2402 505 Nelson St, Coquitlam, BC, MLS^® R3074738

Welcome to 2402 505 Nelson Street, a beautiful home for sale in the heart of Coquitlam, BC, MLS^® R3074738. As we walk through this charming neighborhood, you'll discover a community that offers the perfect blend of urban convenience and natural beauty.

Let's start with the schools. The closest Elementary independent school to this home is the Traditional Learning Academy, with a rating of 8.9/10. This highly-rated school is located just 0.71 km from 2402 505 Nelson Street, making it an excellent choice for families. In fact, families love this area because of its top-notch educational institutions.

Now, let's talk about safety. 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. While there were 7,889 reported disturbances in the area, the overall crime rate is relatively low compared to other Canadian cities. Additionally, the year-over-year change in the total crime rate is a significant -12.53%, indicating a downward trend in crime.

In terms of specific types of crime, the drug crime rate is average, with a rating of 211.39 incidents per 100,000 population. However, the year-over-year change in the illegal substances offenses ranking is a notable -6.89%. Property crimes in the neighborhood are also below average, with a rating of 2,738.96 incidents per 100,000 population. The year-over-year change in the property misconduct rate is a substantial -18.08%. Lastly, the violent crime rate is low, with a rating of 825.29 incidents per 100,000 population.

Now, let's explore the amenities this neighborhood has to offer. The closest bus station is the Westbound Austin Ave @ Nelson St, which is just 0.08 km away from this home for sale, MLS^® R3074738. This convenient location makes it easy to get around Coquitlam and surrounding areas.

Demographically, this neighborhood is a diverse and vibrant community. According to the latest census data, 19.4% of residents hold a university certificate or degree, which is average compared to other BC neighborhoods. However, 18.6% of the population has no certificate or degree, which is also average. The median household income in the area is $44,203, which is low compared to the British Columbia average. However, the median personal income is $28,744, which is below average. Interestingly, 61.8% of households in the area have a mortgage, which is above average.

In terms of employment, the unemployment rate in this area is 6.2%, which is below average compared to other province neighborhoods. This suggests that the economy is relatively strong in this area.

As we explore this neighborhood further, we notice that the population growth between 2011 and 2016 was 8.2%, which is high compared to the average growth rate of this region. The population density per square kilometer is 5,062.9, which is high. However, the average size of families in the area is 2.6, which is low compared to the whole region. Interestingly, 57.2% of families in the area have children, which is average.

In terms of transportation, 24.9% of the population in this area uses public transport, which is above average. However, 67.5% of residents use cars, which is low. 0.6% of residents use bicycles, which is below average. 7% of the population walks, which is above average.

Last but not least, let's talk about the real estate market in this area. The average value of dwellings in this neighborhood is $563,066, which is above average compared to other areas in British Columbia. The average owner payments are average, with owners spending $1,211 on average for their dwellings. Tenants in the area pay an average of $990, which is also average. However, 72.2% of the population in this area are renters, which is high compared to other BC cities and areas.

In conclusion, 2402 505 Nelson Street, Coquitlam, BC, MLS^® R3074738, is a fantastic home for sale in a vibrant and diverse neighborhood. With its top-notch schools, low crime rate, and convenient location, this home offers the perfect blend of urban convenience and natural beauty. Whether you're a family looking for a safe and supportive community or a professional seeking a convenient commute, this home has something to offer. Contact me today to schedule a viewing and experience this amazing neighborhood for yourself.