Exceptional development opportunity in Burnaby’s desirable Royal Oak Urban Village! This 66 x 102 ft (6,732 SF), south-facing corner lot is just one block from Royal Oak SkyTrain Station, offering excellent exposure and transit access. Zoned M4 Special Industrial, it supports various light industrial uses and is designated for Medium Density Mixed Use 12 storeys mid-rise under the Royal Oak Community Plan. Contact Listing Agents for further details.
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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Welcome to 5507 Dorset Street, a Hidden Gem in Burnaby, BC
As we step into the vibrant community of Burnaby, BC, you'll be charmed by the amenities and charm of 5507 Dorset Street, a stunning residence with listing MLS(R) R2997235. Let's take a tour of the neighborhood and explore what makes this area so special.
Education at the Heart of the Community
Maywood Community School, a highly-rated institution with a 4.5/10 rating, is just a 1.12 km stroll from 5507 Dorset Street, Burnaby, BC. Families love this area because of the excellent educational opportunities. Additionally, Burnaby South Secondary School, with a No Rating, is a mere 0.55 km away, offering a supportive learning environment for students.
Independent Schools for a Personalized Education
For those seeking a more unique educational experience, St. Francis de Sales, an independent elementary school with a stellar 9/10 rating, is just 1.33 km from 5507 Dorset Street, Burnaby, BC. Deer Lake School, a secondary independent school with No Rating, is a 2.28 km walk, providing a comprehensive education in a nurturing environment.
A Safe and Secure Community
The most recent crime data from Statistics Canada (2020) reveals a Below Average crime rate in the neighborhood around 5507 Dorset Street, Burnaby, BC, with 6,145.56 incidents per 100,000 population. The rate is significantly lower than the national average, providing peace of mind for residents.
Demographics and Lifestyle
According to data, 33.6% of residents in this neighborhood have a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 12.7% of the population has no higher education, which is Below Average. The median household income is $55,723, which is Below Average, while the median personal income is $27,840, also Below Average.
Thriving Metropolis with Easy Access to Amenities
Located in the heart of Metrotown, 5507 Dorset Street, Burnaby, BC, offers unparalleled access to shopping, dining, and entertainment. The nearby Metrotown Mall is a shopper's paradise, while the SkyTrain and bus routes provide convenient transportation options.
Community and Lifestyle Amenities
This charming neighborhood boasts a range of amenities, including:
Real Estate and Economic Context
The average dwelling value in this neighborhood is $536,746, which is Above Average compared to other areas in British Columbia. The average owner payments are also Above Average, with $1,451 spent on average for the dwelling. Tenants pay $1,135, also Above Average. Furthermore, 36.6% of the population are renters, which is Above Average compared to other BC cities.
Getting Around
The neighborhood is well-connected, with 34.6% of residents using public transport, 59.2% driving, 0.5% using bicycles, and 5.1% walking.
Experience the Best of Burnaby
At 5507 Dorset Street, Burnaby, BC, MLS(R) R2997235, you'll find a vibrant community that offers the perfect blend of education, security, and lifestyle amenities. Don't miss out on this incredible opportunity to own a piece of this thriving metropolis. Contact me today to schedule a viewing!
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