7758 Mcgregor Ave, Burnaby, BC, MLS® R3040837

Welcome to 7758 Mcgregor Avenue, a beautiful property nestled in the heart of Burnaby, BC - MLS® R3040837. As we walk through this stunning home, you'll discover a community that offers the perfect blend of tranquility and convenience. Let's start with the schools - a top priority for many families.

Nelson Elementary School, rated 6.8/10, is just a short 0.42 km walk from our property, making it an excellent choice for families with young children. This school is part of the Burnaby School District, known for its high-quality education. Just down the road, Burnaby South Secondary School, also within walking distance, offers a comprehensive education for students in grades 8-12.

But our community is not just great for families; it's also a haven for those seeking a safe and peaceful living environment. According to Statistics Canada's 2020 report, the crime rate in this neighborhood is Below Average compared to other Canadian cities, with a rate of 6,145.56 incidents per 100,000 population. The year-over-year change in crime rate is -11.13%, demonstrating a downward trend in crime in our area.

As we explore the demographics of our community, you'll notice that 32.4% of residents hold a university certificate or degree, ranking Above Average compared to other BC neighborhoods. The median household income in our area is $86,101, also Above Average compared to the provincial average. However, 13.3% of the population has no certificate or degree, which is Below Average compared to the BC average.

When it comes to transportation, our community is well-connected, with the Northbound Royal Oak Ave @ Neville St bus station just 0.12 km away from our property. This convenient access to public transportation makes it easy to get around the city without a car.

As we delve deeper into the characteristics of our community, you'll discover that 50.3% of households in our area have a mortgage, which is Below Average compared to other BC neighborhoods. The unemployment rate in our area is 5.2%, ranking Low compared to other provincial neighborhoods.

In terms of population growth, our community has experienced an above-average change of 5.6% between 2011 and 2016, making it an attractive area for investors and homebuyers alike. The population density per square kilometer in our area is 2,817.1 people, which is Above Average compared to other areas in British Columbia.

Let's take a look at the housing market in our area. The average value of dwellings in our neighborhood is $1,495,499, ranking High compared to other areas in British Columbia. The average owner payments in our area are High, with homeowners spending an average of $1,839 per month on their dwellings. Tenants are paying $1,253 per month, which is Above Average compared to other cities.

As for the breakdown of population, 20.2% of residents in our area are renters, ranking Average compared to other BC cities and areas. The percentage of English and French speakers in our area is 5.1%, which is Below Average. However, 87.4% of residents speak English only, which is Below Average. 7.4% of residents speak neither English nor French, which is High compared to other BC cities.

In terms of transportation, 21.5% of residents in our area use public transportation, ranking Above Average. 71.5% of residents use cars, which is Below Average. 1.5% of residents use bicycles, which is Above Average. Finally, 3.5% of residents walk, ranking Average.

In summary, 7758 Mcgregor Avenue, Burnaby, BC - MLS® R3040837, offers a unique blend of tranquility, convenience, and community spirit. Whether you're a family looking for a safe and peaceful environment or an investor seeking a high-growth area, our community has something for everyone. Come and experience it for yourself.