4708 4880 Lougheed Hwy, Burnaby, BC, MLS® R3037633

Welcome to 4708 4880 Lougheed Highway, a stunning property located in the heart of Burnaby, BC. As your trusted realtor, I'm excited to guide you through the features and amenities of this incredible home.

First, let's talk about the schools. With MLS® R3037633, you'll have access to top-notch education options in the area. Brentwood Park Elementary School, rated 7.5/10, is a short 0.77 km away, providing a fantastic foundation for young learners. Additionally, Alpha Secondary School, located 1.3 km from your doorstep, boasts a rating of No Rating and offers a comprehensive education experience. And for those seeking a faith-based education, Holy Cross Elementary School, rated 10/10, is a mere 0.7 km away, offering a nurturing environment for students.

Now, let's explore the neighborhood's safety record. According to the latest data from Statistics Canada (2020), this area boasts an overall crime rate of 6,145.56, which is Below Average compared to other Canadian cities. With a rate of 126.78 for drug-related crimes and 3,691.76 for property crimes, you can enjoy a safe and peaceful living environment. Furthermore, the violent crime rate of 893.28 is considered Low, providing you with peace of mind.

For those who value convenience, you'll appreciate the proximity to public transportation. The Eastbound Lougheed Hwy @ Douglas Rd bus station is just 0.19 km away, making it easy to get around Burnaby without a car.

Now, let's dig into the demographics of this lovely neighborhood. With 39.8% of residents holding a university certificate or degree, this area is considered High in terms of educational attainment. Additionally, 7% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this home is $67,212, which is Average compared to other BC neighborhoods. Meanwhile, the median personal income is $38,912, which is Above Average. You'll also notice a high percentage of homeowners, with 74.9% of households owning their properties, making it a great area to invest in real estate.

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

As we explore the community, you'll notice a population growth rate of 17.3% between 2011 and 2016, which is High compared to average growth rates in the region. The population density per square kilometer is 6,622.4, making it a vibrant and active community.

Families will appreciate the average family size of 2.6, which is Low compared to the whole region. Additionally, 51.6% of families have children, which is Below Average. You'll also notice a high percentage of married or living common-law couples, with 55.3%, which is Below Average.

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

When it comes to real estate, the average value of dwellings in this neighborhood is $425,860, which is Above Average compared to other areas in British Columbia. With average owner payments of $1,426 and tenants paying $1,280, this area offers a great balance of affordability and value.

Lastly, let's look at the transportation habits of the community. With 41.2% of the population using public transportation, this is considered High compared to other BC cities and areas. Meanwhile, 62.5% of residents use cars, which is Low. You'll also notice a high percentage of cyclists, with 1.6%, and a moderate percentage of walkers, with 5.2%.

In conclusion, 4708 4880 Lougheed Highway is an excellent choice for those seeking a safe, convenient, and vibrant community. With top-notch schools, a low crime rate, and a strong sense of community, this property is sure to impress. As your trusted realtor, I'd be delighted to answer any questions you may have and help you navigate the buying process.

MLS® R3037633

Property Address: 4708 4880 Lougheed Highway, Burnaby, BC