514 7588 16th St, Burnaby, BC, MLS^® R3072979

Welcome to 514 7588 16th Street, a beautiful home for sale in the heart of Burnaby, BC, listed with MLS^® R3072979. As we step into this fantastic community, let's start with the schools that make it a great place to raise a family.

Just down the road, you'll find Stride Avenue Community School, a fantastic school rated [No Rating] by local families. This school is a mere 0.49 km from our property, making it an ideal choice for families who prioritize education. In fact, the proximity of Stride Avenue Community School to our home at 514 7588 16th Street, Burnaby, BC, is one of its many attractive features.

Another excellent school in the area is Byrne Creek Community School, which is just 0.67 km from our property. While it also has a rating of [No Rating], it's a great option for families who value quality education. With two great schools in the vicinity, families will love this area because it offers the perfect blend of academic excellence and community spirit.

But education isn't the only factor to consider when choosing a neighborhood. As we all know, safety is a top priority, and the crime data for this area is a reassuring sign. According to the latest statistics from Statistics Canada (2020), there were 15,851 incidents in the neighborhood surrounding our home at 514 7588 16th Street, Burnaby, BC. The overall crime rate in this area is 6,145.56, which is below average compared to other Canadian cities. This means that residents of this community can enjoy a sense of peace and security, knowing that their neighborhood is relatively safe.

Let's take a look at the demographics of the area. With a high percentage of residents holding a university certificate or degree (33.6%), this neighborhood is a hub of intellectual and cultural activity. In fact, this is one of the highest percentages in BC, making it an attractive choice for professionals and families who value education. On the other hand, the percentage of population with no certificate or degree (12.9%) is below average, indicating a well-educated and skilled community.

When it comes to income, the median household income in this area is $69,427, which is average compared to other neighborhoods in British Columbia. However, the median personal income is $29,472, which is below average. This suggests that while the community is financially stable, there may be opportunities for growth and development.

As we explore the area, we'll also notice the high percentage of households with a mortgage (79.9%), indicating a strong sense of homeownership and community pride. The unemployment rate in this area is 6.8%, which is below average, suggesting a stable and thriving economy.

Now, let's talk about lifestyle amenities. Our home at 514 7588 16th Street, Burnaby, BC, is surrounded by a variety of parks, beaches, trails, and other recreational areas that make it an ideal place to live. From the nearby Edmonds Beach to the many parks and trails in the area, residents of this community have plenty of opportunities to stay active and enjoy the great outdoors.

In terms of transportation, our home is conveniently located near several bus stops, including the Westbound 14 Ave @ 15 St bus stop, which is just 0.14 km away. This makes it easy to get around the city without a car, and the area's high percentage of public transportation users (38.2%) suggests a strong commitment to sustainability and community connectivity.

As we wrap up our tour of the neighborhood, let's take a look at the real estate context. The average value of dwellings in this area is $581,353, which is high compared to other neighborhoods in British Columbia. This suggests that the area is attractive to homebuyers who are willing to invest in a high-quality property.

Finally, let's talk about the local economy. With a high percentage of residents working in high-paying jobs (58% use cars) and a low percentage of residents using bicycles or walking (0.2% and 2.7%, respectively), this area is a hub of economic activity. However, the area's low percentage of residents speaking French (0.1%) and the high percentage of residents speaking neither English nor French (7.8%) suggest a diverse and multilingual community.

In conclusion, 514 7588 16th Street, Burnaby, BC, is a fantastic home for sale in a wonderful community. With its proximity to great schools, low crime rate, and high percentage of educated residents, this area is a great choice for families and professionals who value quality education and community spirit. Whether you're looking for a safe and stable neighborhood or a hub of intellectual and cultural activity, this home has it all.

Located in the heart of Burnaby, BC,