personal income is $29,798, which is Below Average compared to the BC average. However, 63% of households in the area have a mortgage, which is Above Average.

In terms of employment, the unemployment rate in the area is 8.3%, which is Average compared to other province neighborhoods.

As we look at the population growth, we see that the area has experienced an Above Average growth rate of 4.4% between 2011 and 2016. The population density per square kilometer is 637.5, which is Average.

The average size of families in the area is 2.9, which is Average. However, 67.6% of families in the area have children, which is Above Average. The percentage of married or living common law is 54.1%, which is Below Average.

The average age of the population is 35.8, which is Low compared to other BC cities. The average value of dwellings in the area is $793,873, which is High compared to other areas in British Columbia.

In terms of housing, the average owner payments are Above Average, with owners spending $1,562 on average for their dwellings. Tenants are paying $1,393 on average, which is High compared to other cities.

Finally, 45.1% of the population in the area are renters, which is Above Average compared to other BC cities and areas.

As we conclude our tour of the neighborhood surrounding 1505 9393 Tower Road, Burnaby, BC, we see that it offers a unique blend of excellent schools, convenient amenities, and a strong sense of community. With its Above Average growth rate, Average population density, and High average value of dwellings, this neighborhood is an attractive option for families and individuals looking for a great place to live.

MLS^® R3056836 is a great opportunity to own a piece of this beautiful neighborhood. Contact me, your trusted realtor, to schedule a viewing and make this property yours today.