605 4168 Lougheed Hwy, Burnaby, BC V5C 0N9, Burnaby, BC, V5C 0N9, MLS® R3049235

Welcome to 605 4168 Lougheed Highway, Burnaby, BC V5C 0N9, a Diamond in the Heart of Burnaby!

As we walk through this stunning community, you'll notice the perfect blend of natural beauty and urban convenience. Let's start with the schools. Kitchener Elementary School, located just 0.74 km from this property with MLS® R3049235, boasts an impressive rating of 6.9/10. This school is a gem, offering a safe and supportive learning environment that families love. Just down the road, you'll find Alpha Secondary School, with a rating of No Rating, and Holy Cross Elementary School, with a remarkable rating of 10/10. These top-notch educational institutions make this neighborhood an ideal choice for families.

A Safe Haven: Low Crime Rates

Burnaby is known for its low crime rates, and this neighborhood is no exception. According to Statistics Canada's 2020 report, there were 15,851 volation disturbances in this area, resulting in an overall crime rate of 6,145.56, which is Below Average compared to other Canadian cities. The year-by-year change in the total crime rate is a staggering -11.13%, showcasing the community's commitment to maintaining a safe environment.

Excellent Transit Options

This property, MLS® R3049235, is conveniently located near the Westbound Lougheed Hwy @ Gilmore Ave bus station, just 0.14 km away. Commuting to work or school has never been easier, with public transportation options at your doorstep.

Demographics: A Thriving Community

This neighborhood is home to a diverse population, with 36.7% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $69,646, Average in comparison to the British Columbia average. With a median personal income of $36,313, Average in comparison to the BC average, this community offers a great balance of affordability and lifestyle.

Unemployment Rate: Below Average

The unemployment rate in this area is 6.3%, Below Average compared to other province neighborhoods. This indicates a strong and stable economy, making it an attractive choice for families and professionals.

Growth and Population: A Thriving Metropolis

The population change between 2011 and 2016 was 20.5%, High compared to average growth rate of this region. This demonstrates the area's popularity and desirability, making it an excellent choice for those looking to put down roots.

Real Estate Context: A Growing Market

The average value of dwellings in this neighborhood is $709,307, High compared to other areas in British Columbia. With Average Owner payments of $1,445 and Tenants paying $1,475, this community offers a range of affordable housing options.

Lifestyle Amenities: A Hub of Activity

This neighborhood is surrounded by an array of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The 27.1% of Population in this district who are Renters is Average comparing to other BC cities and areas.

Language and Transportation: A Multicultural Community

The community is linguistically diverse, with 4.8% of residents speaking English and French, 89.9% speaking English only, and 5.3% speaking Neither English nor French. With 26.5% of the population using Public Transport, 65.4% using Cars, 1.1% using Bicycles, and 5.9% walking, this community offers a range of transportation options to suit every lifestyle.

• *In conclusion, 605 4168 Lougheed Highway, Burnaby, BC V5C 0N9, MLS® R3049235, is a stunning property in a thriving community. With its top-notch schools, low crime rates, excellent transit options, and diverse demographics, this neighborhood is an ideal choice for families and professionals alike. Don't miss out on this opportunity to own a piece of Burnaby's history!