403 516 Foster Ave, Coquitlam, BC, MLS^® R3085868

Welcome to 403 516 Foster Avenue, Coquitlam, BC - MLS^® R3085868

As we walk through the charming streets of Coquitlam, you'll notice the warm and inviting atmosphere of the community surrounding this stunning home. Located at 403 516 Foster Avenue, this property is a hidden gem waiting to be discovered.

Education

Just down the road, you'll find Mediated Learning Academy, a highly-rated Elementary independent school with a No Rating, located 1.19 km from this home. This school is a testament to the community's commitment to providing exceptional education. Families love this area because of its proximity to top-notch schools like Coquitlam College, a Secondary independent school with a No Rating, located just 0.67 km away.

Safety

According to Statistics Canada's 2020 report, the neighbourhood surrounding 403 516 Foster Avenue has a below-average crime rate of 5,163.13, with a rate of 7,889 volation disturbances in the area. This means you can enjoy peace of mind knowing that your family is safe in this community. The crime rate has even seen a year-by-year decrease of 12.53%.

Demographics

This neighbourhood is home to a diverse population, with 26.8% of residents holding a university certificate or degree, ranking Above Average in comparison to other BC neighbourhoods. However, 13.2% of the population has no certificate or degree, which is below average. The median household income is $58,453, which is below average in comparison to the British Columbia average. With a median personal income of $27,380, you'll find that the cost of living in this area is relatively affordable.

Transit

Getting around is easy with the Eastbound Foster Ave @ Whiting Way bus station just 0.02 km away from this listing. With a low unemployment rate of 7.1%, you'll find that job opportunities are plentiful in this area.

Lifestyle Amenities

This home is surrounded by an abundance of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll love exploring the community and discovering all it has to offer.

Real Estate Context

The average dwelling value in this neighbourhood is $831,557, which is high compared to other areas in British Columbia. With an average owner payment of $1,341, you'll find that owning a home in this area is a sound investment. The average rent is $1,081, which is average compared to other cities.

Community

This community is thriving, with a population change of 1.6% between 2011 and 2016, which is average in comparison to the region. With a population density of 3,333 people per square kilometre, you'll find that this area is bustling with activity.

Family-Friendly

Families love this area because of its below-average unemployment rate, above-average percentage of families with children (64.5%), and average family size of 2.9. You'll feel right at home in this community.

Language

While 87.1% of the population speaks English only, which is below average, you'll find that the community is diverse, with 5.2% of residents speaking both English and French, and 0.1% speaking French only.

Transportation

With 31% of the population using public transport, 62.6% using cars, 1.3% using bicycles, and 4.1% walking, you'll find that getting around is easy and convenient in this area.

Investment Opportunity

403 516 Foster Avenue, Coquitlam, BC - MLS^® R3085868 is a fantastic investment opportunity, offering a high average dwelling value and a below-average unemployment rate. Don't miss out on this chance to own a piece of this thriving community.

Contact me, your trusted realtor, to schedule a viewing and make this stunning home your dream come true.