1103 8850 University Cres, Burnaby, BC, MLS® R3038565

As we walk through the beautiful neighborhood of University Crescent, you'll discover the perfect blend of nature, education, and community amenities. This stunning home, boasting MLS® R3038565, offers an exceptional living experience for families and individuals alike.

Our home at 1103 8850 University Crescent, Burnaby, BC, is serviced by the highly-rated University Highlands Elementary School, with a rating of 7.1/10, located just 0.25 km from the property. Additionally, we're close to Burnaby Mountain Secondary School, with a rating of No Rating, situated 2.83 km from the home. For those seeking alternative educational options, Mediated Learning Academy, an elementary independent school with a rating of No Rating, is just 1.94 km away.

Let's take a look at the crime statistics for the area. According to Statistics Canada's 2020 report, the neighborhood surrounding 1103 8850 University Crescent, Burnaby, BC, experienced 15,851 volation disturbances, resulting in an overall crime rate of 6,145.56. Compared to other Canadian cities, this rate is considered Below Average. The year-over-year change in the total crime rate is -11.13%. When it comes to drug-related crimes, the rating is also Below Average, with 126.78 incidents per 100,000 population, and a year-over-year change of 2.35%. Property crimes in the area are considered Average, with 3,691.76 incidents per 100,000 population, and a year-over-year change of -17.54%.

Now, let's explore the community amenities surrounding our home at 1103 8850 University Crescent, Burnaby, BC. The nearest bus station is the SFU Transit Exchange @ Bay 4, located just 0.32 km away from the property. This convenient location makes it easy to get around the city.

The neighborhood surrounding 1103 8850 University Crescent, Burnaby, BC, boasts a diverse population with a high percentage of residents holding a university certificate or degree, at 36.8%. This is a significant advantage for those seeking a community with strong educational values. On the other hand, 7.4% of the population in this area have no certificate or degree, which is considered Low compared to the average in BC.

When it comes to the economy and housing, the median household income in the area surrounding 1103 8850 University Crescent, Burnaby, BC, 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. However, 63% of households in the area have a mortgage, which is Above Average.

The neighborhood surrounding 1103 8850 University Crescent, Burnaby, BC, offers convenient access to public transportation, with 23.2% of the population using Public Transport, which is Above Average. Cars are the primary mode of transportation for 65% of the population, which is considered Low. Bicycles are used by 1.3% of the population, and 9.5% of the population walks, both of which are Above Average.

If you're considering buying a home in this area, you'll appreciate the above-average value of dwellings, with an average price of $793,873. This is a significant advantage for investors and homeowners alike. The average owner payments in the area are also Above Average, with owners spending an average of $1,562 per month. Tenants, on the other hand, pay an average of $1,393 per month, which is High compared to other cities.

In conclusion, 1103 8850 University Crescent, Burnaby, BC, MLS® R3038565, offers an exceptional living experience for those seeking a blend of nature, education, and community amenities. With its high-rated schools, Below Average crime rates, and convenient access to public transportation, this property is a great investment opportunity for individuals and families alike.