7823 Elwell St, Burnaby, BC, MLS^® R3041349

Welcome to 7823 Elwell Street, a beautiful home for sale in the heart of Burnaby, BC.

As we walk through this charming neighborhood, you'll notice the proximity to top-notch schools that make it an ideal choice for families. The property at 7823 Elwell Street is conveniently located near Lakeview Elementary School, which has a rating of 6.2/10. This school is just a 0.34 km stroll from your future doorstep, making it an excellent option for kids. (MLS® R3041349)

Families also appreciate the proximity to Burnaby Central Secondary School, which is just 2.97 km away. While we couldn't find a rating for this school, its accessibility is a significant advantage for families with teenagers.

In addition to these excellent schools, the neighborhood also boasts our very own Our Lady of Mercy School, an independent elementary school with an impressive rating of 10/10. It's just a 1.54 km walk from your future home. For secondary education, St. Thomas More Collegiate, another independent school, is nearby, with a rating of No Rating but still a convenient 1.46 km from your doorstep.

Safety First

Let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), our neighborhood has a Below Average crime rate of 6,145.56 incidents per 100,000 population. This means you can enjoy peace of mind knowing that the area is relatively safe. The year-over-year change in crime rate is -11.13%, indicating a decrease in criminal activity.

Breaking Down the Numbers

Let's break down the crime statistics further:

- The drug crime rate is Below Average, with a rating of 126.78 incidents.

- Property crimes are Average, with a rating of 3,691.76 incidents.

- Violent crimes are Low, with a rate of 893.28 incidents.

Getting Around

Getting around is a breeze in our neighborhood. The closest bus station, Northbound Canada Way @ Elwell St, is just 0.23 km away from your future home. This convenient location makes it easy to get to work, school, or run errands without breaking a sweat.

Community Vibes

Now, let's talk about the community. Did you know that 27.9% of people in this neighborhood hold a university certificate or degree? That's Above Average compared to other BC neighborhoods. On the other hand, 14.4% of the population has no certificate or degree, which is Below Average. This mix of educated and diverse residents creates a vibrant community that's perfect for anyone looking to put down roots.

Income and Employment

The median household income in our neighborhood is $86,827, which is Above Average compared to the British Columbia average. Median personal income is $28,736, which is Below Average. However, the unemployment rate is Low at 5.2%, making it an attractive choice for job seekers.

Growing Community

Our neighborhood is experiencing steady growth, with a population change of -1.6% between 2011 and 2016. This is Below Average compared to the average growth rate of the region. However, the population density per square kilometer is Average at 1,115.2 people per sq.km.

Family-Friendly

Our neighborhood is a family-friendly area, with an average family size of 3 people, which is Above Average. Additionally, 68.2% of families in the area have children, making it an excellent choice for families with kids. The average age of the population is 41.6 years, which is Average compared to other BC cities.

Real Estate Insights

The average value of dwellings in our neighborhood is $1,453,497, which is High compared to other areas in British Columbia. Owner payments are Above Average, with an average of $1,406 spent on dwellings. Tenants are paying $1,257 in the area, which is also Above Average.

Renters and Housing

32.4% of the population in our neighborhood are renters, which is Above Average compared to other BC cities and areas. The average owner-occupancy rate is 39.4%, which is Low.

Language and Transportation

The neighborhood boasts a diverse population, with 5% of residents speaking both English and French, which is Below Average. However, 89% of residents speak only English, which is Average. The neighborhood is also relatively car-dependent, with 73.1% of residents using cars to get around.

Public Transportation

21.5% of the population in our neighborhood use public transportation, which is Above Average. On the other hand, 2.2% of residents use bicycles, which is Above Average. Only 1.8% of residents walk, which is Low.