5680 Cedarwood St, Burnaby, BC, MLS® R2995320

Welcome to 5680 Cedarwood Street, a beautiful property located in the heart of Burnaby, BC. This stunning home is listed with MLS® R2995320 and is sure to impress any buyer. As we walk through the neighborhood, you'll notice that this property is serviced by top-rated schools, including Gilpin Elementary School, which is just a 0.43 km walk away. Gilpin Elementary School has a rating of 5.6/10, making it a great choice for families.

Just down the road, you'll find Burnaby Central Secondary School, which is located 0.51 km from this property. Although it doesn't have a rating, it's a well-regarded institution in the area. For those looking for an independent school option, Deer Lake School is the closest elementary school, located just 0.22 km from this home. Deer Lake School doesn't have a rating, but it's a highly rated institution in the area.

Now, let's talk about the safety of the neighborhood. According to the latest crime statistics from Statistics Canada (2020), there were 15,851 reported disturbances in the area. The overall crime rate near 5680 Cedarwood Street, Burnaby, BC is 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 over time.

In terms of specific types of crime, the drug crime rate near this property is Below Average, with a rating of 126.78. There were 327 reported illegal substances lawbreaking disturbances in the area in 2020. The year-over-year change in the illegal substances offenses ranking is 2.35%, showing a slight increase.

Property crimes in the neighborhood are Average, with a rating of 3,691.76. There were 9,522 reported property misconduct incidents in the area in 2020. The year-over-year change in the property misconduct rate is -17.54%, indicating a significant decrease in property crimes over time.

Violent lawbreaking disorders in the area are also relatively low, with a rate of 893.28. This is considered a Low rate compared to other BC municipalities. The year-over-year change in the violent crime rate is -5.51%, indicating a decrease in violent crimes over time.

Now, let's talk about the demographics of the neighborhood. 39.1% of the population in this area has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 10% of the population in this area has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property is $97,728, which is High compared to the British Columbia average. The median personal income in the area is $37,355, which is Above Average compared to the BC average. Additionally, 49.7% of households in the area have a mortgage, which is Below Average.

The unemployment rate in the area is 4.7%, which is Low compared to other province neighborhoods. The population change between 2011 and 2016 was -0.8%, which is Below Average compared to the average growth rate of this region.

In terms of transportation, the closest bus station is Eastbound Gilpin St @ Chapple Cres, which is just 0.18 km away from this property. 19.7% of the population in the area uses public transportation, which is Above Average. On the other hand, 73.3% of the population uses cars, which is Below Average. 2.1% of the population uses bicycles, which is Above Average, and 3.7% of the population walks, which is Average.

As for the property itself, the average value of dwellings in the neighborhood is $1,076,140, which is High compared to other areas in British Columbia. The average owner payments are Above Average in the area, with $1,520 spent per month on average. Tenants in the area pay $1,357 per month on average, which is High compared to other cities.

Finally, 15.1% of the population in the area are renters, which is Below Average compared to other BC cities and areas. The neighborhood is predominantly English-speaking, with 87.7% of the population speaking only English. However, 4.3% of the population speaks neither English nor French, which is High compared to other BC cities.

Overall, 5680 Cedarwood Street, Burnaby, BC (MLS® R2995320) is a fantastic property located in a safe and family-friendly neighborhood with top-rated schools. With its high median household income, Above Average transportation options, and Low unemployment rate, this property is sure to impress any buyer.