2227 Lorraine Ave, Coquitlam, BC, MLS® R2859327

$1,599,000
Est. Mortgage /mo

Closed

$1,705,678
Closed at 20 Jun 2024
Listing price: $1,599,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 9636 sqft
2075 sqft
1963 built
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Schools
Crime
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2227 Lorraine Ave, Coquitlam, BC | MLS® R2859327 Property Details

Great Opportunity to purchase a 2075sq.ft. 4 Bedroom & 2 Bath home in a prime location of Central /East Coquitlam that is perfect for Investors, Builders as well as End User Buyers. Whether you choose to live in this older home and renovate it or tear it down and start from scratch there are many options here with RS-1 zoning. There is potential to add a basement suite as well as a coach/ laneway home so you can maximize your rental income. This home boasts a usable 9636sq.ft(66 x 146) lot with a double detached garage with back lane access along with a single attached garage plus a lot of room for additional parking. Please inquire with the city of Coquitlam with any development related inquiries. Call today to book a showing for the property.

General Info

Price $1,599,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2075
Lot Size 9636
Lot Size Depth Feet
Lot Size Frontage 66
Basement Full, Partial, Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1963
Age Of Building 61
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2859327
Area Coquitlam
Neighbourhood Coquitlam East
City Coquitlam
Gross Taxes $4,830.27
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Detached, Garage Single, Front Access, Lane Access, Garage Door Opener
Total Parking Spaces 7

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: Homelife Advantage Realty Ltd.

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, Secondary
Traditional Learning Academy
1.81 km
Rating 8.9/10
Elementary, Secondary
Traditional Learning Academy
1.81 km
Rating 8.9/10

Closest Transit

Translink
Northbound Mundy St @ Kugler Ave
0.11 km

The closest Elementary independent school to this home for sale located at 2227 Lorraine Avenue is Traditional Learning Academy with School's rating Rating 8.9/10, located 1.81 km from this home.

The closest to this address 2227 Lorraine Avenue Secondary independent school is Traditional Learning Academy with School's rating Rating 8.9/10, located 1.81 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 7,889 volation disturbances in this neighbourhood. The overall crime rate near the address - 2227 Lorraine Avenue, Coquitlam, BC is 5,163.13. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -12.53%

Drug crime rate next to the listing MLS® R2859327 is Average comparing to other neighbourhoods. The illegal substances offences rating is 211.39. There were 323 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -6.89%

Property crimes in the neighbourhood close to real estate listing for sale 2227 Lorraine Avenue are Below Average. Property misconduct rating adjacent to MLS® R2859327 is 2,738.96. There were 4,185 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -18.08%

There were 1,261 violent lawbreaking disorders in 2020. 825.29 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 2.99%

The closest Bus station is Northbound Mundy St @ Kugler Ave in 0.11 km away from this listing with - MLS® R2859327.

27.1% of people with university certificate/degree live in this neighbourhood adjacent to the 2227 Lorraine Avenue which is Above Average in comparison with other BC neighbourhoods. 13.9% of population in this neighbourhood that is near the Listing MLS® R2859327 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 2227 Lorraine Avenue, Coquitlam, BC is $100890 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2859327 is $39835 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 58.7% which is Average.

Unemployment rate in the area around Real Estate Listing # R2859327 is 6.6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2227 Lorraine Avenue Coquitlam East where population change between 2011 and 2016 was 0.3%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2227 Lorraine Avenue, Coquitlam, BC is 2847.8 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 2227 Lorraine Avenue is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2859327 is 65.7% and it is Above Average. % of Married or living common law is around 64.1% and it is Above Average.

Average age of the population close to the 2227 Lorraine Avenue is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2227 Lorraine Avenue, Coquitlam, BC is $1010425 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2227 Lorraine Avenue. $1628 owners spent in average for the dwelling. Tenants are paying $1338 in this district close to MLS® R2859327 and it is High comparing to other cities.

16.2% of Population in this district near the 2227 Lorraine Avenue are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2227 Lorraine Avenue, Coquitlam, BC is 6.3%, it is Average, % of English speakers only is 90.6% and Average. % of Neither English nor French speakers close to home for sale 2227 Lorraine Avenue, Coquitlam, BC is 3% and it is Above Average comparing to other BC cities.

12.4% of all population in the area around this property with the address 2227 Lorraine Avenue, Coquitlam, BC using Public Transport which is Average, 84.2% of using population are using Cars around MLS® R2859327, which is Average. 0.3% of people using Bicycles around the 2227 Lorraine Avenue and it is Low. 1.5% of population are walking which is Low

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,599,000
Coquitlam $1,703,897
Coquitlam East No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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