2401 5938 Olive Ave, Burnaby, BC, MLS® R3030753

Welcome to 2401 5938 Olive Avenue, a beautiful property located in the heart of Burnaby, BC. As your trusted realtor, I'm excited to share with you the wonderful features of this home and the surrounding community.

One of the top priorities for families is access to quality education. I'm pleased to report that this property is serviced by Chaffey-Burke Elementary School, which has a rating of 7.2/10. This school is just a 0.59 km walk from your front door, making it an ideal choice for families with young children. In addition to Chaffey-Burke, there are several other excellent schools in the area, including Burnaby South Secondary School, which is located 2.42 km from this home. I've also noted that St. Mary's School, an independent elementary school, has a rating of 9.4/10 and is just 1.87 km away.

When it comes to safety, you'll be pleased to know that the crime rate in this area is Below Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 15,851 disturbances in this neighbourhood, with a crime rate of 6,145.56 per 100,000 population. This is a testament to the community's strong values and dedication to maintaining a safe and secure environment. Furthermore, the drug crime rate is also Below Average, with a rating of 126.78, and there were 327 illegal substances lawbreaking disturbances in this city in 2020.

This neighbourhood is home to a diverse range of residents, with 41.1% of people holding a university certificate or degree, which is High compared to other BC neighbourhoods. On the other hand, 8.3% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $47,531, which is Low compared to the British Columbia average. However, the median personal income is $23,644, which is also Low in comparison to the BC average.

Getting around is a breeze in this neighbourhood, with the closest bus station, Patterson Station @ Bay 2, just 0.1 km away. This station offers convenient access to public transportation, making it easy to commute to work, school, or other destinations in the area.

This property is located in the heart of Metrotown, which offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. With a population density of 13,933.5 people per square kilometre, this community is vibrant and bustling, with plenty of opportunities to connect with your neighbours and make new friends.

The average value of dwellings in this neighbourhood is $523,380, which is Above Average compared to other areas in British Columbia. The average owner payments are Below Average, with owners spending an average of $1,037 per month on their dwellings. On the other hand, tenants are paying $1,255 per month, which is Above Average compared to other cities.

This neighbourhood is a popular choice for families, with 56.1% of families with children living in the area. The average size of families is 2.6, which is Low compared to the whole region. The community is also relatively young, with an average age of 40.9 years, which is Average compared to other BC cities.

In conclusion, 2401 5938 Olive Avenue is a fantastic property located in a vibrant and diverse community. With its excellent schools, Below Average crime rate, and convenient access to public transportation, this home offers the perfect blend of safety, convenience, and lifestyle amenities. Whether you're a first-time buyer, a growing family, or a seasoned investor, this property is definitely worth considering. Contact me today to schedule a viewing and make this house your home!

MLS® R3030753 | 2401 5938 Olive Avenue, Burnaby, BC