3207 720 Farrow St, Coquitlam, BC, MLS^® R3062570

Welcome to the vibrant community of Coquitlam West, where you'll find the perfect blend of convenience, amenities, and natural beauty. I'm thrilled to take you on a tour of this charming neighborhood, highlighting the best features and benefits of living in this exceptional area.

Education

Just down the road from the beautiful home for sale at 3207 720 Farrow Street, Coquitlam, BC, you'll find the esteemed Mediated Learning Academy, a top-notch elementary school with a rating of No Rating. Located just 0.67 km from this stunning property, it's the perfect choice for families looking for a quality education. As you explore the area, you'll discover that this school is part of a larger network of excellent educational institutions, making it an ideal location for families who value education.

Safety

When it comes to safety, Coquitlam West has a reputation for being a secure and peaceful community. According to the latest statistics from Statistics Canada (2020), the overall crime rate near the address 3207 720 Farrow Street, Coquitlam, BC is 5,163.13, which is considered Below Average compared to other Canadian cities. This means that residents can enjoy a sense of peace of mind, knowing that their community is well-protected. The year-by-year change in the total crime rate is a notable -12.53%, demonstrating a steady trend towards a safer community.

Demographics

The demographics of Coquitlam West are a reflection of its diverse and vibrant community. With a population of 3693 people per square kilometer, this area is considered High in terms of population density. The average family size is 2.9, which is Average compared to the region. What's more, 64.6% of families with children call this area home, making it an excellent choice for families. The median household income is $69,171, which is Average in comparison to the British Columbia average. However, the median personal income is $31,442, which is Below Average. Despite this, the area has a high percentage of households with a mortgage (61.7%), making it an attractive option for homebuyers.

Transit

Convenience is key in Coquitlam West, and the area is well-connected to the rest of the city. The closest Bus station is Burquitlam Station @ Bay 3, located just 0.15 km away from this beautiful home for sale. This makes it easy for residents to get around without a car, with 21.5% of the population using public transport. While 75.1% of residents use cars, this is still Below Average, demonstrating a strong preference for alternative modes of transportation.

Lifestyle Amenities

Coquitlam West offers a wide range of lifestyle amenities that cater to the diverse needs of its residents. From parks and beaches to trails and shopping centers, there's something for everyone in this vibrant community. The average value of dwellings in this area is $889,162, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with homeowners spending $1,522 on average for their dwellings. Tenants are also well-supported, with an average rent of $1,197, which is Above Average.

Real Estate Context

As we explore the real estate context of Coquitlam West, it's clear that this area is a hot spot for homebuyers. With a population growth rate of 14% between 2011 and 2016, this area is considered High compared to the average growth rate of the region. The average age of the population is 39.2, which is Below Average compared to other BC cities. Despite this, the area remains popular with families, with 36.3% of the population renting their homes, which is Above Average.

Language and Transportation

When it comes to language and transportation, Coquitlam West is a diverse and inclusive community. While 88.3% of residents speak only English, which is Below Average, 7.5% speak both English and French, which is Average. The area also has a high percentage of residents who use bicycles (0.5%), which is Below Average, and a low percentage of residents who walk (1.8%), which is Low. However, 21.5% of residents use public transport, which is Above Average.

In conclusion, Coquitlam West is an exceptional community that offers a unique blend of convenience, amenities, and natural beauty. With its excellent education system, low crime rate, and diverse demographic profile, this area is an attractive option for families and individuals alike. Whether you're looking for a quiet retreat or an urban escape, Coquitlam West has something for everyone. As your trusted realtor, I'd be happy to guide you through the process of finding your dream home in this vibrant community.