Developers and Investors - Great Medium Density Development Opportunity in COQUITLAM WEST - This RM-3 Multi-Storey medium density Development Opportunity / Land Assembly East of Lougheed Highway and North Road. The site falls within the core and shoulder area of Coquitlam's Transit-Oriented Development Strategy. The properties are located along major transit nodes in the Centre of Coquitlam, near the Evergreen SkyTrain. OCP allows for a Medium Density Development Site 7-8 Stories with an FSR of 2.45 or a 4-6 storey development with an FSR of 2.3. Please contact Listing agent for more information.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18'2 x 18'2 ft |
| Main Level | Kitchen | 14'3 x 14'3 ft |
| Main Level | Primary Bedroom | 14'3 x 14'3 ft |
| Main Level | Bedroom | 10'6 x 10'6 ft |
| Main Level | Bedroom | 11'4 x 11'4 ft |
| Main Level | Nook | 9'6 x 9'6 ft |
| Below | Bedroom | 13'2 x 13'2 ft |
| Below | Bedroom | 12'1 x 12'1 ft |
| Below | Bedroom | 9'2 x 9'2 ft |
| Below | Laundry | 5'8 x 5'8 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | No | #2 |
| Below | No | #4 |
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.
Private Schools
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Welcome to 701 Quadling Avenue in the heart of Coquitlam, BC. This stunning home is nestled in a vibrant community surrounded by excellent schools, safe neighborhoods, and a plethora of lifestyle amenities.
Let's start with the educational institutions in the area. Our Lady of Fatima School, a top-rated elementary school, is just a mere 0.33 km away from this beautiful property. With a rating of 8.9/10, families love this school because of its dedicated teachers and engaging curriculum. Coquitlam College, a secondary independent school, is also within walking distance, located 1.3 km from this home.
Now, let's talk about the safety of the neighborhood. According to the latest crime data from Statistics Canada (2020), the area surrounding 701 Quadling Avenue, Coquitlam, BC has a below-average crime rate of 5,163.13 incidents per 100,000 population. Compared to other Canadian cities, this is a remarkably safe area to call home. The year-over-year change in the total crime rate is a staggering -12.53%, indicating a steady decline in criminal activity.
When it comes to specific types of crime, the neighborhood surrounding MLS® R3021908 has an average rate of drug-related offenses, with a rating of 211.39 incidents per 100,000 population. However, this is a decrease of -6.89% from the previous year. Property crimes, on the other hand, are below average, with a rating of 2,738.96 incidents per 100,000 population, a decrease of -18.08% from the previous year. Violent crimes are also relatively low, with a rating of 825.29 incidents per 100,000 population, indicating a low-risk environment for residents.
As for transportation, the closest bus station is the Westbound Lougheed Hwy @ 600 Block, just 0.16 km away from this property. This convenient access to public transportation makes it easy to get around without a car.
Now, let's take a closer look at the demographics of the area. With 30.6% of the population holding a university certificate or degree, this neighborhood is above average in terms of educational attainment. On the other hand, 11.9% of the population has no certificate or degree, which is relatively low compared to the average in BC.
In terms of income, the median household income in this area is $54,683, which is below average compared to the BC average. However, the median personal income is $27,187, also below average. Nevertheless, 66.9% of households in this area have a mortgage, indicating a relatively high level of home ownership.
Unemployment rates in this area are also relatively low, with a rate of 5.8%, which is below average compared to other province neighborhoods.
This real estate listing, 701 Quadling Avenue, Coquitlam, BC MLS® R3021908, is located in the Coquitlam West neighborhood, where the population change between 2011 and 2016 was 0.7%, which is average compared to the average growth rate of this region.
In terms of population density, this area has a relatively high population density of 3,584.3 people per square kilometer, making it a vibrant and dynamic community.
The average size of families in this area is 2.8, which is below average compared to the whole region. However, 64.3% of families in this area have children, which is above average. Additionally, 50.8% of the population is married or living common law, which is below average.
The average age of the population in this area is 41.4, which is average compared to other BC cities.
In terms of real estate, the average value of dwellings in this neighborhood is $877,676, which is relatively high compared to other areas in British Columbia. Owner payments are also high in this area, with an average payment of $1,596 per month. Tenants, on the other hand, pay an average of $1,092 per month, which is above average compared to other cities.
Finally, 49% of the population in this area are renters, which is relatively high compared to other BC cities and areas.
This is an excellent opportunity to own a piece of property in a safe, vibrant, and dynamic community. Don't miss out on this chance to call 701 Quadling Avenue, Coquitlam, BC MLS® R3021908 your home!
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