5413 Lougheed Hwy, Burnaby, BC, MLS^® R3067940

Welcome to 5413 Lougheed Hwy, Burnaby, BC, a beautiful property listed under MLS^® R3067940. As we walk through this charming neighborhood, I'm excited to share with you the many highlights that make this community a wonderful place to call home.

First, let's talk about the local schools. This property is serviced by the excellent Parkcrest Elementary School, which has a rating of 7.6/10. The school is just a short 0.7 km away, making it easily accessible for families. I've had the pleasure of working with many families in this area, and they always rave about the school's commitment to providing a high-quality education.

Just down the road, you'll find Burnaby North Secondary School, which is also a great option for families. While it doesn't have a specific rating, it's a well-respected institution in the community. And for our friends with children who prefer a different educational approach, Holy Cross Elementary School is just a stone's throw away, with a rating of 10/10. Deer Lake School is also nearby, offering an alternative education option.

Now, let's take a look at the crime statistics in the area. According to the latest data from Statistics Canada (2020), this neighborhood has a below-average crime rate, with 6,145.56 incidents per 100,000 population. This is a testament to the community's strong sense of safety and security. Additionally, the property crimes rate is average, with 3,691.76 incidents in 2020.

As for transit, you'll find the Westbound Lougheed Hwy @ Holdom Ave bus station just 0.21 km away from this property. This makes it easy to get around Burnaby and connect to other parts of the city.

Now, let's dive into the demographics of the area. With 31.9% of the population holding a university certificate or degree, this neighborhood is above average in terms of educational attainment. On the other hand, 12.9% of the population has no certificate or degree, which is below average compared to other BC neighborhoods.

In terms of income, the median household income in this area is $80,384, which is above average compared to other areas in British Columbia. However, the median personal income is $30,528, which is below average. Additionally, 52.8% of households in this area have a mortgage, which is below average.

Unemployment rates in the area are low, at 4.8%, making it an attractive option for those looking for stable employment.

As for growth, the population in this area has changed by 1.2% between 2011 and 2016, which is average compared to the region. The population density is 2,907.6 people per square kilometer, which is above average.

Families in this area tend to be average in size, with 2.9 members per household. However, 64.3% of families in the area have children, which is above average. The average age of the population is 41.8 years, which is average compared to other BC cities.

In terms of housing, the average value of dwellings in this neighborhood is $1,111,511, which is high compared to other areas in British Columbia. Owner payments are also above average, with $1,561 spent on average for the dwelling. Tenants, on the other hand, pay $1,406 on average, which is high compared to other cities.

Finally, let's look at transportation. 17.9% of the population in this area are renters, which is average compared to other BC cities and areas. The majority of residents use public transport (32.7%), while 63.6% use cars, which is low. 1.4% of residents use bicycles, which is above average, and 1.7% walk, which is low.

As an experienced realtor, I can attest that this neighborhood offers a unique blend of safety, education, and community amenities that make it an attractive option for families and individuals alike. If you're looking for a home that offers a great quality of life, look no further than 5413 Lougheed Hwy, Burnaby, BC, listed under MLS^® R3067940.