7225 10th Ave, Burnaby, BC, MLS^® R3026944

Welcome to 7225 10th Avenue, a stunning property nestled in the heart of Burnaby, BC, with the listing MLS^® R3026944. As your trusted realtor, I'm excited to take you on a tour of this fantastic community, highlighting its top-notch amenities, convenient location, and exceptional lifestyle.

Education

Families love this area because of its excellent schools. Stride Avenue Community School is just a short 0.76 km from 7225 10th Avenue, offering a No Rating as per the latest data. However, nearby Byrne Creek Community School is only 0.56 km away, also with a No Rating. For parents seeking higher education, Our Lady of Mercy School, with a rating of 10/10, is a mere 0.74 km from this property. For secondary education, St. Thomas More Collegiate, with a No Rating, is a convenient 0.67 km away.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a Below Average crime rate of 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this is a reassuringly low rate, especially considering the -11.13% year-over-year decrease in total crime. The drug crime rate is also Below Average, with a rating of 126.78 and a 2.35% year-over-year increase. Property crimes are Average, with a rating of 3,691.76 and a -17.54% year-over-year decrease. The violent crime rate is Low, with 893.28 incidents and a -5.51% year-over-year decrease.

Lifestyle Amenities

Just down the road from 7225 10th Avenue, you'll find the Westbound 8th Ave @ 16 St bus station, conveniently located just 0.44 km away. This property is perfectly situated for easy commuting and exploring the city.

Demographics

The neighbourhood surrounding 7225 10th Avenue, Burnaby, BC, boasts a high percentage of residents with university certificates or degrees, at 33.6%, which is High compared to other BC neighbourhoods. In contrast, 12.9% of the population has no certificate or degree, which is Below Average. The median household income is $69,427, Average compared to the BC average. The median personal income is $29,472, Below Average, but the percentage of households with a mortgage is 79.9%, High in the region.

Unemployment and Growth

The unemployment rate in this area is a low 6.8%, Below Average compared to other province neighbourhoods. The population change between 2011 and 2016 was 22.4%, High compared to average growth rates in the region.

Community and Lifestyle

The average family size in this area is 2.9, Average compared to the whole region. 67.8% of families with children live in this neighbourhood, which is Above Average. The average age of the population is 36.8, Low compared to other BC cities. The average value of dwellings in this neighbourhood is $581,353, High compared to other areas in British Columbia.

Real Estate Context

As a real estate expert, I can tell you that the average owner payments are High in this area, with $1,588 spent on average for dwellings. Tenants are paying $1,232, Above Average compared to other cities. 32.7% of the population in this district are renters, Above Average compared to other BC cities and areas.

Transportation

A significant 38.2% of the population in this area uses public transport, which is High. In contrast, 58% use cars, Low in this area. Only 0.2% use bicycles, Low, and 2.7% walk, Below Average.

Language and Culture

The dominant language spoken in this area is English, with 88.3% of residents speaking only English, Below Average. French speakers make up a Low 0.1% of the population, and neither English nor French speakers are a High 7.8%.

Transit and Commuting

Conveniently, 7225 10th Avenue is located near major transit routes, making it easy to get around the city. With the Westbound 8th Ave @ 16 St bus station just 0.44 km away, you'll have easy access to public transportation.

In conclusion, 7225 10th Avenue, Burnaby, BC, with the listing MLS^® R3026944, is an exceptional property in a top-notch community. With its excellent schools, low crime rate, and convenient location, this property offers an exceptional lifestyle. Contact me today to schedule a viewing and make this property your dream home.

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