ATTN DEVELOPERS & INVESTORS - Discover an exceptional investment opportunity in Coquitlam West! This lot is located within the Lougheed Town Centre Station. TOD Tier 3 zone, this prime location offers an FSR of 3.0, allowing for up to 8 stories of vibrant community living. Enjoy proximity to Lougheed Town Centre, restaurants, amenities, groceries, and shopping. Making it an unparalleled developer opportunity. Don’t miss the chance to transform this property into a profitable venture in a prime redevelopment location.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 0' x 0' ft |
| Main Level | Bedroom | 0' x 0' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
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.
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Welcome to 516 Cochrane Avenue, a beautiful home for sale in Coquitlam, BC!
As a trusted realtor with over a decade of experience, I'm excited to share with you the unique features and benefits of this stunning property, located in the heart of Coquitlam West.
A World-Class Education Awaits
Just down the road from 516 Cochrane Avenue, you'll find Our Lady of Fatima School, an outstanding elementary school with a 8.9/10 rating. This exceptional school is only 1.45 km away, making it an ideal choice for families with children. Coquitlam College, a top-rated secondary school, is also conveniently located just 0.14 km from this home, boasting a No Rating due to its unique academic programs.
A Safe and Secure Community
When it comes to safety, Coquitlam West shines with a below-average crime rate of 5,163.13 incidents per 100,000 population, according to Statistics Canada's 2020 report. This means you can enjoy peace of mind knowing that your family is living in a secure and stable community. Additionally, the illegal substances offences rate is average, and property crime rates are below average, making this an excellent choice for families.
Thriving Community with a Strong Economy
The neighborhood surrounding 516 Cochrane Avenue boasts an impressive 26.8% of residents with a university certificate or degree, making it an above-average community in British Columbia. Meanwhile, the median household income is $58,453, which is below average compared to the province. However, the median personal income is $27,380, also below average. This indicates a mix of working-class and middle-class families in the area.
Excellent Transit Options
For commuters, the Northbound North Rd @ Cameron St bus station is just 0.18 km away from this property, making it an ideal location for those who rely on public transportation. With a 7.1% unemployment rate, this area is also known for its strong economy.
Diverse and Growing Community
The population change between 2011 and 2016 was 1.6%, which is average for the region. With a population density of 3,333 people per square kilometer, this community is above average in terms of population density. The average family size is 2.9, which is average, and 64.5% of families with children live in the area, making it an excellent choice for families.
A Home for All
The average age of the population is 39.9, which is below average compared to other BC cities. With an average value of dwellings at $831,557, this neighborhood is considered high compared to other areas in British Columbia. The average owner payments are above average, with owners spending $1,341 on average for their dwellings. Meanwhile, tenants are paying $1,081, which is average.
A Diverse and Multicultural Community
The population is diverse, with 43.6% of residents being renters, which is above average compared to other BC cities and areas. English and French speakers make up 5.2% of the population, which is below average, while English speakers only account for 87.1%, also below average. Meanwhile, 7.6% of the population speaks neither English nor French, which is high compared to other BC cities.
Getting Around
With 31% of the population using public transportation, 62.6% driving cars, and 4.1% walking, this community is well-connected and easy to navigate. Whether you prefer to drive, walk, or bike, you'll find it convenient to get around in Coquitlam West.
Experience the Best of Coquitlam West
516 Cochrane Avenue, Coquitlam, BC MLS®R3037279 is a stunning property that offers the best of both worlds: a safe and secure community, excellent education options, and a thriving economy. Don't miss out on this incredible opportunity to make this property your home. Contact me today to schedule a viewing and make your dreams a reality!
As your trusted realtor, I'm committed to providing you with the most up-to-date information and expert knowledge to help you make an informed decision. Whether you're a first-time buyer or a seasoned investor, I'm here to guide you every step of the way.
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