402 7303 Noble Lane, Burnaby, BC, MLS^® R3058897

Welcome to 402 7303 Noble Lane in the heart of Burnaby, BC! As a seasoned realtor with over a decade of experience in the British Columbia real estate market, I'm excited to share with you the unique features of this charming property.

Firstly, let's talk about the schools. The property is serviced by Edmonds Community School, which is just a 0.57 km away. Edmonds Community School has a rating of No Rating, but what's more important is the convenience and accessibility it offers to families in the area. Families love this area because of its excellent educational institutions, and Edmonds Community School is a perfect example of that.

But that's not all - this home is also serviced by Byrne Creek Community School, located a mere 1.3 km away. Byrne Creek Community School also has a rating of No Rating, but its proximity to the property makes it an attractive option for families with children.

If you're looking for an alternative to traditional public schools, you'll be pleased to know that Our Lady of Mercy School, an elementary independent school, is just 1.07 km away from this property. With a stellar rating of 10/10, Our Lady of Mercy School is an excellent choice for families who value a Catholic education.

As for secondary education, St. Thomas More Collegiate is just 0.91 km away, offering a rating of No Rating. This school is a great option for students who want to stay local and still receive a top-notch education.

Now, let's talk about the crime statistics in the area. According to the latest data from Statistics Canada (2020), the neighbourhood surrounding 402 7303 Noble Lane, Burnaby, BC has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This means you can enjoy peace of mind knowing that the area is relatively safe.

Breaking down the crime statistics further, we see that the drug crime rate in the area is also Below Average, with a rating of 126.78. This is a testament to the community's strong law enforcement and commitment to public safety.

In terms of property crimes, the neighbourhood is Average, with a rating of 3,691.76. However, it's worth noting that the property misconduct rate has decreased by 17.54% over the years, indicating a continued effort to reduce crime in the area.

Violent crime, on the other hand, is Low in the area, with a rate of 893.28. This is a significant improvement from previous years, and it's a testament to the community's dedication to keeping its residents safe.

Now, let's talk about the demographics of the area. With 25.8% of the population holding a university certificate or degree, this neighbourhood is Above Average in terms of educational attainment. On the other hand, 16.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of household income, the median household income in the area is $61,120, which is Below Average compared to the British Columbia average. However, the median personal income is $23,936, which is Low compared to the BC average.

Interestingly, 69.7% of households in the area have a mortgage, which is High compared to other neighbourhoods. This suggests that homeowners in the area are committed to owning their homes and building equity over time.

Unemployment in the area is also Below Average, with a rate of 6.9%. This is a positive indicator for the local economy and suggests that residents have access to a stable and diverse range of job opportunities.

In terms of population growth, the area has experienced a Below Average growth rate of -0.4% between 2011 and 2016. This is a relatively stable trend, indicating that the community is well-established and not experiencing rapid changes.

The population density in the area is High, with 6,158.9 people per square kilometre. This is a busy and vibrant community that offers a range of amenities and services.

Families in the area are also well-represented, with an average family size of 3.1, which is Above Average compared to the whole region. Additionally, 73.6% of families in the area have children, which is High compared to other neighbourhoods.

The average age of the population in the area is 37.4, which is Low compared to other BC cities. This suggests that the area is attractive to young families and professionals who are looking for a affordable and convenient place to live.

In terms of real estate, the average value of dwellings in the area is $881,914, which is High compared to other areas in British Columbia. This suggests that the area is popular with homebuyers who are looking for a high-end property with good resale value.

Finally, let's