7474 Cariboo Rd, Burnaby, BC, MLS® R2942584

Welcome to 7474 Cariboo Road, a charming residence nestled in the heart of Burnaby, BC. This beautiful property, listed as MLS® R2942584, offers a unique blend of comfort, convenience, and community spirit. As we walk through the neighborhood, let's explore the features that make this home truly special.

Just down the road from this stunning property, you'll find Armstrong Elementary School, rated 6.4/10, within a comfortable 0.6 km distance. Families love this area because of its excellent educational institutions, providing a solid foundation for young minds. Additionally, Cariboo Hill Secondary School, located 1.07 km away, offers a range of academic and extracurricular opportunities for students.

If you're looking for an independent school option, St. Michael's School, rated 9.9/10, is just 0.81 km away, providing a nurturing environment for students to thrive. For secondary independent school options, Carver Christian High School, rated No Rating, is conveniently located 0.63 km from this property.

According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts a below-average crime rate of 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this rate is significantly lower, indicating a safe and secure community. The year-over-year change in crime rate is a remarkable -11.13%, showcasing the area's commitment to maintaining a peaceful environment.

Breaking down the crime statistics, we see that the area around MLS® R2942584 has a below-average drug crime rate, with 126.78 incidents per 100,000 population. Property crimes are average, with 3,691.76 incidents per 100,000 population. However, the year-over-year change in property misconduct rate is a notable -17.54%. Violent crime rates are also low, with 893.28 incidents per 100,000 population, indicating a safe and secure community.

This property is situated near the Southbound Cariboo Rd @ 16 Ave bus station, just 0.09 km away, making it an ideal location for those who rely on public transportation. The neighborhood offers a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops, ensuring that residents have everything they need within easy reach.

According to the latest census data, 32.8% of the population in this neighborhood holds a university certificate or degree, which is significantly higher than the average in BC. Conversely, 12.6% of the population has no certificate or degree, indicating a diverse range of educational backgrounds.

The median household income in this area is $90,766, which is above average compared to other BC neighborhoods. However, the median personal income is $32,448, which is average. The percentage of households with a mortgage is 55.5%, which is below average.

The unemployment rate in this area is 5.7%, which is below average compared to other province neighborhoods. The population change between 2011 and 2016 was 4.5%, which is above average compared to the region.

The population density per square kilometer is 1,592.4, which is average. The average size of families in this area is 3.1, which is above average. A high percentage of families with children (73%) and a relatively average percentage of married or living common law individuals (57.8%) contribute to a family-friendly atmosphere.

The average value of dwellings in this neighborhood is $1,097,982, which is high compared to other areas in British Columbia. The average owner payments are high, with $1,709 spent on dwellings. Tenants also pay above-average rates, with $1,261 spent on rent.

A significant percentage of the population (27.4%) are renters, which is average compared to other BC cities and areas. The language spoken by residents is predominantly English, with 89.5% of residents speaking only English. French speakers make up a small percentage, while neither English nor French speakers account for a notable 4%.

A significant percentage of the population (21%) use public transportation, which is above average. However, a higher percentage of residents (73.3%) rely on cars, which is below average. A small percentage of residents (0.9%) use bicycles, while 3.5% walk, both of which are average.

In conclusion, 7474 Cariboo Road, Burnaby, BC, MLS® R2942584, offers a unique blend of comfort, convenience, and community spirit. With its