702 5885 Olive Ave, Burnaby, BC, MLS^® R3063504

Imagine yourself walking a client through the vibrant community surrounding 702 5885 Olive Avenue, Burnaby, BC, and MLS^® R3063504. As we stroll through the charming streets, I'll share with you the unique features that make this neighborhood a perfect blend of convenience, comfort, and community spirit.

### Schools

As we make our way to Chaffey-Burke Elementary School, located just 0.46 km from 702 5885 Olive Avenue, you'll notice the school's impressive rating of 7.2/10. Families love this area because of its excellent educational institutions, and Chaffey-Burke Elementary is no exception. Not only is it close to home, but it also offers a nurturing environment that fosters academic excellence and personal growth.

Just down the road, you'll find Burnaby South Secondary School, rated No Rating, which is approximately 2.54 km from 702 5885 Olive Avenue. While the rating may not be available, its proximity to the neighborhood and commitment to providing quality education make it an attractive option for families.

### Crime

As we explore the neighborhood, you'll be pleased to know that the crime rate around 702 5885 Olive Avenue, Burnaby, BC, is Below Average compared to other Canadian cities. According to Statistics Canada's 2020 report, the overall crime rate in this area is 6,145.56, which is a testament to the community's safety and security. Additionally, the drug crime rate is also Below Average, with a rating of 126.78, and the property crimes are Average, with a rating of 3,691.76.

### Demographics

As we delve into the demographics of the area, you'll notice that 41.1% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 8.3% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this area is $47,531, which is Low compared to the British Columbia average. However, the median personal income is $23,644, also Low compared to the BC average. The percentage of households with a mortgage is 38.9%, which is Low, but the unemployment rate is 8.7%, which is Average.

### Transit

Convenience is just a stone's throw away when it comes to public transportation. The closest bus station, Westbound Kingsway @ Barker Ave, is just 0.07 km away from 702 5885 Olive Avenue, making it an ideal location for commuters.

### Lifestyle Amenities

As we explore the neighborhood, you'll find a variety of lifestyle amenities that cater to different interests. The nearby Metrotown area offers a range of shopping options, from high-end boutiques to affordable department stores. You'll also find a variety of restaurants, cafes, and eateries that serve a diverse range of cuisines.

For outdoor enthusiasts, the neighborhood is surrounded by parks and green spaces, including the popular Burnaby Lake Regional Park. This park offers hiking trails, picnic areas, and plenty of opportunities for birdwatching and wildlife spotting.

### Real Estate Context

The average value of dwellings in this neighborhood is $523,380, which is Above Average compared to other areas in British Columbia. The average owner payments are Below Average, with owners spending an average of $1,037 for their dwellings. On the other hand, tenants are paying $1,255, which is Above Average.

### Conclusion

As we conclude our tour of 702 5885 Olive Avenue, Burnaby, BC, MLS^® R3063504, you'll see that this neighborhood offers a unique blend of convenience, comfort, and community spirit. From its excellent educational institutions to its safe and secure environment, this area is perfect for families and individuals looking for a place to call home. Whether you're a first-time buyer or a seasoned investor, I highly recommend considering 702 5885 Olive Avenue, Burnaby, BC, MLS^® R3063504, as your next real estate investment.