4277 Castlewood Cres, Burnaby, BC, MLS^® R3078740

Welcome to 4277 Castlewood Crescent in Burnaby, BC, where you'll find a charming home with the listing MLS^® R3078740. Let's start by exploring the local schools. École Inman Elementary is just a short 0.53 km from the property, with a rating of 6.3/10. Families love this area because of the school's vibrant community and excellent education standards. Your kids will thrive in this nurturing environment, and you'll appreciate the proximity to this outstanding school.

Just down the road, you'll find Moscrop Secondary School, rated No Rating, located 0.51 km from the property. This school is a great option for older students, and its proximity to the property makes it an ideal choice for families.

If you're looking for an independent school, St. Mary's School is the closest option, with a rating of 9.4/10 and a distance of 1.8 km from the property. This highly-rated school offers a unique learning experience that many families appreciate.

Now, let's talk about the local crime statistics. According to the 2020 data from Statistics Canada, this neighborhood has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The rate of incidents per 100,000 population is a great indicator of the area's safety, and in this case, it's reassuring to see that the crime rate is low.

Breaking down the crime statistics further, the drug crime rate is also Below Average, with a rating of 126.78. This is good news for families who value a safe and secure living environment. On the other hand, the property crime rate is Average, with a rating of 3,691.76. This is a typical urban rate, and it's essential to remember that crime rates can fluctuate over time.

In terms of demographics, this neighborhood is home to a diverse population with a median household income of $78,720. This is Above Average compared to other BC neighborhoods, indicating a strong and stable community. The median personal income is $27,166, which is Below Average, but the high median household income suggests that many residents are well-established and financially secure.

The unemployment rate in this area is 7.2%, which is Average compared to other province neighborhoods. This is a good sign for the local economy, and it suggests that the area is relatively stable and thriving.

One of the things that sets this neighborhood apart is its population growth. Between 2011 and 2016, the population change was 1.3%, which is Average compared to the region's average growth rate. This suggests that the area is stable and not experiencing rapid growth, which can be beneficial for families who value a consistent community.

Now, let's talk about the local amenities. The average size of families in this area is 3, which is Above Average compared to the whole region. The percent of families with children is 71.3%, which is High, and the percent of married or living common law is 57.9%, which is Average.

The average age of the population in this area is 40.6, which is Average compared to other BC cities. This suggests that the area is a great choice for families of all ages, from young professionals to established families.

In terms of real estate, the average value of dwellings in this neighborhood is $1,439,747, which is High compared to other areas in British Columbia. This indicates that the area is highly sought after and that properties here tend to appreciate in value over time.

As for owner payments, the average owner payment is High in the area, with $1,573 spent on average for the dwelling. Tenants are paying $1,138 in this district, which is Above Average compared to other cities.

Finally, 29.8% of the population in this district are renters, which is Above Average compared to other BC cities and areas. This suggests that the area is a great choice for both buyers and renters.

I hope this helps you get a better sense of the local community and what it has to offer. If you have any questions or would like to schedule a viewing, please don't hesitate to reach out. The MLS number for this property is MLS^® R3078740, and it's located at 4277 Castlewood Crescent, Burnaby, BC.