1003 8940 University Cres, Burnaby, BC V5A 4Y8, Burnaby, BC, V5A 4Y8, MLS® R3049779

Welcome to 1003 8940 University Crescent, a stunning property nestled in the heart of Burnaby, BC, proudly listed as MLS® R3049779. As we walk through this beautiful home, you'll notice its proximity to excellent schools, making it an ideal choice for families.

University Highlands Elementary School, with a rating of 7.1/10, is just 0.26 km away from this property. This school is a gem in the community, and families love it for its dedicated teachers and engaging curriculum. Just down the road, Burnaby Mountain Secondary School, with a rating of No Rating, is 2.85 km from this property, offering students a range of academic and extracurricular opportunities.

For families who prefer independent schools, Mediated Learning Academy is the closest Elementary option, with a rating of No Rating, located 1.92 km from this home. This school offers a unique learning approach that caters to students with diverse needs. Similarly, Mediated Learning Academy is the closest Secondary independent school, also with a rating of No Rating, situated 1.92 km from this property.

Now, let's talk about the safety of this neighborhood. According to Statistics Canada's 2020 report, this area has a below-average crime rate compared to other Canadian cities. With 15,851 reported incidents, the overall crime rate near 1003 8940 University Crescent, Burnaby, BC is 6,145.56, indicating a relatively safe environment. The year-over-year change in the total crime rate is -11.13%, which is a positive trend.

Looking at the specific types of crimes, the drug crime rate is also below average, with 126.78 incidents per 100,000 population. This means that the community is well-policiced, and residents can enjoy peace of mind. Property crimes are average in this neighborhood, with 3,691.76 incidents reported. The violent crime rate is low, with 893.28 incidents per 100,000 population, indicating a safe community for residents.

Now, let's explore the lifestyle and amenities that make this neighborhood so desirable. The closest bus station, SFU Transit Exchange @ Bay 4, is just 0.38 km away from this property, making it easy to get around the city. This neighborhood is also home to a diverse population, with 36.8% of residents holding a university certificate or degree. This is a high percentage compared to other BC neighborhoods. On the other hand, 7.4% of the population has no certificate or degree, which is low compared to the average in BC.

In terms of income, the median household income near this property is $71,834, which is average compared to other BC neighborhoods. The median personal income is $29,798, which is below average. However, 63% of households in this area own their homes, which is above average.

This neighborhood is also experiencing steady growth, with a population change of 4.4% between 2011 and 2016, which is above average. The population density is 637.5 people per square kilometer, which is average. The average family size is 2.9, which is average. However, 67.6% of families in this area have children, which is above average. The average age of the population is 35.8, which is low compared to other BC cities.

In terms of transportation, 45.1% of the population in this area are renters, which is above average. The average owner payments are above average, with $1,562 spent on dwellings. On the other hand, tenants pay an average of $1,393, which is high compared to other cities.

As we wrap up our tour of 1003 8940 University Crescent, Burnaby, BC V5A 4Y8, Burnaby, BC, V5A 4Y8, MLS® R3049779, I hope you've seen the many benefits of this property. From its proximity to excellent schools to its safe and diverse community, this home has something for everyone. Whether you're a family looking for a place to raise your children or an individual looking for a peaceful and convenient lifestyle, this property is an excellent choice.