8187 Forest Grove Dr, Burnaby, BC, MLS^® R3051838

Welcome to 8187 Forest Grove Drive, a stunning property nestled in the heart of Burnaby, BC

As we step into this beautiful home, you'll notice its prime location in the Forest Hills neighborhood. With its proximity to excellent schools, low crime rate, and abundance of lifestyle amenities, this property is sure to impress even the most discerning buyer.

Education

Our neighborhood is served by the highly-rated Forest Grove Elementary School, located just 0.61 km from 8187 Forest Grove Drive. With a rating of 6.4/10, this school is a top choice for families in the area. Additionally, we're also close to Burnaby Mountain Secondary School, rated No Rating, which is located 1.55 km from the property.

For independent school enthusiasts, Mediated Learning Academy is our closest Elementary school, with a rating of No Rating, located 2.57 km from the property. Similarly, the closest Secondary independent school, also Mediated Learning Academy, is located 2.57 km from the property.

Safety

With a crime rate of 6,145.56 per 100,000 population, our neighborhood is considered Below Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 15,851 disturbance incidents in the area, which is a testament to the community's commitment to safety. Furthermore, the drug crime rate is also Below Average, with a rating of 126.78 and 327 incidents in 2020.

Demographics

Our neighborhood boasts a diverse population, with 36.8% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. Additionally, 7.4% of the population has no certificate or degree, which is Low compared to the average in BC.

With a median household income of $71,834, our neighborhood is considered Average compared to other British Columbia neighborhoods. Meanwhile, the median personal income is $29,798, which is Below Average compared to the BC average. Notably, 63% of households in the area have a mortgage, which is Above Average.

Transit

We're conveniently located near the Eastbound Forest Grove Dr @ Underhill Ave bus station, just 0.01 km away from the property. With a population density of 637.5 people per square kilometer, our neighborhood is Average in terms of population density.

Lifestyle Amenities

Our neighborhood is surrounded by an array of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. With an average dwelling value of $793,873, our neighborhood is considered High compared to other areas in British Columbia.

Real Estate Context

As we explore the real estate context of the area, we notice that 45.1% of the population are renters, which is Above Average compared to other BC cities and areas. Meanwhile, 54.1% of the population are married or living common law, which is Below Average.

With an average owner payment of $1,562 and an average tenant payment of $1,393, our neighborhood is considered High in terms of housing costs. Notably, 23.2% of the population uses public transport, which is Above Average, while 65% of the population uses cars, which is Low.

Unemployment Rate

With an unemployment rate of 8.3%, our neighborhood is considered Average compared to other province neighborhoods.

Population Growth

Between 2011 and 2016, our neighborhood experienced a population growth of 4.4%, which is Above Average compared to the average growth rate of the region.

Language

With 8.3% of the population speaking both English and French, our neighborhood is Average in terms of language diversity. Meanwhile, 88.6% of the population speaks only English, which is Below Average, and 0.1% speaks only French, which is Low.

Transportation

Our neighborhood is well-connected, with 65% of the population using cars, 23.2% using public transport, 9.5% walking, and 1.3% using bicycles.

Conclusion

Located at 8187 Forest Grove Drive, Burnaby, BC, this stunning property offers the perfect blend of education, safety, and lifestyle amenities. With its prime location, low crime rate, and abundance of amenities, this property is sure to impress even the most discerning buyer. Don't miss out on this opportunity to own a piece of paradise in the heart of Burnaby, BC.

MLS^® R3051838