516 Cochrane Ave, Coquitlam, BC | MLS® R3037279 Property Details

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.

General Info

Price $3,598,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1000

Lot Size 7448

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1954

Age Of Building 71

Building Type Single Family Residence

Property Type Residential

Stories 1

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R3037279

Area Coquitlam

Neighbourhood Coquitlam West

City Coquitlam

Gross Taxes $6,808.78

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Other

Utilities

Utility Type Community, Electricity Connected, Water Connected

Water (WaterSource) Public

Parking

Parking Type Other

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning RS-1

Rental Suites -

# of Kitchens 0

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features No Outdoor Area

Roof Other

Property History

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Status	Date	Price

Listed by: eXp Realty & eXp Realty & eXp Realty

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

1.45 km

Rating 8.9/10

Secondary

Coquitlam College

0.14 km

No Rating

Closest Transit

Translink

Northbound North Rd @ Cameron St

0.18 km

A Warm Welcome to Coquitlam West

As we step into the charming neighborhood of Coquitlam West, you'll find the perfect blend of tranquility and community spirit. Our current listing at 516 Cochrane Avenue, MLS® R3037279, is nestled in the heart of this vibrant community, offering a unique blend of convenience, amenities, and lifestyle.

Education

Just a short 1.45 km stroll from our listing, you'll find Our Lady of Fatima School, an excellent elementary school with a rating of 8.9/10. This school is a prized gem in the community, providing a solid foundation for young minds. If you're looking for secondary education, Coquitlam College is just 0.14 km away, offering a range of programs and opportunities for students.

Safety and Crime Rates

According to the latest statistics from Statistics Canada (2020), our neighborhood has a Below Average crime rate of 5,163.13 incidents per 100,000 population. This indicates a safe and peaceful environment for residents, perfect for families and individuals alike. Drug crime rates are Average, with 323 incidents in 2020, and a year-by-year change of -6.89%. Property crime rates are also Below Average, with 4,185 incidents in 2020, and a year-by-year change of -18.08%. Violent crime rates are Low, with 825.29 incidents in 2020, and a year-by-year change of 2.99%.

Demographics and Lifestyle

Our neighborhood is home to a diverse community, with 26.8% of residents holding a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. The median household income is $58,453, which is Below Average in comparison to the British Columbia average. However, the median personal income is $27,380, which is also Below Average. A significant 43.6% of the population are renters, which is Above Average in comparison to other BC cities and areas.

Transit and Commuting

Convenience is just around the corner with the Northbound North Rd @ Cameron St bus station located 0.18 km away from our listing, MLS® R3037279. You'll have easy access to public transportation, making it simple to explore the surrounding area or commute to work.

Amenities and Lifestyle

Our neighborhood is surrounded by a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll find something for everyone in this vibrant community. With an average dwelling value of $831,557, this is a High value area in comparison to other areas in British Columbia. Average owner payments are Above Average, with $1,341 spent on dwellings, while tenants pay an average of $1,081.

Community Spirit

With an average family size of 2.9 and 64.5% of families with children, this is an Above Average community. The average age of the population is 39.9, which is Below Average in comparison to other BC cities. This community is perfect for families, young professionals, and individuals looking for a peaceful and convenient lifestyle.

A Must-See Listing

Don't miss out on this exceptional opportunity to own a piece of Coquitlam West's charm. Contact us today to schedule a viewing of 516 Cochrane Avenue, MLS® R3037279. We look forward to welcoming you to this vibrant community!

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Floor	Type	Dimensions
Main Level	Bedroom	0' x 0' ft
Main Level	Bedroom	0' x 0' ft

516 Cochrane Ave, Coquitlam, BC, MLS® R3037279