7988 Sussex Ave, Burnaby, BC, MLS^® R3080892

Welcome to 7988 Sussex Avenue, a beautiful residence in the heart of Burnaby, BC, proudly presented by your local realtor. This stunning home, listed as MLS^® R3080892, boasts an exceptional location and offers a perfect blend of tranquility and convenience.

As we walk through the neighborhood, let's start with the local schools. The property is serviced by Nelson Elementary School, a highly-rated institution with a 6.8/10 rating, located just 0.82 km away. This school is a great option for families, offering a safe and nurturing environment for students to thrive. Just down the road, you'll find Burnaby South Secondary School, a secondary institution with a rating of No Rating, situated 1.5 km from the property.

For parents seeking an alternative education option, St. Francis de Sales, an elementary independent school with a 9/10 rating, is just 2.93 km away. This school provides a unique learning environment that's perfect for families looking for a more personalized approach to education.

Now, let's discuss the crime statistics in the area. According to the latest data from Statistics Canada (2020), the neighborhood surrounding 7988 Sussex Avenue has a crime rate of 6,145.56 incidents per 100,000 population, which is considered Below Average compared to other Canadian cities. Specifically, the property crimes in the area are Average, with a rating of 3,691.76 incidents per 100,000 population in 2020. The year-over-year change in property misconduct rate is -17.54%.

In terms of violent lawbreaking disorders, the area has a Low rate of 893.28 incidents per 100,000 population in 2020. This is a testament to the safe and secure environment of the neighborhood surrounding 7988 Sussex Avenue.

Now, let's talk about the local amenities. The closest bus station is Westbound Portland St @ Sussex Ave, just 0.12 km away from the property. This convenient location makes it easy to get around the city without a car.

As we explore the demographics of the area, we find that 32.4% of the population holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 13.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of household income, the median household income near 7988 Sussex Avenue is $86,101, which is Above Average compared to the British Columbia average. The median personal income in the area is $32,192, which is Average compared to the BC average. Interestingly, 50.3% of households in the area have a mortgage, which is Below Average.

The unemployment rate in the area is 5.2%, which is Low compared to other province neighborhoods. This makes it an attractive location for job seekers and families looking to settle in a stable community.

As we examine the population growth in the area, we find that the population change between 2011 and 2016 was 5.6%, which is Above Average compared to the average growth rate of the region. In terms of population density, the area surrounding 7988 Sussex Avenue has a density of 2,817.1 people per square kilometer, which is Above Average.

The average size of families in the area is 2.9, which is Average compared to the whole region. However, the percentage of families with children is 63.8%, which is Above Average. Interestingly, 60.5% of the population is married or living common law, which is Average.

In terms of age demographics, the average age of the population in the area is 42.1 years, which is Average compared to other BC cities.

As we look at the real estate context, the average value of dwellings in the area is $1,495,499, which is High compared to other areas in British Columbia. The average owner payments are also High in the area, with owners spending an average of $1,839 per month. Tenants, on the other hand, are paying $1,253 per month, which is Above Average.

Finally, 20.2% of the population in the area are renters, which is Average compared to other BC cities and areas.

In terms of language proficiency, 5.1% of the population in the area speaks both English and French, which is Below Average. However, 87.4% of the population speaks only English, which is Below Average. On the other hand, 7.4% of the population speaks neither English nor French, which is High compared to other BC cities.

In terms of transportation, 21.5% of the population in the area uses public transport, which is Above Average. 71.5% of the population uses cars,