7240 16th Ave, Burnaby, BC, MLS® R3023636

Welcome to 7240 16th Avenue in the heart of Burnaby, BC! As your trusted realtor, I'm excited to guide you through this stunning property, MLS® R3023636, and highlight the amazing features and benefits of this incredible neighborhood.

Our neighborhood is proud to be served by two exceptional schools: Stride Avenue Community School and Byrne Creek Community School. Both schools are within walking distance, with Stride Avenue Community School just 0.62 km away and Byrne Creek Community School a short 0.85 km from this beautiful home. Stride Avenue Community School has a rating of No Rating, while Byrne Creek Community School also has a rating of No Rating.

For families, we also have the option of Our Lady of Mercy School, a highly-rated elementary independent school with a 10/10 rating, located just 0.96 km from this property. For secondary education, St. Thomas More Collegiate is a close-by option, with a No Rating, situated just 0.8 km from this home.

According to the latest crime data from Statistics Canada (2020), our neighborhood has an overall crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. The rate is measured as the number of incidents per 100,000 population. Additionally, the neighborhood has seen a year-over-year decrease in crime rate of -11.13%. The drug crime rate is also Below Average, with a rating of 126.78 and 327 incidents in 2020. The property crime rate is Average, with a rating of 3,691.76 and 9,522 incidents in 2020. The violent crime rate is Low, with a rating of 893.28 and 2,304 incidents in 2020.

Our neighborhood is a vibrant and diverse community, with a high percentage of university-educated residents (33.6%), which is High compared to other BC neighborhoods. However, 12.9% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.

The median household income in this neighborhood is $69,427, which is Average compared to the British Columbia average. The median personal income is $29,472, which is Below Average compared to the BC average. A high percentage of households (79.9%) in this neighborhood have a mortgage, which is High.

We're conveniently located near the Westbound 14 Ave @ 15 St bus station, just 0.2 km away from this property. With a population density of 5,383.6 people per square kilometer, our neighborhood is a bustling hub of activity.

Our neighborhood is surrounded by a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll love the convenience and variety of amenities available just a short walk or drive from this property.

The average value of dwellings in this neighborhood is $581,353, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,588 per month on their dwellings. Tenants in the area are paying an average of $1,232 per month, which is Above Average compared to other cities.

• 32.7% of the population in this neighborhood are renters, which is Above Average compared to other BC cities and areas.
• The neighborhood has a Low percentage of French speakers (0.1%) and a Below Average percentage of English speakers only (88.3%).
• 38.2% of the population in this area use public transport, which is High, while 58% use cars, which is Low. 2.7% of the population walk, which is Below Average.

At 7240 16th Avenue, Burnaby, BC, MLS® R3023636, you'll find a unique blend of location, amenities, and lifestyle. Whether you're a first-time buyer, a growing family, or a seasoned investor, this property is sure to impress. Contact me today to schedule a viewing and make this incredible opportunity yours!