7498 Cariboo Rd, Burnaby, BC, MLS® R2942897

Welcome to 7498 Cariboo Road, a beautiful property located in the heart of Burnaby, BC. As your trusted realtor, I'm happy to take you on a tour of this stunning home and its surrounding community.

Our top priority for families is quality education, and I'm pleased to report that 7498 Cariboo Road is serviced by the excellent Armstrong Elementary School. With a rating of 6.4/10, this school is a great choice for families who value a strong education. The school is conveniently located just 0.54 km from the property, making it an easy commute for kids. Additionally, Cariboo Hill Secondary School is also nearby, with a rating of No Rating. For those seeking an independent education, St. Michaels School is a short 0.76 km away, boasting a impressive rating of 9.9/10. Carver Christian High School, another independent option, is just 0.58 km from the property.

Safety is a top concern for any family, and I'm happy to report that the crime rate in this neighborhood is below average compared to other Canadian cities. According to Statistics Canada's 2020 report, the overall crime rate near 7498 Cariboo Road is 6,145.56, with a rate of incidents per 100,000 population. The year-over-year change in the total crime rate is a impressive -11.13%. While there were 15,851 violations in the neighborhood, the rate is considered below average. Specifically, 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 9,522 incidents in 2020.

This neighborhood is a popular choice for families and young professionals alike, with 32.8% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. Conversely, 12.6% of the population has no certificate or degree, which is below average. The median household income is $90,766, above average compared to British Columbia. The median personal income is $32,448, which is average. Interestingly, 55.5% of households in this census subdivision have a mortgage, which is below average.

Convenience is key when it comes to daily commutes, and 7498 Cariboo Road is located near several public transportation options. The closest bus station is Southbound Cariboo Rd @ 16 Ave, just 0.07 km away. For those who prefer to drive, the property is close to major highways.

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. 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 also high, at $1,709 per month. Tenants pay an average of $1,261 per month, which is above average.

The real estate market in this area is thriving, with 27.4% of the population renting and 73% of families with children. The average size of families in this area is 3.1, which is above average. The population density per square kilometer is 1,592.4, which is average. The average age of the population is 40.5, which is average compared to other BC cities.

As your trusted realtor, I'm happy to provide you with more information about this lovely property and its surrounding community. Contact me today to schedule a viewing and make 7498 Cariboo Road your dream home! This home can be found at 7498 Cariboo Road, Burnaby, BC, with MLS listing R2942897.