207 7368 Royal Oak Ave, Burnaby, BC, MLS® R3003425

As we walk through the streets of this charming neighborhood, you'll notice the variety of amenities that make it a great place to call home. Let's start with the schools.

This home is serviced by the highly-rated Nelson Elementary School, with a rating of 6.8/10. It's conveniently located just 0.52 km from the property, making it easy for kids to get to school. Additionally, Burnaby South Secondary School is also nearby, with a rating of No Rating, and is located just 0.23 km from the property.

For families who prefer independent schools, St. Francis de Sales is the closest elementary school, with a rating of 9/10, located 1.61 km from the property. Deer Lake School, a secondary independent school, is also nearby, with No Rating, located 2.76 km from the property.

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The neighborhood also had a Below Average drug crime rate, with a rating of 126.78, and a property crime rate that is Average.

The neighborhood is home to a diverse population, with 33.4% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. However, 11.9% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in the area is $70,400, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $27,468, which is Below Average. Interestingly, 62.1% of households in the area have a mortgage, which is Above Average.

The property is conveniently located near public transportation, with the Southbound Royal Oak Ave @ Sidley St bus station just 0.05 km away.

The neighborhood is surrounded by a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The Metrotown area, where this property is located, offers a wide range of amenities and services.

The average value of dwellings in this neighborhood is $953,101, which is High compared to other areas in British Columbia. The average owner payments in the area are also Above Average, with owners spending an average of $1,544 per month on their dwellings. Meanwhile, tenants are paying an average of $1,236 per month, which is also Above Average.

The neighborhood has a diverse community, with 28% of residents being renters, which is Above Average compared to other BC cities and areas. The population density in the area is High, with 4,867.9 people per square kilometer.

The area is well-connected, with 31% of the population using public transportation, which is High. Meanwhile, 65% of the population uses cars, which is Low. 1.1% of the population uses bicycles, which is Average, and 2.6% of the population walks, which is Below Average.

This property, with listing MLS® R3003425, offers a great investment opportunity for those looking to purchase a home in a desirable neighborhood with a strong sense of community.

207 7368 Royal Oak Avenue is a wonderful community in Burnaby, BC, offering a range of amenities and services. From its highly-rated schools to its diverse population, this neighborhood has something for everyone. Whether you're a first-time buyer or an investor, this property is definitely worth considering.