4708 4730 Lougheed Hwy, Burnaby, BC, MLS® R3022571

Welcome to 4708 4730 Lougheed Highway, a stunning property located in the heart of Burnaby, BC. As I walk you through this exceptional home, I'll share with you the unique features that make it a gem in the neighborhood.

First, let's talk about the schools. This property is serviced by the highly-rated Brentwood Park Elementary School, with a rating of 7.5/10. Located just 0.7 km from the property, it's an ideal location for families. Additionally, Alpha Secondary School is nearby, with a rating of No Rating, and Holy Cross Elementary School, which boasts a rating of 10/10, is just a short 0.68 km away. Whytecliff Agile Learning Centre (Burnaby), a secondary independent school with a rating of No Rating, is also within a 2.34 km radius.

Now, let's take a look at the crime statistics in the area. According to the latest data from Statistics Canada (2020), the neighborhood surrounding 4708 4730 Lougheed Highway, Burnaby, BC has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The year-over-year change in the total crime rate is -11.13%, indicating a decrease in crime in the area.

Regarding property crimes, the neighborhood is considered Average, with a property misconduct rating of 3,691.76 adjacent to the MLS® R3022571 listing. There were 9,522 property-related incidents in the neighborhood in 2020, with a year-over-year change in the property misconduct rate of -17.54%. On the other hand, the neighborhood has a Low rate of violent lawbreaking disorders, with 2,304 incidents in 2020 and a year-over-year change of -5.51%.

Now, let's explore the lifestyle amenities in the area. The closest bus station is the Westbound Lougheed Hwy @ Beta Ave, which is just 0.16 km away from the property with MLS® R3022571.

In terms of demographics, the neighborhood surrounding 4708 4730 Lougheed Highway, Burnaby, BC has a high percentage of residents with a university certificate or degree, with 39.8% of the population holding this level of education. This is considered High compared to other BC neighborhoods. On the other hand, 7% of the population in the area has no certificate or degree, which is Low compared to the average in BC.

The median household income in the area is $67,212, which is Average compared to other BC neighborhoods. However, the median personal income is $38,912, which is Above Average compared to the BC average. The percentage of households with a mortgage in the area is 74.9%, which is High compared to other areas.

Unemployment rates in the area are also relatively low, with a rate of 5.8%, which is Below Average compared to other neighborhoods in the province.

The neighborhood surrounding 4708 4730 Lougheed Highway, Burnaby, BC has experienced high population growth, with a change of 17.3% between 2011 and 2016. This is considered High compared to average growth rates in the region. The population density per square kilometer in the area is 6,622.4, which is High compared to other neighborhoods.

In terms of family dynamics, the average size of families in the area is 2.6, which is Low compared to the whole region. The percentage of families with children in the area is 51.6%, which is Below Average. However, the percentage of married or living common-law couples is 55.3%, which is also Below Average.

The average age of the population in the area is 36.4, which is Low compared to other BC cities.

Now, let's talk about the real estate context. The average value of dwellings in the neighborhood surrounding 4708 4730 Lougheed Highway, Burnaby, BC is $425,860, which is Above Average compared to other areas in British Columbia. The average owner payments are also Above Average, with owners spending an average of $1,426 per month. Tenants in the area are paying an average of $1,280 per month, which is also Above Average.

Finally, 41.2% of the population in the area are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers in the area is 5.6%, which is Below Average. However, the percentage of English speakers only is 89.5%, which is Average.

In terms of transportation, 30.5% of the population in the area use public transport, which is High. 62.5% of the population use cars, which is Low.