709 4880 Lougheed Hwy, Burnaby, BC, MLS^® R3069094

Welcome to 709 4880 Lougheed Highway in Burnaby, BC, MLS^® R3069094

As we walk through the charming neighborhood, I'm excited to share with you the wonderful features of this beautiful home. With its prime location, excellent schools, and convenient amenities, you'll love calling this address home.

Schools

We're surrounded by excellent schools, with Brentwood Park Elementary School just a short 0.76 km away, rated 7.5/10 by parents and educators. Alpha Secondary School is also nearby, with a rating of No Rating. For families who value education, you'll appreciate the strong school system in this area. And, if you're looking for a private school option, Holy Cross Elementary School is just 0.69 km away, with a stellar rating of 10/10.

Crime Rate

According to the latest statistics from Statistics Canada (2020), our neighborhood has a Below Average crime rate, with 15,851 disturbances and an overall crime rate of 6,145.56 per 100,000 population. This means you can enjoy a safe and secure environment, perfect for raising a family or simply living life to the fullest.

Demographics

The demographics in this vibrant neighborhood are fascinating. With 39.8% of residents holding a university certificate or degree, this area boasts a High level of education. You'll also find a diverse community with 7% of residents having no certificate or degree, a Low number compared to the average in BC. The median household income is $67,212, which is Average compared to the rest of BC. Meanwhile, the median personal income is $38,912, Above Average compared to the province.

Transit

Convenience is key, and with the Eastbound Lougheed Hwy @ Douglas Rd bus station just 0.18 km away, you'll have easy access to public transportation. This makes it ideal for commuters who want to explore the city without the hassle of driving.

Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. You'll find everything you need to live a happy, healthy lifestyle.

Real Estate Context

The average value of dwellings in this neighborhood is $425,860, Above Average compared to other areas in British Columbia. With 41.2% of residents renting, this makes it an attractive option for those who prefer to rent rather than own.

Community Insights

This community is characterized by a High population growth rate of 17.3% between 2011 and 2016, making it an exciting place to live and invest. The population density per square kilometer is 6,622.4, which is High compared to other areas. The average family size is 2.6, which is Low compared to the rest of the region.

Unemployment Rate

The unemployment rate in this area is 5.8%, Below Average compared to other neighborhoods in the province.

Transportation

With 30.5% of residents using public transportation, this area is well-connected to the rest of the city. Meanwhile, 62.5% of residents use cars, which is Low compared to other areas. 1.6% of residents use bicycles, which is Above Average, and 5.2% walk, which is Average.

Language and Culture

Our community is diverse, with 5.6% of residents speaking both English and French, which is Below Average. However, 89.5% of residents speak only English, which is Average. Only 0.1% of residents speak only French, which is Low. Meanwhile, 4.9% of residents speak neither English nor French, which is High compared to other BC cities.

Homeowner and Tenant Insights

The average owner payments are Above Average in this area, with $1,426 spent on average. Tenants, meanwhile, pay $1,280, which is Above Average compared to other cities.

Why You'll Love It Here

With its excellent schools, safe environment, and convenient amenities, this neighborhood is perfect for families, professionals, and anyone who wants to live in a vibrant, diverse community. Whether you're looking to buy or rent, this home at 709 4880 Lougheed Highway, Burnaby, BC, MLS^® R3069094, is an excellent choice.

Schedule a viewing today and make this beautiful home yours!