2402 4398 Buchanan St, Burnaby, BC, MLS^® R3078175

Welcome to 2402 4398 Buchanan Street, Burnaby, BC, an amazing gem in the heart of the city.

As we walk through this beautiful neighborhood, you'll find that it's serviced by top-notch schools, including Kitchener Elementary School, which boasts an impressive 6.9/10 rating, just a short 0.8 km from our property with MLS^® R3078175. This highly-rated school is a favorite among families, and you'll love its proximity to your new home.

The property is also close to Alpha Secondary School, with a rating of No Rating, located 1.16 km from the property. Additionally, for families who prefer independent schools, Holy Cross Elementary School, with a stellar 10/10 rating, is just 1.21 km away from 2402 4398 Buchanan Street.

Safety First

Let's talk about crime rates. According to the latest statistics from Statistics Canada (2020), this neighborhood has a below-average crime rate of 6,145.56, with a rate of 15,851 incidents per 100,000 population. This is significantly lower than the national average, providing you with peace of mind and a safe environment for your family.

In terms of specific crime types, we see that the neighborhood has a below-average drug crime rate, with 126.78 incidents per 100,000 population, and a property crime rate that's average compared to other neighborhoods.

A Thriving Community

The area around 2402 4398 Buchanan Street, Burnaby, BC, is a vibrant and diverse community, with 36.7% of residents holding a university certificate or degree, making it a hub for education and learning. On the other hand, only 9.5% of the population has no certificate or degree, which is significantly lower than the average in BC.

In terms of income, the median household income is $69,646, which is average compared to other British Columbia neighborhoods. The median personal income is $36,313, also average. Additionally, 60% of households in the area have a mortgage, which is average.

Convenience and Amenities

We're just a short distance from the Eastbound Lougheed Hwy @ Madison Ave bus station, making it easy to get around the city. The neighborhood is also close to shopping malls, grocery stores, and restaurants, catering to all your needs.

Real Estate Insights

The average value of dwellings in the area is $709,307, which is significantly higher than other areas in British Columbia. Average owner payments are above average, with homeowners spending $1,445 on average for their dwellings. Tenants, on the other hand, pay $1,475 on average, which is also higher compared to other cities.

Demographics and Lifestyle

The area around 2402 4398 Buchanan Street, Burnaby, BC, has a population density of 4,093.6 people per square kilometer, making it a bustling community. The average family size is 2.6, which is lower than the average in the region. However, 49.7% of families in the area have children, which is below average.

In terms of transportation, 26.5% of the population uses public transport, which is high. On the other hand, 65.4% of residents use cars, which is lower than average. 1.1% of people use bicycles, and 5.9% of the population walks, making it a relatively walkable neighborhood.

A Great Place to Live

Overall, 2402 4398 Buchanan Street, Burnaby, BC, is a wonderful place to call home, with its excellent schools, below-average crime rate, and thriving community. Whether you're a family, young professional, or retiree, this neighborhood has something for everyone.

So, what are you waiting for? Come and experience the best of Burnaby living at 2402 4398 Buchanan Street, Burnaby, BC, MLS^® R3078175.