308 6398 Silver Ave, Burnaby, BC, MLS® R3043951

Welcome to 308 6398 Silver Avenue, a beautiful home in the heart of Burnaby, BC. As your trusted realtor, I'm excited to share with you the wonderful aspects of this community, and the data that supports it.

First, let's talk about schools. The property is serviced by Maywood Community School, which has a rating of 4.5/10 and is located just 0.51 km away. This school is a great choice for families, and its proximity to the home makes it an ideal option for those with kids. Burnaby South Secondary School, with its No Rating, is also nearby, located 1.8 km from the property.

For families looking for an alternative, Deer Lake School, an independent elementary school, is just 2.42 km away, offering a No Rating. The same distance and rating apply to Deer Lake School as a secondary independent school.

Now, let's discuss crime rates. According to the latest Statistics Canada data from 2020, the neighbourhood surrounding 308 6398 Silver Avenue, Burnaby, BC, has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This is a significant factor for those seeking a safe and secure community. In addition, the year-over-year change in crime rate is -11.13%.

In terms of drug crime, the rating is Below Average, with 126.78 incidents per 100,000 population. This is a reassuring aspect of the community, especially for those with concerns about substance abuse. The year-over-year change in illegal substances offences is 2.35%.

Property crimes in the area are Average, with a rating of 3,691.76. This indicates that the community is relatively stable in terms of property-related incidents. The year-over-year change in property misconduct rate is -17.54%.

Regarding violent crimes, the neighbourhood has a Low rate, with 893.28 incidents per 100,000 population. This is a significant advantage for those seeking a safe community. The year-over-year change in violent crime rate is -5.51%.

Now, let's explore the community's demographics. With 37.3% of the population holding a university certificate or degree, this neighbourhood is considered High in comparison to other BC neighbourhoods. On the other hand, 10.9% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $40,425, which is Low in comparison to the British Columbia average. The median personal income is $21,262, also Low in comparison to the BC average. However, the proportion of households with a mortgage is 68.9%, which is Above Average.

Unemployment rates in the area are Average, with 7.6% of the population experiencing unemployment. This is a relatively stable aspect of the community.

The population in the community surrounding 308 6398 Silver Avenue, Burnaby, BC, has shown High growth between 2011 and 2016, with a 34.2% increase. This is a significant factor for those seeking a dynamic and growing community.

In terms of population density, the area has a High density of 19,069.9 people per square kilometre. This is a notable aspect of the community, indicating a lively and vibrant atmosphere.

The average family size in the area is 2.6, which is Low in comparison to the whole region. The proportion of families with children is 57.3%, which is Average. However, the proportion of married or living common law is 49.6%, which is Below Average.

The average age of the population in the area is 35.3, which is Low in comparison to other BC cities.

Now, let's discuss real estate. The average value of dwellings in the neighbourhood is $550,379, which is Above Average compared to other areas in British Columbia. Owner payments are also Above Average, with an average of $1,378 per month. Tenants are paying $1,086 per month, which is Average compared to other cities.

Interestingly, 76.1% of the population in the area are renters, which is High compared to other BC cities and areas.

In terms of language, 3.6% of the population speak both English and French, which is Low. However, 89.6% of the population speak only English, which is Average. Only 0.1% of the population speak only French, which is Low. On the other hand, 6.8% of the population speak neither English nor French, which is High compared to other BC cities.

Finally, 51% of the population in the area use public transport, which is High. 37.9% of the population use cars, which is Low.