9.6% price reduction
HOT PRICE! B.C. Assessed value is $6,718,000! Priced for quick sale! 2.1 acres designated for TOWNHOUSES in Coquitlam's OCP. Surrounded by townhome developments (Polygon development is 600 ft to the east and Wesbuild and Mosaic less than 500m north) this is a prime investment opportunity. City water line is at the lot line.
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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Welcome to a Wonderful Community in Coquitlam, BC
As a seasoned realtor with extensive knowledge of British Columbia's real estate market, I'm excited to introduce you to this incredible property located at 3620 Victoria Drive, Coquitlam, BC, MLS® R3060029.
Education Matters
When it comes to education, this neighborhood is a top choice for families. The closest elementary school to this home is the British Columbia Christian Academy, rated 6.6/10, and located just 1.59 km away. This school is a great option for families who value a well-rounded education. Just down the road, you'll also find the prestigious British Columbia Christian Academy as the closest secondary school, also rated 6.6/10.
Safety First
According to the latest crime data from Statistics Canada (2020), 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 notably lower. The year-over-year change in the total crime rate is -12.53%, indicating a steady decline in crime.
Breaking Down Crime Rates
Let's take a closer look at the crime rates in this area. The drug crime rate is Average, with a rating of 211.39 and 323 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is -6.89%, showing a slight improvement. Property crimes in this neighborhood are also Below Average, with a rating of 2,738.96 and 4,185 incidents in 2020. The year-over-year change in the property misconduct rate is -18.08%, indicating a significant decrease in property-related crimes.
Violent Crimes
Fortunately, the violent crime rate in this area is Low, with 825.29 incidents per 100,000 population. This is a reassuring statistic for families and individuals alike. The year-over-year change in the violent crime rate is 2.99%, showing a slight increase.
Getting Around
When it comes to transportation, this neighborhood is conveniently located near the Westbound Victoria Dr @ Rocklin St bus station, just 0.87 km away. This makes it easy to get around Coquitlam and explore the surrounding areas.
Demographics
This neighborhood is an attractive option for families and individuals alike. According to the latest data, 37.4% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 10.6% of the population has no certificate or degree, which is Low compared to the average in BC.
Income and Employment
The median household income in this area is $111403, which is High compared to the British Columbia average. The median personal income is $40269, which is Above Average compared to the BC average. Notably, 77.9% of households in this area have a mortgage, which is High.
Unemployment Rate
The unemployment rate in this area is 5.4%, which is Low compared to other province neighborhoods.
Community Growth
This neighborhood has experienced significant growth between 2011 and 2016, with a population change of 114.1%. This is High compared to the average growth rate of this region.
Lifestyle Amenities
This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average size of families in this area is 3.1, which is Above Average compared to the whole region. The percent of families with children is 75.7%, which is High.
Diversity
The average age of the population in this area is 34.7, which is Low compared to other BC cities. The average value of dwellings in this neighborhood is $1043964, which is High compared to other areas in British Columbia.
Housing Market
The average owner payments in this area are High, with an average of $2139 spent on dwellings. Tenants are paying $1567 in this district, which is also High compared to other cities.
Renters and Buyers
10.5% of the population in this district are renters, which is Low compared to other BC cities and areas. The average value of dwellings in this neighborhood is $1043964, making it an attractive option for buyers.
Language and Transportation
The percent of English and French speakers in this area is 6.2%, which is Below Average. The percent of English speakers only is 89%, which is Average. The percent of French speakers only is 0%, which is Low. The percent of Neither English nor French speakers is 4.7%, which is High.
Transportation Options
10.8% of the population in this area uses public transportation,
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