Land Value only, 20.71% cheaper than comparables
Investor, Builder, and Developer Alert! This prime 8,060 sq. ft. corner lot, with convenient side and rear lane access, offers endless potential under the Official Community Plan (OCP), which designates it for RT (Townhouse Residential) zoning. Build townhomes, subdivide the lot to create two single-family homes, or explore coach house options. This property is all about the land value, making it a rare and lucrative development opportunity.
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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.
Private Schools
Closest Transit
As we walk through this charming community, I'm excited to share with you the many benefits of calling this beautiful home your own. Located in the heart of Port Coquitlam, this property offers a perfect blend of convenience, amenities, and lifestyle.
Let's start with the schools. Our Lady of the Assumption School, with its impressive rating of 9.5/10, servicing the elementary needs of families in the area, is just a short 1.46 km away from this home. For secondary education, Hope Lutheran Christian School, rated 7.9/10, is located 1.77 km from the property, providing a solid foundation for your child's academic journey.
When it comes to safety, the data from Statistics Canada (2020) shows that this neighborhood has a total of 4,262 incidents, resulting in an overall crime rate of 6,710.97 per 100,000 population. This rate is Average compared to other Canadian cities, and the year-by-year change in the total crime rate is -4.92%. You can rest assured that this community is a safe and peaceful place to call home.
Breaking down the crime rates, we see that the drug crime rate is above average, with a rating of 325.94. However, the year-by-year change in the illegal substances offenses ranking is 5.86%. Property crimes are Average, with a rating of 3,157.08, and the year-by-year change in the property misconduct rate is -12.28%. Violent crime rates are Below Average, with a rating of 1,110.10, and the year-by-year change in the violent crime rate is -3.06%.
Convenience is key, and with the Southbound Mary Hill Rd @ Central Ave bus station just 0.15 km away, you'll have easy access to public transportation. Whether you're commuting to work or running errands, getting around this neighborhood is a breeze.
According to the latest data, 20.9% of the population in this neighborhood holds a university certificate or degree, which is Average compared to other BC neighborhoods. Conversely, 13.5% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income is $60,907, which is Below Average compared to the British Columbia average. However, the median personal income is $37,132, which is Above Average compared to the BC average.
This home is situated in a neighborhood with a high population growth rate of 13.5% between 2011 and 2016, which is High compared to the average growth rate of this region. The average size of families in this area is 2.6, which is Low compared to the whole region. The average age of the population is 42.6, which is Average compared to other BC cities.
In terms of lifestyle amenities, this neighborhood offers a range of options, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in this neighborhood is $317,086, which is Average compared to other areas in British Columbia. The average owner payments are Average, with owners spending $1,229 on average for their dwelling. Tenants are paying $1,149 in this district, which is Above Average compared to other cities.
With a low unemployment rate of 5.6%, this neighborhood is an attractive option for those looking for a stable and secure community. The population density per square kilometer is 1,990.3, which is Above Average. The percentage of families with children is 58.2%, which is Average. The percentage of married or living common law is 48.9%, which is Low. The average value of dwellings in this neighborhood is $317,086, which is Average. The average owner payments are Average, with owners spending $1,229 on average for their dwelling. Tenants are paying $1,149 in this district, which is Above Average.
The majority of the population, 91.4%, speaks only English, which is Average. The percentage of French speakers is 0.2%, which is Average. The percentage of neither English nor French speakers is 1.9%, which is Above Average. In terms of transportation, 15.6% of the population uses public transport, which is Above Average. 77.1% of the population uses cars, which is Below Average. 1.2% of the population uses bicycles, which is Average. 4.3% of
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