402 6933 Arcola St, Burnaby, BC, MLS® R3026567

Welcome to 402 6933 Arcola Street, a beautiful property nestled in the heart of Burnaby, BC. As we take a stroll through this charming community, I'd like to highlight some of the fantastic features that make this home a gem.

First, let's talk about the schools. Morley Elementary School, located just 0.79 km from this property, is a wonderful institution that provides a solid foundation for young minds. With a rating of No Rating, this school is an excellent choice for families who value a strong education. Additionally, Byrne Creek Community School is just 1.48 km away, offering a range of programs and extracurricular activities for students.

For families who prefer an independent school education, St. Francis de Sales is just a short 0.45 km from this home, boasting a stellar rating of 9/10. On the other hand, St. Thomas More Collegiate, a secondary independent school, is 1.65 km away, providing a well-rounded education for students.

Now, let's talk about crime statistics. According to the latest data from Statistics Canada (2020), this neighbourhood has a crime rate of 6,145.56, which is Below Average compared to other Canadian cities. This means that residents can enjoy a safe and peaceful environment. Furthermore, the rate of drug-related crimes is also Below Average, with a rating of 126.78 and 327 incidents in 2020.

When it comes to property crimes, this neighbourhood is considered Average, with a rating of 3,691.76 and 9,522 incidents in 2020. However, it's worth noting that the violent crime rate is Low, with 893.28 incidents in 2020. This is a testament to the community's strong sense of security and well-being.

As we explore this neighbourhood, you'll notice that it's easily accessible by public transportation. The closest bus station, Northbound Griffiths Ave @ Kingsway, is just 0.09 km away, making it convenient for commuters.

Now, let's take a look at the demographics. This neighbourhood boasts an impressive 32.1% of residents with a university certificate or degree, which is Above Average compared to other BC neighbourhoods. On the other hand, 14.7% of the population has no certificate or degree, which is Below Average.

In terms of income, the median household income is $44,442, which is Low compared to the British Columbia average. However, the median personal income is $24,236, also Low compared to the BC average. The percentage of households with a mortgage is 59.7%, which is Average.

As we delve deeper into the community, you'll notice that the unemployment rate is 6.9%, which is Below Average compared to other province neighbourhoods. This is a great sign for the local economy and residents' job prospects.

This neighbourhood is part of the Highgate community, which experienced a population change of -1.1% between 2011 and 2016. This is Below Average compared to the average growth rate of this region.

In terms of lifestyle, this area offers a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average size of families is 2.7, which is Below Average compared to the whole region. However, 57.8% of families have children, which is Average.

The average age of the population is 42.1, which is Average compared to other BC cities. The average value of dwellings in this neighbourhood is $481,607, which is Above Average compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are Average, with owners spending $1,256 per month. Tenants, on the other hand, are paying $914 per month, which is Below Average compared to other cities.

Interestingly, 52.7% of the population in this district are renters, which is High compared to other BC cities and areas. Additionally, 4% of the population speaks English and French, which is Low. However, 87.1% of residents speak only English, which is Below Average.

Lastly, 37.3% of the population uses public transportation, which is High. On the other hand, 56.6% of residents use cars, which is Low. 0.7% of residents use bicycles, which is Below Average, while 4.8% of residents walk, which is Average.

In conclusion, 402 6933 Arcola Street, Burnaby, BC (MLS® R3026567) is a fantastic property that offers a unique blend of education, safety, and community amenities. Whether you're a family, a young professional, or a retiree, this home has something for everyone. So, come and explore