501 6398 Silver Ave, Burnaby, BC, MLS® R3018715

Welcome to the charming community of Burnaby, where the vibrant neighborhood of Metrotown comes alive with its eclectic mix of cultures, cuisines, and lifestyles. Let me take you on a tour of this fantastic area, where you'll find the perfect blend of convenience, amenities, and tranquility.

As we step into the heart of Metrotown, you'll notice the proximity to top-notch schools. The property at 501 6398 Silver Avenue, Burnaby, BC, specifically with MLS® R3018715, is serviced by the excellent Maywood Community School, just 0.51 km away. Maywood Community School boasts an impressive rating of 4.5/10, making it a fantastic choice for families. You'll also find Burnaby South Secondary School nearby, located 1.8 km from this fantastic home, offering a comprehensive education for your children.

In addition to the local public schools, the closest elementary independent school to this sought-after home is Deer Lake School, with a rating of No Rating, located 2.42 km away. Similarly, the closest secondary independent school to 501 6398 Silver Avenue is Deer Lake School, also with a rating of No Rating, situated 2.42 km from this property.

Now, let's talk about safety. According to the freshest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 6,145.56, which is Below Average compared to other Canadian cities. This means you'll enjoy a peaceful living environment, with a low risk of incidents. The year-over-year change in the total crime rate is an impressive -11.13%, demonstrating a steady decrease in crime over time.

Regarding specific types of crime, the neighborhood around MLS® R3018715 has a Below Average drug crime rate, with a rating of 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020. The year-over-year change in the illegal substances offenses ranking is a modest 2.35%. Property crimes in the area are Average, with a rating of 3,691.76. There were 9,522 property misconduct incidents in the neighborhood in 2020. The year-over-year change in the property misconduct rate is a notable -17.54%. Meanwhile, the violent crime rate is Low, with 893.28 incidents in 2020. The year-over-year change in the violent crime rate is -5.51%.

As we explore this vibrant community, you'll find that the closest Bus station is Metrotown Station @ Bay 11, just 0.13 km away from this fantastic home with MLS® R3018715. This convenient location makes it easy to get around without a car.

Now, let's dive into the demographics of this fantastic community. You'll find that 37.3% of the population in this area holds a university certificate/degree, which is High compared to other BC neighborhoods. 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 household income, the median household income near this home is $40,425, which is Low compared to the British Columbia average. The median personal income near this home is $21,262, also Low compared to the BC average. However, the percentage of households with a mortgage in this area is 68.9%, which is Above Average.

The unemployment rate in this area is 7.6%, which is Average compared to other province neighborhoods. Population change between 2011 and 2016 was 34.2%, which is High compared to average growth rate of this region. Population density per square kilometer in this community is 19,069.9, which is High.

Family dynamics in this area are also worth noting. The average size of families in this area is 2.6, which is Low compared to the whole region. However, 57.3% of families in this area have children, which is Average. Furthermore, 49.6% of the population in this area is married or living common law, which is Below Average.

The average age of the population in this area is 35.3, which is Low compared to other BC cities. As we explore the real estate context, you'll find that the average value of dwellings in this neighborhood is $550,379, which is Above Average compared to other areas in British Columbia.

Now, let's talk about affordability. The average owner payments in this area are Above Average, with owners spending an average of $1,378 per month. On the other hand, tenants in this area are paying an average of $1,086 per month, which is Average compared to other cities.

Interestingly, 76.1% of the population in this area are renters, which is High compared