3307 Coy Ave, Coquitlam, BC, MLS^® R2952036

Welcome to the heart of Coquitlam, where the charm of Burke Mountain meets the convenience of modern living. As we walk through the community surrounding 3307 Coy Avenue, you'll find that this home for sale is nestled in a vibrant neighborhood with a unique blend of amenities and attractions.

Let's start with the excellent schools in the area. For families with kids, you'll be pleased to know that British Columbia Christian Academy is just a 3.2-kilometer drive from this home, boasting a rating of 6.6/10. This esteemed institution offers a well-rounded education that's highly valued by families in the community.

In terms of crime rates, Coquitlam is considered a safe city, with a below-average overall crime rate of 5,163.13 per 100,000 population in 2020, according to Statistics Canada. Specifically, the area around 3307 Coy Avenue has seen a year-over-year decrease in crime rates, with a -12.53% drop in total crime rates. This translates to a more peaceful environment for homeowners and residents alike.

As for property-related crimes, you'll be reassured to know that the rates in this neighborhood are also below average, with a rating of 2,738.96 and 4,185 incidents in 2020. Furthermore, the violent crime rate in Coquitlam is remarkably low, standing at 825.29 incidents per 100,000 population, making it an extremely safe place to live.

Now, let's talk about the demographics of this vibrant community. According to the 2020 census, approximately 37.4% of residents in this area hold a university certificate or degree, which is a testament to the high level of education and expertise in the neighborhood. On the other hand, only 10.6% of the population here has no certificate or degree, making it an attractive area for professionals and families.

In terms of household income, the median household income in this area is a respectable $111,403, which is significantly higher than the average in British Columbia. Moreover, the median personal income is $40,269, which is also above average in the province. This suggests that the community is economically stable and offers a high standard of living.

As we explore the neighborhood further, you'll notice that the unemployment rate in this area is a low 5.4%, making it an ideal location for job seekers and established professionals alike. The population growth rate between 2011 and 2016 was an impressive 114.1%, which is higher than the average growth rate in the region. This indicates that the area is attractive to new residents and families.

The average family size in the area surrounding 3307 Coy Avenue is 3.1, which is above average in the region. Furthermore, 75.7% of families in this area have children, making it an excellent choice for families with young kids. The percentage of married or living common-law couples is also high, standing at 71%.

In terms of age, the average age of the population in this area is 34.7 years, which is lower than the average in other BC cities. This makes it an attractive area for young professionals and families who are just starting to build their lives.

Now, let's talk about the housing market in this area. The average value of dwellings in this neighborhood is a substantial $1,043,964, which is higher than the average in other areas of British Columbia. This suggests that the property values in this area hold their value well over time.

As for the owner-occupancy rates, the average owner payments in this area are high, with homeowners spending an average of $2,139 per month. On the other hand, tenants in this area are paying an average of $1,567 per month, which is also higher than the average in other cities.

The rental market in this area is relatively low, with only 10.5% of the population renting their homes. This suggests that the area is attractive to homeowners who are looking for a stable and long-term investment.

Lastly, let's talk about transportation in this area. The closest bus station is the Southbound Coast Meridian Rd @ Princeton Ave, which is just a 1.04-kilometer walk from this home. While the percentage of people using public transport is average, the majority of residents in this area (86.7%) use cars to get around, which is average in the region.

In conclusion, the community surrounding 3307 Coy Avenue is a vibrant and attractive area that offers a unique blend of amenities and attractions. With excellent schools, low crime rates, high levels of education, and a strong economy, this area is an ideal choice for families, professionals, and young couples alike.

As your trusted realtor, I'm excited to show you around this beautiful home and help you make informed decisions about your next property purchase