801 8850 University Cres, Burnaby, BC, MLS^® R3044408

Welcome to 801 8850 University Crescent, a beautiful property nestled in the heart of Burnaby, BC! As your trusted realtor, I'm excited to take you through the neighborhood and highlight its many charms. Let's start with the schools, which are always a top priority for families.

Located just 0.25 km from our property is University Highlands Elementary School, rated 7.1/10. Families love this area because of its excellent schools, and University Highlands is no exception. The school's proximity to our home makes it an ideal choice for parents who want to ensure their children receive a top-notch education.

In addition to University Highlands Elementary, our home is also serviced by Burnaby Mountain Secondary School, located 2.83 km away. While ratings are not available for this school, its reputation as one of the best in the area speaks for itself.

If you're looking for an independent school option, the Mediated Learning Academy is the closest to our property, located 1.94 km away. This school has a rating of No Rating, but its proximity to our home makes it a convenient choice for families who value the flexibility of independent education.

Now, let's talk about crime. According to the latest statistics from Statistics Canada (2020), our neighborhood has a crime rate of 6,145.56, which is Below Average compared to other Canadian cities. This is great news for families who want to feel safe in their community. The year-over-year change in crime rate is -11.13%, indicating a steady decline in criminal activity.

In terms of specific types of crime, our neighborhood has a Below Average rate of drug-related offenses, with a rating of 126.78. There were 327 such disturbances in 2020, and the year-over-year change in this ranking is 2.35%. Property crimes are Average in our neighborhood, with a rating of 3,691.76 and 9,522 incidents in 2020. The year-over-year change in this rate is -17.54%.

Violent crimes are Low in our neighborhood, with a rate of 893.28. There were 2,304 such disturbances in 2020, and the year-over-year change in this rate is -5.51%.

Now, let's talk about transportation. The closest bus station is the SFU Transit Exchange @ Bay 4, located 0.32 km away from our property. This makes it easy for commuters to get to work or school without a car.

In terms of demographics, our neighborhood is home to a diverse population. 36.8% of people in our neighborhood have a university certificate or degree, which is High compared to other BC neighborhoods. 7.4% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in our neighborhood is $71,834, which is Average compared to the British Columbia average. The median personal income is $29,798, which is Below Average compared to the BC average. 63% of households in our neighborhood have a mortgage, which is Above Average.

The unemployment rate in our neighborhood is 8.3%, which is Average compared to other province neighborhoods.

Our neighborhood is also experiencing Above Average population growth, with a change of 4.4% between 2011 and 2016. This is a great sign for families who want to be part of a thriving community.

In terms of family dynamics, the average size of families in our neighborhood is 2.9, which is Average compared to the whole region. 67.6% of families in our neighborhood have children, which is Above Average. 54.1% of households in our neighborhood are married or living common law, which is Below Average.

The average age of the population in our neighborhood is 35.8, which is Low compared to other BC cities.

In terms of housing, the average value of dwellings in our neighborhood is $793,873, which is High compared to other areas in British Columbia.

The average owner payments in our neighborhood are Above Average, with owners spending an average of $1,562 per month on their dwellings. Tenants in our neighborhood are paying an average of $1,393 per month, which is High compared to other cities.

45.1% of the population in our neighborhood are renters, which is Above Average compared to other BC cities and areas.

Finally, let's talk about language. 8.3% of the population in our neighborhood speak both English and French, which is Average. 88.6% of the population speak only English, which is Below Average. 0.1% of the population speak only French, which is Low. 3.2% of the population speak neither English nor French, which is Above Average.

In terms of transportation, 23.2% of the population in our