**Development Opportunity: 726 Edgar Ave, Coquitlam**—Positioned within the Maillardville neighbourhood plan, this site, zoned for medium density apartment residential, is part of a land assembly of 6 potential lots for multi-family development. Surrounded by four-story apartment buildings and offering back lane access, it's strategically located near amenities and transport, making it a prime investment for developers aiming to capitalize on Coquitlam’s growth.
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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 beautiful neighborhood, you'll discover why families love living here. Let's start with the schools - a top priority for many parents. The closest elementary school to this home is Our Lady of Fatima School, rated 8.9/10, and located just a 0.1 km stroll away. This school is a gem in the community, offering a supportive environment that fosters academic excellence and character growth.
For secondary education, Coquitlam College is just a 1.31 km drive away, providing students with a world-class education and a wide range of program options. With a rating of no formal rating, this college is an excellent choice for students looking to pursue their passions and reach their full potential.
Let's talk about crime rates - a crucial factor in choosing a neighborhood. According to Statistics Canada's 2020 report, the overall crime rate near 726 Edgar Avenue, Coquitlam, BC, is 5,163.13 incidents per 100,000 population, which is considered Below Average compared to other Canadian cities. The year-by-year change in the total crime rate is -12.53%, indicating a steady decline in crime rates in this area.
Now, let's explore the demographics of this vibrant neighborhood. With 30.6% of residents holding a university certificate or degree, this community is Above Average in terms of education levels. In contrast, only 11.9% of the population has no certificate or degree, which is Low compared to the average in BC.
The median household income in this area is $54,683, which is Below Average compared to the British Columbia average. However, the median personal income is $27,187, also Below Average. On a positive note, 66.9% of households in this census subdivision have a mortgage, which is Above Average.
The unemployment rate in this area is 5.8%, which is Below Average compared to other provinces. The population change between 2011 and 2016 was 0.7%, which is Average in comparison to the average growth rate of this region.
This neighborhood is a melting pot of cultures, with a population density per square kilometer of 3,584.3, which is High. The average family size is 2.8, which is Below Average, while 64.3% of families in this area have children, making it Above Average.
You'll love the proximity to amenities in this neighborhood. The closest bus station is Eastbound Rochester Ave @ Walker St, just 0.37 km away from this property. With a range of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby, you'll find everything you need within walking distance.
The average value of dwellings in this neighborhood is $877,676, which is High compared to other areas in British Columbia. Owner payments are also High, with an average of $1,596 per month. Tenants, on the other hand, pay an average of $1,092 per month, which is Above Average.
726 Edgar Avenue, Coquitlam, BC, MLS® R2996797, is a rare find in this sought-after neighborhood. With its excellent schools, low crime rate, and thriving community, this property is perfect for families and individuals looking for a safe and secure place to call home. Contact me today to schedule a viewing and make your dreams a reality!
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