702 8750 University Cres, Burnaby, BC, MLS^® R3069134

Welcome to 702 8750 University Crescent, a stunning property in the heart of Burnaby, BC!

Schools:

Located in a top-rated school district, this property is serviced by University Highlands Elementary School, just a short 0.26 km away. With a rating of 7.1/10, families love this area because of the excellent education system. Plus, Burnaby Mountain Secondary School is only 2.77 km away, offering students a well-rounded and engaging learning experience.

Safety and Crime Rates:

According to Statistics Canada's 2020 report, this neighbourhood has below-average crime rates compared to other Canadian cities. With a crime rate of 6,145.56, you can enjoy peace of mind knowing that your family is living in a safe and secure environment. Year-over-year, the crime rate has decreased by 11.13%, making this a great choice for families.

Demographics and Lifestyle:

This property is nestled in a vibrant community with a diverse population. With 36.8% of residents holding a university certificate or degree, this area is known for its high level of education. Additionally, 7.4% of residents have no certificate or degree, making it an inclusive and supportive community. The median household income is $71,834, which is average compared to other BC neighbourhoods.

Transit and Commuting:

Convenience is key when it comes to transportation. This property is just 0.21 km away from the SFU Transit Exchange @ Bay 4, making it easy to get around Burnaby and beyond. With a short commute, you'll have more time to enjoy the amenities this amazing city has to offer.

Lifestyle Amenities:

This area is surrounded by top-notch amenities, including:

• Parks: Enjoy nature walks and outdoor activities in the nearby parks and green spaces.
• Beaches: Soak up the sun and enjoy the scenic views at the nearby beaches.
• Trails: Explore the many hiking and biking trails that crisscross the area.
• Shopping: Visit the local shopping malls and boutiques for a unique shopping experience.
• Restaurants: Savor the flavors of the world at the many restaurants and cafes in the area.
• Hospitals: Nearby hospitals and medical facilities provide top-notch healthcare services.

Real Estate Context:

With an average dwelling value of $793,873, this area is known for its high-end properties. 63% of households in the area own their homes, making it a desirable place to put down roots. The average owner payments are above average, with homeowners spending $1,562 on their properties. Tenants, on the other hand, pay $1,393, which is also above average compared to other cities.

Additional Insights:

• Population growth: The area has seen an above-average population growth rate of 4.4% between 2011 and 2016.
• Unemployment rate: The area has an average unemployment rate of 8.3%, which is comparable to other BC neighbourhoods.
• Public transportation: 23.2% of the population uses public transportation, making it an eco-friendly and convenient option.

Why this property stands out:

Located at 702 8750 University Crescent, Burnaby, BC, this property is a rare find in a highly sought-after area. With its excellent schools, below-average crime rates, and convenient location, this home is perfect for families, couples, and individuals looking for a safe and secure place to call home. Don't miss out on this opportunity to own a piece of Burnaby's vibrant community!

MLS^® R3069134

This property is listed for sale with MLS^® R3069134, making it easy to find and purchase. Contact me today to schedule a viewing and make this amazing property yours!