525 Appian Way, Coquitlam, BC | MLS^® R3059411 Property Details

Highly desirable INVESTMENT opportunity with high-density development potential (CD-RM5) in the heart of Burquitlam. Situated on a large 8,832 SQFT lot, this renovated home w/ ample living space on two levels provides an exemplary opportunity for strong holding income, as this property will be easily tenanted. The property features a private backyard, a large covered sundeck, renovated living spaces, kitchen, and bathrooms. Suite downstairs w/ separate kitchen and laundry. Located in close proximity to all amenities (commercial, SkyTrain/transportation, schools, parks, golf course, etc.). Buyer has the opportunity to join an active land assembly, don't miss this incredible investment opportunity with holding income. Priced $249,000.00 under BC Assessment.

General Info

Price $2,350,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 2120

Lot Size 8832

Lot Size Depth Feet

Lot Size Frontage 63.5

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1960

Age Of Building 65

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3059411

Area Coquitlam

Neighbourhood Coquitlam West

City Coquitlam

Gross Taxes $8,068.81

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 2

Heating Type Forced Air, Natural Gas, Wood

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single, RV Access/Parking, Front Access, Asphalt

Total Parking Spaces 5

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Strata Restrictions -

Rental Restrictions -

Zoning RES

Rental Suites None

# of Kitchens 2

Flooring Hardwood, Laminate, Tile

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Private Yard

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Metal

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'10 x 17'10 ft
Main Level	Dining Room	8'1 x 8'1 ft
Main Level	Kitchen	17' x 17' ft
Main Level	Primary Bedroom	12'9 x 12'9 ft
Main Level	Bedroom	10'7 x 10'7 ft
Main Level	Patio	12'9 x 12'9 ft
Below	Family Room	13'1 x 13'1 ft
Below	Dining Room	19' x 19' ft
Below	Kitchen	7'5 x 7'5 ft
Below	Bedroom	13' x 13' ft
Below	Flex Room	10'4 x 10'4 ft

Listed by: London Pacific & London Pacific

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.

Neighborhood Info

Private Schools

Elementary

Our Lady of Fatima School

1.54 km

Secondary

Coquitlam College

0.28 km

Closest Transit

Translink

Northbound North Rd @ Cameron St

0.14 km

Skytrain

Skytrain @ Lougheed Town Centre Station

0.66 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 525 Appian Way, Coquitlam, BC - A Charming Community

As we step into the vibrant neighborhood of Coquitlam West, you'll discover a charming community that offers the perfect blend of tranquility and accessibility. The beautiful home for sale at 525 Appian Way is surrounded by top-notch amenities, making it an ideal choice for families and individuals alike.

Excellent Education Options

For families with children, we're delighted to report that Our Lady of Fatima School, an Elementary independent school with a rating of 8.9/10, is conveniently located just 1.54 km from this stunning property. This esteemed institution provides a nurturing environment for young minds to grow and thrive.

For Secondary education, Coquitlam College, with a rating of No Rating, is merely 0.28 km away, offering students access to a world-class education.

A Safe and Welcoming Community

According to Statistics Canada's 2020 report, the area surrounding 525 Appian Way, Coquitlam, BC boasts a Below Average crime rate, ensuring that residents can enjoy their homes and community with peace of mind. The overall crime rate of 5,163.13 incidents per 100,000 population is significantly lower than the national average.

Thriving Neighborhood with Diverse Residents

Our community proudly boasts a diverse population, with 26.8% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 13.2% of the population has no certificate or degree, which is Below Average compared to the provincial average.

Economic Insights

The median household income in our neighborhood is $58,453, which is Below Average compared to the British Columbia average. However, the median personal income is $27,380, also Below Average compared to the BC average. With 52.6% of households having a mortgage, our community is Below Average in terms of homeownership.

Transportation and Commuting

The neighborhood around 525 Appian Way, Coquitlam, BC is well-connected, with the Northbound North Rd @ Cameron St bus station just 0.14 km away. Unemployment rates in our area are 7.1%, which is Below Average compared to other province neighborhoods.

Growing Community

Our community has experienced a population change of 1.6% between 2011 and 2016, which is Average compared to the regional average growth rate. With a population density of 3,333 people per square kilometer, our neighborhood is Above Average in terms of population density.

Family-Friendly

The average family size in our area is 2.9, which is Average compared to the regional average. However, 64.5% of families in our neighborhood have children, which is Above Average. Married or living common-law couples make up 54.7% of our population, which is Below Average.

Aging Population

The average age of our population is 39.9, which is Below Average compared to other BC cities.

Affordable Luxury

With an average dwelling value of $831,557, our neighborhood is High compared to other areas in British Columbia. The average owner payments are Above Average, with homeowners spending $1,341 on their dwellings. Tenants are paying $1,081 on average, which is Average compared to other cities.

Renters Welcome

43.6% of our population are renters, which is Above Average compared to other BC cities and areas.

Language Diversity

Our community is predominantly English-speaking, with 87.1% of residents speaking only English. However, 7.6% of our population speaks neither English nor French, which is High compared to other BC cities.

Getting Around

With 31% of our population using public transportation, our neighborhood is High in terms of transportation usage. Conversely, 62.6% of our residents use cars, which is Low. 1.3% of our population uses bicycles, which is Average, and 4.1% of our residents walk, also Average.

MLS^® R3059411 - A Rare Opportunity

Don't miss this rare opportunity to own a piece of paradise at 525 Appian Way, Coquitlam, BC. With its excellent education options, safe and welcoming community, and diverse residents, this property is sure to impress even the most discerning buyer. Contact me today to schedule a viewing and make this stunning home yours!