7863 Wedgewood St, Burnaby, BC, MLS^® R3081453

Welcome to 7863 Wedgewood Street, Burnaby, BC, a charming neighborhood nestled in the heart of British Columbia. This stunning property, listed as MLS^® R3081453, boasts a unique blend of comfort, convenience, and community spirit.

As you step into this beautiful community, you'll discover that it's serviced by Lakeview Elementary School, a highly-rated institution with a 6.2/10 rating. Located just 0.65 km from the property, Lakeview Elementary School is a testament to the area's commitment to providing top-notch educational opportunities. Families love this area because of its strong sense of community and excellent schools, making it an ideal place to raise a family.

In addition to Lakeview Elementary, the property is also close to Burnaby Central Secondary School, with a rating of No Rating, located 3.29 km from the property. For families who value independent education, Our Lady of Mercy School, with a 10/10 rating, is just 1.3 km away. Meanwhile, St. Thomas More Collegiate, with No Rating, is conveniently located 1.24 km from the property.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 7863 Wedgewood Street, Burnaby, BC has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This means that residents can enjoy peace of mind knowing that their community is relatively safe. In terms of specific crime rates, drug crime is Below Average, with a rating of 126.78, and property crimes are Average, with a rating of 3,691.76. Violent crime, on the other hand, is Low, with a rate of 893.28.

Getting around is a breeze in this neighborhood, with the closest Bus station, Eastbound Edmonds St @ 6th St, just 0.1 km away from MLS^® R3081453. This convenient access to public transportation makes it easy to get to work, school, or explore the surrounding area.

Now, let's dive into the demographics of this wonderful neighborhood. With 27.9% of residents holding a university certificate or degree, this area is Above Average compared to other BC neighborhoods. Meanwhile, 14.4% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near 7863 Wedgewood Street, Burnaby, BC is $86,827, which is Above Average compared to the British Columbia average. However, the median personal income is $28,736, which is Below Average compared to the BC average. Interestingly, 39.4% of households in this census subdivision have a mortgage, which is Low compared to other areas.

Unemployment rates in the area surrounding MLS^® R3081453 are Low, with a rate of 5.2%. This is great news for residents who are looking for job opportunities.

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

Families are a big part of this community, with an average family size of 3, which is Above Average compared to the whole region. In fact, 68.2% of families in this area have children, making it an ideal place to raise a family. The average age of the population is 41.6, which is Average compared to other BC cities.

Finally, let's talk about real estate. The average value of dwellings in this 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 per month, while tenants are paying $1,257, also Above Average compared to other cities.

In terms of renter demographics, 32.4% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Overall, 7863 Wedgewood Street, Burnaby, BC, MLS^® R3081453, is a wonderful place to call home. With its strong sense of community, excellent schools, and convenient access to public transportation, this neighborhood has something for everyone.