2301 4168 Lougheed Hwy, Burnaby, BC, MLS^® R3068147

Welcome to 2301 4168 Lougheed Highway in the heart of Burnaby, BC

As we walk through the vibrant community surrounding this beautiful property, I'd like to share with you the many reasons why this address has become a sought-after destination for families and individuals alike.

Schools: A Strong Foundation for Education

The property is serviced by Kitchener Elementary School, a highly-rated institution with a 6.9/10 rating. This school is just 0.74 km away, making it an ideal choice for families with children. Additionally, Alpha Secondary School is also within a short drive, with a rating of No Rating, and Holy Cross Elementary School, a top-rated independent school with a 10/10 rating, is just 1.65 km away. Whytecliff Agile Learning Centre (Burnaby) is another close option, with a rating of No Rating and located 1.56 km from the property.

A Safe and Secure Community

According to Statistics Canada's 2020 report, this neighbourhood has a crime rate of 6,145.56, which is Below Average compared to other Canadian cities. The overall crime rate has seen a decline of -11.13% year-over-year, making this a safe and secure community for residents. Specifically, the drug crime rate is Below Average, with a rating of 126.78, and property crimes are Average, with a rating of 3,691.76. Violent crimes are Low, with a rate of 893.28, making this an excellent choice for families and individuals seeking a peaceful living environment.

Convenient Transit Options

The closest Bus station, Westbound Lougheed Hwy @ Gilmore Ave, is just 0.14 km away from this listing with MLS^® R3068147. This makes it easy for residents to commute to work, school, or other destinations in the area.

Demographics: A Thriving Community

This neighbourhood has a high proportion of residents with a university certificate or degree, at 36.7%, which is High compared to other BC neighbourhoods. On the other hand, 9.5% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $69,646, which is Average in comparison to the British Columbia average. The median personal income is $36,313, also Average in comparison to the BC average. Notably, 60% of households in this census subdivision have a mortgage, which is Average.

Unemployment Rate and Growth

The unemployment rate in this area is 6.3%, which is Below Average compared to other province neighbourhoods. The population change between 2011 and 2016 was 20.5%, which is High compared to average growth rate of this region.

Real Estate Context

The average value of dwellings in this neighbourhood is $709,307, which is High compared to other areas in British Columbia. Average owner payments are Above Average, with owners spending $1,445 on average for the dwelling. Tenants are paying $1,475 in this district, which is High compared to other cities.

Renters and Transportation

27.1% of the population in this district are renters, which is Average compared to other BC cities and areas. The majority of residents use Public Transport (26.5%), while 65.4% use Cars, which is Low. 1.1% of people use Bicycles, which is Average, and 5.9% of the population are walking, which is Above Average.

English and French Speakers

The proportion of English and French speakers in this area is 4.8%, which is Below Average. The majority of residents speak only English, at 89.9%, which is Average. Notably, 5.3% of the population speaks neither English nor French, which is High compared to other BC cities.

2301 4168 Lougheed Highway, Burnaby, BC MLS^® R3068147

In conclusion, this beautiful property at 2301 4168 Lougheed Highway is situated in a thriving community with excellent schools, a safe and secure environment, convenient transit options, and a diverse population. Whether you're a family or an individual, this address offers a unique blend of lifestyle amenities and real estate context that makes it an attractive choice for those seeking a peaceful and vibrant living environment.

As your trusted realtor, I invite you to explore this property and experience the many benefits it has to offer. Contact me today to schedule a viewing and make this amazing opportunity yours!