303 5688 Hastings St, Burnaby, BC, MLS^® R3059503

Welcome to 303 5688 Hastings Street, a stunning property in the heart of Burnaby, BC!

As we step into this beautiful home, I'd like to take a moment to talk about the fantastic schools in the area.

Capitol Hill Elementary School

Just down the road, you'll find

Burnaby North Secondary School

For parents looking for an independent school option,

Holy Cross Elementary School

Lions Gate Christian Academy

Now, let's talk about the safety of this neighborhood. According to the latest crime statistics from Statistics Canada (2020), this area has a below-average crime rate of 6,145.56 incidents per 100,000 population. In fact, the year-to-year change in the total crime rate is a remarkable -11.13%. When it comes to drug crime, the rating is also below average, with a mere 126.78 incidents per 100,000 population.

In terms of property crimes, this neighborhood has an average rating of 3,691.76 incidents per 100,000 population. And when it comes to violent crimes, the rate is an impressively low 893.28 incidents per 100,000 population.

Getting around is also a breeze, thanks to the proximity of this property to public transportation. The closest bus station is Southbound Holdom Ave @ Hastings St, just 0 km away from this property with MLS^® R3059503.

Now, let's take a look at the demographics of this neighborhood. With 29.2% of the population holding a university certificate or degree, this area is above average in terms of educational attainment. In fact, 13.6% of the population in this neighborhood has no certificate or degree, which is below average compared to the rest of BC.

In terms of income, the median household income in this neighborhood is a respectable $79,342, which is above average compared to the rest of BC. The median personal income is $29,447, which is below average, however. And when it comes to mortgage rates, a relatively low 43% of households in this area have a mortgage, indicating a mix of homeowners and renters.

As for employment rates, the unemployment rate in this area is a low 5.8%, which is below average compared to other neighborhoods in BC.

This property is situated in the vibrant Capitol Hill BN neighborhood, where the population has been growing steadily. In fact, the population change between 2011 and 2016 was a mere -0.5%, which is below average compared to the rest of the region.

In terms of population density, this area has an impressive 3,055.4 people per square kilometer, which is above average. And with an average family size of 3, this neighborhood is also above average in terms of family size.

As for the types of families living in this area, a high 70.1% of them have children, which is a great indicator of a family-friendly community. And with an average age of 41.5, this neighborhood is home to a diverse range of families.

Now, let's talk about the real estate market in this area. With an average value of $1,527,997, this neighborhood is one of the more expensive areas in Burnaby, BC. However, the average owner payments of $1,506 are above average, indicating that homeowners in this area are willing to pay a premium for their properties.

In terms of rent, tenants in this area are paying an average of $1,344, which is high compared to other cities in BC.

Finally, let's take a look at the types of languages spoken in this area. With 6.2% of the population speaking neither English nor French, this neighborhood is relatively diverse in terms of language spoken. However, 87.4% of the population speaks only English, which is below average compared to other areas in BC.

• *In conclusion, 303 5688 Hastings Street, Burnaby, BC (MLS^® R3059503) is a fantastic property in a desirable neighborhood with excellent schools, low crime rates, and a diverse range of families. Whether you're a first-time buyer or a seasoned investor, this property is definitely worth considering. Contact me today to schedule