508 629 Cottonwood Ave, Coquitlam, BC, MLS^® R3070868

Welcome to 508 629 Cottonwood Avenue, Coquitlam, BC - A Charming Home in a Vibrant Community!

As we step into the heart of Coquitlam, you'll discover a home that's not just a place to live, but a gateway to a world of opportunities. Located at 508 629 Cottonwood Avenue, this beautiful home is nestled in a community that's rich in history, culture, and natural beauty.

Education: A Top Priority

When it comes to education, Mediated Learning Academy is just a stone's throw away from this home, with a perfect rating and a location that's 1.05 km from your doorstep. This highly-rated school is a testament to the community's commitment to providing top-notch education for its residents.

Safety First: Low Crime Rates in Our Community

According to the latest crime statistics from Statistics Canada (2020), our neighborhood boasts a crime rate of 5,163.13, which is significantly lower than the national average. This means you'll enjoy peace of mind knowing that you're living in a safe and secure community. Additionally, the rate of property crimes is also Below Average, with a rating of 2,738.96, indicating a low risk of property-related issues.

Demographics: A Thriving Community

Our community is a melting pot of cultures, with a diverse population that's proud to call Coquitlam home. With 26.8% of residents holding a university certificate or degree, this is Above Average compared to other BC neighborhoods. Moreover, the median household income is $58,453, which is Below Average, but the median personal income is $27,380, also Below Average, indicating a strong sense of community and a focus on family values.

Lifestyle Amenities: A Haven for Outdoor Enthusiasts

Just a short walk from your home, you'll find Westbound Foster Ave @ Fairview St bus station, making it easy to get around the city. Our neighborhood is also home to several parks, beaches, and trails, perfect for hiking, biking, or simply enjoying the great outdoors. You'll also find a variety of shopping malls, grocery stores, and restaurants nearby, catering to all your needs.

Real Estate Context: A Lucrative Investment

The average value of dwellings in our neighborhood is a staggering $831,557, making it a highly sought-after area for investors and homebuyers alike. With an average owner payment of $1,341 and an average tenant payment of $1,081, this is a solid investment opportunity that's sure to appreciate in value over time.

Transit: Convenient and Accessible

Getting around the city is a breeze, with public transportation options readily available. In fact, 31% of our community uses public transport, making it one of the highest in the region. You'll also find that 62.6% of residents use cars, while 1.3% use bicycles, and 4.1% walk, making our community a hub of activity and connectivity.

Additional Insights:

• Population density per square kilometer is 3,333, which is Above Average.
• Average family size is 2.9, which is Average.
• 64.5% of families have children, making it an ideal community for young families.
• 54.7% of residents are married or living common law, which is Below Average.

Invest in Your Future: 508 629 Cottonwood Avenue, Coquitlam, BC MLS^® R3070868

Don't miss out on this incredible opportunity to own a piece of Coquitlam's history. Contact me today to schedule a viewing and make this beautiful home your own!

MLS^® R3070868