802 505 Nelson St, Coquitlam, BC V3J 0R5, Coquitlam, BC, V3J 0R5, MLS® R3049831

Welcome to the Heart of Coquitlam: A Neighborhood Guide to 802 505 Nelson Street, Coquitlam, BC V3J 0R5

As a seasoned realtor with a deep understanding of Coquitlam's neighborhoods, I'm excited to share with you the charm and benefits of living in this vibrant community, showcased by the stunning home for sale at 802 505 Nelson Street, Coquitlam, BC V3J 0R5, MLS® R3049831.

Education: A Top Priority for Families

When it comes to education, Coquitlam shines with excellent schools that cater to diverse learning needs. The closest Elementary independent school to this home is Traditional Learning Academy, boasting an impressive rating of 8.9/10 and located just 0.71 km from this home. Families love this area because of its strong focus on academic excellence and well-rounded education.

Safety and Security: A Peace of Mind

According to the latest crime data from Statistics Canada (2020), this neighborhood has a Below Average crime rate of 5,163.13 incidents per 100,000 population. This means you can enjoy a sense of peace and security, knowing that your family is safe and protected. The overall crime rate near MLS® R3049831 is a testament to the community's commitment to maintaining a safe and healthy environment.

Demographics: A Vibrant Community

The demographics of this neighborhood are a reflection of its diverse and inclusive nature. With a median household income of $44,203 (Low compared to the British Columbia average), families and individuals from various backgrounds call this area home. The population is predominantly English-speaking, with 90.4% of residents speaking English only, and 5.3% speaking both English and French. This diverse community is a testament to the area's welcoming and inclusive atmosphere.

Lifestyle Amenities: A Hub of Activity

Coquitlam is renowned for its excellent lifestyle amenities, and this neighborhood is no exception. With a range of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby, you'll never be far from the action. The Westbound Austin Ave @ Nelson St bus station is just 0.06 km away, making it easy to get around the city.

Real Estate Context: A Smart Investment

As a homeowner in this area, you can expect to enjoy a high average dwelling value of $563,066, which is Above Average compared to other areas in British Columbia. With an average owner payment of $1,211, you can enjoy a comfortable and affordable lifestyle. The area's popularity has led to a high percentage of renters (72.2%), but with a median personal income of $28,744 (Below Average), it's essential to consider your financial situation before making a decision.

Unemployment and Commuting: A Convenient Location

The unemployment rate in this area is 6.2%, which is Below Average compared to other provinces. With a high percentage of residents using public transportation (24.9%), you can easily get to work or explore the city without worrying about traffic. The proximity to major highways and the SkyTrain makes it an ideal location for commuters.

Growth and Development: A Thriving Community

This neighborhood has experienced significant growth between 2011 and 2016, with a population change of 8.2%, which is High compared to the average growth rate of the region. With a high population density of 5,062.9 people per square kilometer, this area is a hub of activity and community spirit.

In Conclusion

802 505 Nelson Street, Coquitlam, BC V3J 0R5, MLS® R3049831, is a stunning home for sale that offers a unique blend of education, safety, and lifestyle amenities. As a seasoned realtor, I invite you to explore this neighborhood and experience its charm firsthand.*