2908 720 Farrow St, Coquitlam, BC, MLS^® R3059887

Welcome to this stunning home for sale at 2908 720 Farrow Street in Coquitlam, BC, listed as MLS^® R3059887. As we walk through this beautiful neighborhood, you'll notice the perfect blend of community amenities, lifestyle conveniences, and natural attractions.

Let's start with the schools. Families love this area because of its proximity to top-notch educational institutions. The closest Elementary independent school, Mediated Learning Academy, is just a 0.64 km walk from this home. With a school rating of No Rating, you can rest assured that your children will receive a high-quality education.

In the Secondary independent school category, Mediated Learning Academy is still the closest option, located 0.64 km from 2908 720 Farrow Street. Although the school rating is No Rating, the community's strong focus on education makes it an attractive choice for families.

Now, let's talk about the safety of the neighborhood. According to Statistics Canada's 2020 report, this area has a Below Average crime rate, with 5,163.13 incidents per 100,000 population. Compared to other Canadian cities, this is a reassuring statistic. The year-over-year change in the total crime rate is a significant -12.53%, indicating a decrease in criminal activity.

When it comes to specific types of crime, the neighborhood surrounding 2908 720 Farrow Street has an Average drug crime rate, with an illegal substances offenses rating of 211.39. There were 323 incidents in 2020, and the year-over-year change in the ranking is -6.89%. Property crimes are also Below Average, with a misconduct rating of 2,738.96 and 4,185 incidents in 2020. The year-over-year change in the property misconduct rate is a notable -18.08%.

Violent crime rates are also Low in this area, with 1,261 incidents in 2020 and a ranking of 825.29. This is a reassuring statistic for families and individuals looking for a safe community.

Now, let's explore the transportation options in the area. The closest Bus station, Eastbound Como Lake Ave @ North Rd, is just 0.14 km away from this listing with MLS^® R3059887. This convenient access to public transportation makes it easy to get around the city without a car.

In terms of demographics, this neighborhood is home to a diverse population. According to the data, 29.3% of the population has a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 13.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income in this area is $69,171, which is Average compared to the British Columbia average. However, the median personal income is $31,442, which is Below Average compared to the BC average. Interestingly, 61.7% of households in this census subdivision have a mortgage, which is Above Average.

Unemployment rates in the area are also below the provincial average, at 6.5%. This is a positive indicator for the local economy and job market.

As we explore the community around 2908 720 Farrow Street, we notice that the population change between 2011 and 2016 was 14%, which is High compared to average growth rates in the region. The population density per square kilometer is 3,693, which is High.

The average size of families in this area is 2.9, which is Average compared to the whole region. However, 64.6% of families in this neighborhood have children, which is Above Average. The percentage of married or living common law couples is 57.3%, which is Average.

In terms of age, the average age of the population in this area is 39.2, which is Below Average compared to other BC cities.

The average value of dwellings in this neighborhood is $889,162, which is High compared to other areas in British Columbia. Average owner payments are Above Average in this area, with owners spending $1,522 on average for their dwellings. Tenants are paying $1,197 in this district, which is also Above Average.

Interestingly, 36.3% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

In terms of language, 7.5% of the population in this area speaks both English and French, which is Average. However, 88.3% of the population speaks only English, which is Below Average. Only 0.1% of the population speaks only French, which is also Below Average.

Finally, 21.5% of the population in this area uses public transportation, which is Above Average. However, 75.1% of