15 8868 16th Ave, Burnaby, BC, MLS® R3040308

As we walk through this charming neighborhood, you'll notice the proximity to excellent schools. Armstrong Elementary School, with a rating of 6.4/10, is just 0.44 km away. This school is highly valued by families in the area, and with its strong reputation, it's no wonder why. Just down the road, Cariboo Hill Secondary School is also conveniently located, with a rating of No Rating, and is just 0.86 km from this property.

For those seeking an independent school experience, St. Michaels School, with an impressive rating of 9.9/10, is just 0.94 km away. Similarly, Carver Christian High School, with a rating of No Rating, is also nearby, located just 0.76 km from this property.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has a Below Average crime rate, with 6,145.56 incidents per 100,000 population. This means that residents can enjoy a sense of peace and security, knowing that their community is well-protected.

In terms of specific crime rates, drug crime is Below Average, with a rating of 126.78, and property crime is Average, with a rating of 3,691.76. Violent crime, however, is Low, with a rate of 893.28, which is reassuring for families and individuals alike.

Now, let's explore the demographics of this neighborhood. With 32.8% of residents holding a university certificate or degree, this area is considered High in terms of educational attainment. On the other hand, 12.6% of the population has no certificate or degree, which is Below Average compared to the rest of BC.

In terms of income, the median household income is $90,766, which is Above Average compared to the rest of British Columbia. Meanwhile, the median personal income is $32,448, which is Average. Interestingly, 55.5% of households in this area have a mortgage, which is Below Average.

Unemployment rates are also a positive indicator, with a rate of 5.7%, which is Below Average compared to other neighborhoods in the province.

This neighborhood is experiencing Above Average population growth, with a change of 4.5% between 2011 and 2016. With a population density of 1,592.4 people per square kilometer, this area is considered Average in terms of population density.

Families are well-represented in this area, with an Average family size of 3.1 and 73% of families with children. However, the percentage of married or living common law couples is Average, at 57.8%. The average age of the population is 40.5, which is also Average.

Now, let's talk about real estate. The average value of dwellings in this neighborhood is $1,097,982, which is High compared to other areas in British Columbia. Owner payments are also High, with an average of $1,709 per month, while tenants are paying $1,261, which is Above Average.

Finally, 27.4% of the population in this area are renters, which is Average compared to other BC cities and areas.

Overall, 15 8868 16th Avenue is a wonderful property located in a desirable neighborhood with excellent schools, a safe community, and a range of amenities. If you're looking for a home with a sense of security and a strong community feel, this property is definitely worth considering.

MLS® R3040308 is a unique opportunity to own a piece of this vibrant neighborhood, and we're confident that you'll fall in love with its charm and character.

Contact us today to schedule a viewing and make this property your home!