2706 720 Farrow St, Coquitlam, BC, MLS^® R3058940

Welcome to the charming community of Coquitlam West, where family-friendly living meets modern convenience. Located at 2706 720 Farrow Street, this beautiful home is nestled in a vibrant neighborhood that offers the best of both worlds.

Education:

For families, education is a top priority. The closest elementary independent school to this home is Mediated Learning Academy, with a rating of No Rating. Located just 0.65 km away, Mediated Learning Academy is a great option for families who value a personalized learning experience. As for secondary education, Mediated Learning Academy is also the closest option, with the same rating and distance.

Safety:

According to Statistics Canada's 2020 report, this neighborhood has a Below Average crime rate, with 5,163.13 incidents per 100,000 population. Compared to other Canadian cities, this rate is significantly lower. Additionally, the year-over-year change in the total crime rate is -12.53%, indicating a consistent decrease in crime over the years. In terms of specific crime categories, property crimes in this neighborhood are Below Average, with a rating of 2,738.96 and 4,185 incidents in 2020. The violent crime rate is also Low, with 825.29 incidents in 2020.

Lifestyle:

For those who value convenience and accessibility, this neighborhood is close to public transportation, including the Eastbound Como Lake Ave @ North Rd bus station, just 0.14 km away. With a median household income of $69,171, this neighborhood is Average in comparison to other BC neighborhoods. However, the median personal income is Below Average, at $31,442. Despite this, the neighborhood has a high percentage of households with a mortgage, at 61.7%, which is Above Average.

Real Estate:

The average value of dwellings in this neighborhood is a whopping $889,162, making it one of the highest in British Columbia. Average owner payments are also Above Average, at $1,522, while tenants pay an average of $1,197, also Above Average. Interestingly, 36.3% of the population in this neighborhood are renters, which is Above Average compared to other BC cities.

Community:

This neighborhood is a great place to call home, with a diverse community that values education, safety, and convenience. The average age of the population is 39.2, which is Below Average compared to other BC cities. However, the neighborhood is 64.6% families with children, which is Above Average. Additionally, the average size of families in this neighborhood is 2.9, which is Average.

Amenities:

This neighborhood is surrounded by a variety of amenities, including parks, beaches, and trails. For shopping and dining, residents can head to the nearby Coquitlam West Mall or visit one of the many local restaurants and cafes. Medical facilities are also conveniently located, including hospitals and medical clinics.

Investment:

For investors, this neighborhood offers a unique opportunity to own a piece of Coquitlam's thriving real estate market. With a consistent decrease in crime rates and a high percentage of households with a mortgage, this neighborhood is a solid choice for those looking to invest in a stable community.

Experience:

As a seasoned realtor, I can confidently say that this neighborhood offers the best of both worlds. With its family-friendly atmosphere, convenient location, and diverse community, this neighborhood is a great place to call home. Whether you're a first-time buyer or an experienced investor, I invite you to explore this beautiful community and discover all it has to offer.

About This Property:

Located at 2706 720 Farrow Street, Coquitlam, BC, MLS^® R3058940, this stunning home is a rare find in a neighborhood that offers the best of Coquitlam's real estate market. With its prime location, modern amenities, and friendly community, this home is the perfect choice for families, investors, and anyone looking for a comfortable and convenient place to live.