1422 Magnolia Pl, Coquitlam, BC, MLS^® R3066080

Let's take a walk through the charming community surrounding 1422 Magnolia Place in Coquitlam, BC, a stunning property listed as MLS^® R3066080.

As we stroll through the neighborhood, we'll notice the proximity to excellent educational institutions. For families, Canyon Springs Montessori Elementary School is just 1.75 km away, offering a unique and nurturing learning environment. While it doesn't have a formal rating, this school provides a wonderful foundation for young minds.

Just down the road, you'll find Hope Lutheran Christian School, a highly rated Secondary school with a 7.9/10 rating, located 5.09 km from 1422 Magnolia Place. This school's excellent reputation is just one of the many reasons families love this area.

Now, let's talk about the safety and security of the neighborhood. According to the latest crime data from Statistics Canada (2020), this community has a Below Average crime rate of 5,163.13 incidents per 100,000 population, which is reassuring for residents. The overall crime rate has even seen a decline of 12.53% over the years.

In terms of property crimes, this neighborhood is also Below Average, with a rating of 2,738.96 incidents per 100,000 population. This is wonderful news for homeowners and families who value peace of mind.

The area surrounding 1422 Magnolia Place, MLS^® R3066080, also boasts a Low rate of violent crime, with 825.29 incidents per 100,000 population in 2020. This makes it one of the safest neighborhoods in the region.

Now, let's explore the community's demographics. You'll find that 28.7% of residents in this neighborhood have a university certificate or degree, which is Above Average compared to other BC neighborhoods. This suggests a highly educated and driven community. On the other hand, 11.8% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in this neighborhood is $94,771, which is High compared to the British Columbia average. Meanwhile, the median personal income is $36,661, which is Above Average. Furthermore, 63.3% of households in the area have a mortgage, which is Above Average.

The unemployment rate in this region is 6.6%, which is Below Average compared to other provinces. This suggests a strong and stable economy.

As we continue our tour, you'll notice that the population in this area has seen a modest growth of 0.7% between 2011 and 2016, which is Average compared to the region's average growth rate. The population density per square kilometer is 2,785.7, which is Above Average.

The average family size in this neighborhood is 3, which is Above Average. Additionally, 68.8% of families in the area have children, which is Above Average. The percentage of married or living common-law couples is 63.9%, which is also Above Average.

The average age of the population in this area is 39.9, which is Below Average compared to other BC cities. This suggests a youthful and vibrant community.

Now, let's talk about the real estate market. The average value of dwellings in this neighborhood is $837,378, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending $1,595 on average for their dwellings. Tenants, on the other hand, pay $1,389 on average, which is also High.

Finally, 20.3% of the population in this area are renters, which is Average compared to other BC cities and areas. The language spoken at home is primarily English (90.2%), with a small percentage of French speakers (6.2%) and Neither English nor French speakers (3.5%).

As we conclude our tour of the community surrounding 1422 Magnolia Place, MLS^® R3066080, I hope you've gained a deeper appreciation for this charming neighborhood in Coquitlam, BC. From excellent schools to a safe and secure environment, this area has it all. Whether you're a families, professionals, or retirees, this community offers a wonderful quality of life.