574 Cochrane Ave, Coquitlam, BC, MLS® R2813198

$4,200,000
Est. Mortgage /mo

Closed

$3,750,000
Closed at 28 Jan 2025
Listing price: $4,200,000
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
7 Beds
5 Baths
2 Stories
lot 7777 sqft
3478 sqft
1958 built
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574 Cochrane Ave, Coquitlam, BC | MLS® R2813198 Property Details

DEVELOPMENT OPPORTUNITY IN WEST COQUITLAM - Rare investment opportunity for developers and investors. Designated Medium Density Apartment Residential zoning, this 7,777 SF lot has excellent potential for redevelopment. Spacious, updated home with over 3400 SF of interiors, 7 bedrooms & 5 baths, 3 car garage, including 2 bedroom mortgage helper on lower floor. Prime location in a rapidly growing area, steps to Burquitlam Skytrain Station; minute to Lougheed Shopping Centre, SFU, Burnaby Mountain and restaurants!

General Info

Price $4,200,000
Total Bedrooms 7
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3478
Lot Size 7777
Lot Size Depth Feet
Lot Size Frontage 79
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1958
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2813198
Area Coquitlam
Neighbourhood Coquitlam West
City Coquitlam
Gross Taxes $6,452.34
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Hot Water, Radiant

Utilities

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

Parking

Parking Type Garage Triple
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Laminate, Tile
Foundation Concrete Perimeter
Locker -
View 1
View Description Golf Course
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Select Properties

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
1.22 km
Rating 8.9/10
Secondary
Coquitlam College
0.3 km
No Rating

Closest Transit

Translink
Eastbound Austin Ave @ 500 Block
0.25 km

The closest Elementary independent school to this home for sale located at 574 Cochrane Avenue is Our Lady of Fatima School with School's rating Rating 8.9/10, located 1.22 km from this home.

The closest to this address 574 Cochrane Avenue Secondary independent school is Coquitlam College with School's rating No Rating, located 0.3 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 - 574 Cochrane 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® R2813198 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 574 Cochrane Avenue are Below Average. Property misconduct rating adjacent to MLS® R2813198 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 Eastbound Austin Ave @ 500 Block in 0.25 km away from this listing with - MLS® R2813198.

26.8% of people with university certificate/degree live in this neighbourhood adjacent to the 574 Cochrane Avenue which is Above Average in comparison with other BC neighbourhoods. 13.2% of population in this neighbourhood that is near the Listing MLS® R2813198 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 574 Cochrane Avenue, Coquitlam, BC is $58453 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2813198 is $27380 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.6% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2813198 is 7.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 574 Cochrane Avenue Coquitlam West where population change between 2011 and 2016 was 1.6%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 574 Cochrane Avenue, Coquitlam, BC is 3333 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 574 Cochrane Avenue is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2813198 is 64.5% and it is Above Average. % of Married or living common law is around 54.7% and it is Below Average.

Average age of the population close to the 574 Cochrane Avenue is 39.9 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 574 Cochrane Avenue, Coquitlam, BC is $831557 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 574 Cochrane Avenue. $1341 owners spent in average for the dwelling. Tenants are paying $1081 in this district close to MLS® R2813198 and it is Average comparing to other cities.

43.6% of Population in this district near the 574 Cochrane Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 574 Cochrane Avenue, Coquitlam, BC is 5.2%, it is Below Average, % of English speakers only is 87.1% and Below Average. % of French speakers adjacent to 574 Cochrane Avenue only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 574 Cochrane Avenue, Coquitlam, BC is 7.6% and it is High comparing to other BC cities.

31% of all population in the area around this property with the address 574 Cochrane Avenue, Coquitlam, BC using Public Transport which is High, 62.6% of using population are using Cars around MLS® R2813198, which is Low. 1.3% of people using Bicycles around the 574 Cochrane Avenue and it is Average. 4.1% of population are walking which is Average

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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 $4,200,000
Coquitlam $1,995,600
Coquitlam West 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!
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