806 720 Farrow St, Coquitlam, BC, MLS^® R3058002

Welcome to Coquitlam West: A Vibrant Community Awaits at 806 720 Farrow Street

As we step into the charming neighborhood of Coquitlam West, I invite you to experience the perfect blend of tranquility and excitement at 806 720 Farrow Street, proudly listed as MLS^® R3058002. This exceptional property is nestled within a diverse and dynamic community, where families thrive, and residents enjoy a high quality of life.

Education: A Strong Foundation

We're fortunate to have Mediated Learning Academy, a top-notch elementary school, located just 0.64 km from our featured property. With a rating of No Rating, families appreciate the school's dedication to providing a well-rounded education. For secondary education, Mediated Learning Academy is also the closest option, offering a comprehensive curriculum that prepares students for success.

Safety First: A Low Crime Rate

The freshest crime data from Statistics Canada (2020) reveals a Below Average crime rate near 806 720 Farrow Street, Coquitlam, BC, with 5,163.13 incidents per 100,000 population. This statistic is reassuring, providing peace of mind for residents and families. In fact, the year-by-year change in the total crime rate is a respectable -12.53%. For drug-related offenses, the rating is Average, with 211.39 incidents per 100,000 population, and a -6.89% change in the ranking. Property crimes in the area are also Below Average, with a rating of 2,738.96 and a -18.08% change in the property misconduct rate.

Convenience and Accessibility

Located in the heart of Coquitlam West, our property offers seamless connectivity to the city's public transportation system. The closest bus station, Eastbound Como Lake Ave @ North Rd, is a mere 0.14 km away, making it effortless to commute to work, school, or explore the city's attractions.

Demographics: A Thriving Community

The neighborhood surrounding 806 720 Farrow Street, Coquitlam, BC, boasts a diverse population. Notably, 29.3% of residents hold a university certificate or degree, placing this area Above Average compared to other BC neighborhoods. Conversely, 13.3% of the population have no certificate or degree, which is Below Average in comparison. The median household income is $69,171, Average in comparison to the British Columbia average. Meanwhile, the median personal income is $31,442, which is Below Average.

Unemployment and Growth

The unemployment rate in the area is 6.5%, Below Average compared to other provinces. The population growth between 2011 and 2016 was 14%, a respectable rate, particularly considering the average growth rate of this region. The population density per square kilometer is 3,693, which is High.

Family-Friendly and Age-Appropriate

The average family size in the area is 2.9, Average in comparison to the whole region. Notably, 64.6% of families with children reside in the neighborhood, placing it Above Average. The average age of the population is 39.2, which is Below Average in comparison to other BC cities.

Real Estate Insights

The average value of dwellings in the neighborhood is $889,162, High compared to other areas in British Columbia. Average owner payments are Above Average, with $1,522 spent on the dwelling. Tenants pay $1,197, also Above Average. The percentage of renters in the area is 36.3%, Above Average in comparison to other BC cities and areas.

Language and Transportation

The percentage of English and French speakers in the area is 7.5%, Average. The percentage of English speakers only is 88.3%, Below Average. Meanwhile, 21.5% of the population uses public transport, which is Above Average.

Experience Coquitlam West: A Community that Exceeds Expectations

In conclusion, 806 720 Farrow Street, Coquitlam, BC, MLS^® R3058002, presents a unique opportunity to become a part of a vibrant community. With its excellent schools, low crime rate, convenient access to public transportation, and a diverse population, this property embodies the perfect blend of tranquility and excitement. Take the first step towards making Coquitlam West your home today.