5680 Monarch St, Burnaby, BC, MLS® R3042262

Welcome to 5680 Monarch Street, a charming residence located in the heart of Burnaby, BC. As we step into this beautiful home, you'll notice its proximity to top-rated schools, making it an ideal choice for families.

This property with MLS® R3042262 is serviced by the highly-rated Gilpin Elementary School, just a 0.27 km stroll away. With a rating of 5.6/10, you can trust that your little ones will receive a quality education. Additionally, Burnaby Central Secondary School, with its No Rating, is also within a 0.39 km radius, providing a seamless transition to secondary education.

For those seeking independent school options, Deer Lake School is the closest Elementary school, located a mere 0.3 km from this home, with a No Rating. Similarly, Deer Lake School is the closest Secondary independent school, also at 0.3 km, with a No Rating.

As we explore the neighborhood, we'll delve into the crime statistics. According to the 2020 data from Statistics Canada, this area boasts a Below Average crime rate, with 6,145.56 incidents per 100,000 population. To put this into perspective, this rate is 11.13% lower than the previous year, indicating a decline in crime.

Breaking down the crime statistics, we see that drug-related crimes are Below Average, with a rating of 126.78, and 327 incidents in 2020. The property crime rate is Average, with 3,691.76 incidents and 9,522 in the neighborhood in 2020. Violent crimes, on the other hand, are Low, with 893.28 incidents and a 5.51% decrease from the previous year.

Just a short distance from this residence, you'll find the Westbound Gilpin St @ Mahon Ave bus station, a mere 0.22 km away. With its proximity to public transportation, commuting to work or school is a breeze.

Let's take a closer look at the demographics of this neighborhood. We see that 39.1% of residents hold a university certificate or degree, placing this area in the High category compared to other BC neighborhoods. On the other hand, 10% of the population has no certificate or degree, which is Low compared to the average in BC.

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

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

This residence is located in the Deer Lake Place community, where the average size of families is 3, placing it Above Average. The percent of families with children is 63.8%, Also Above Average. The average age of the population close to this home is 42.9, a figure that is Above Average in comparison to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $1,076,140, a High figure compared to other areas in British Columbia. The average owner payments are Above Average, with $1,520 spent on the dwelling. Tenants, on the other hand, pay $1,357, a High figure compared to other cities.

The population in this district near MLS® R3042262 is 15.1% renters, a Below Average figure compared to other BC cities and areas. Furthermore, 19.7% of the population uses public transportation, a figure that is Above Average. In contrast, 73.3% of residents use cars, which is Below Average. 2.1% of people use bicycles, a figure that is Above Average. Lastly, 3.7% of the population walks, a figure that is Average.

With its proximity to top-rated schools, safe community, and convenient transit options, 5680 Monarch Street is an attractive choice for families and individuals alike.