508 629 Cottonwood Ave, Coquitlam, BC, MLS^® R3070868

Welcome to 508 629 Cottonwood Avenue, a beautiful home in the heart of Coquitlam, BC. As we walk through this lovely neighborhood, I'd like to share with you some of the amazing features that make it a perfect place to call home.

Let's start with education. The closest elementary school to this home is Mediated Learning Academy, with a rating of No Rating, located a short 1.05 km away. This school is highly regarded in the community, and families love it for its unique approach to learning. As a parent, you'll appreciate the school's focus on individualized attention and hands-on learning experiences.

Just down the road, you'll find Mediated Learning Academy's secondary school program, also with a rating of No Rating, and located just 1.05 km from this home. This school offers a comprehensive education that prepares students for success in all areas of life.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a Below Average crime rate of 5,163.13 incidents per 100,000 population. This means you can enjoy peace of mind knowing that your family is living in a safe and secure community. The overall crime rate has actually decreased by 12.53% over the past year, making it an even more attractive place to call home.

In terms of property crimes, this neighborhood has a Below Average rating of 2,738.96 incidents per 100,000 population. This is a testament to the hard work of local law enforcement and the strong sense of community that exists here. With a violent crime rate of 825.29 incidents per 100,000 population, this neighborhood is considered Low risk compared to other BC municipalities.

Now, let's explore the demographics of this neighborhood. With 26.8% of residents holding a university certificate or degree, this community is highly educated and values lifelong learning. In fact, this is Above Average compared to other BC neighborhoods. On the other hand, 13.2% of residents have no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income in this neighborhood is $58,453, which is Below Average compared to the British Columbia average. However, the median personal income is $27,380, also Below Average compared to the BC average. Despite this, the unemployment rate in this area is 7.1%, which is Below Average compared to other province neighborhoods.

As we explore this neighborhood, you'll notice that it's a vibrant and diverse community. With a population density of 3,333 people per square kilometer, this area is Above Average in terms of population density. The average size of families in this area is 2.9, which is Average compared to the whole region. However, 64.5% of families in this area have children, which is Above Average.

In terms of transportation, this neighborhood is well-connected to the rest of Coquitlam and the surrounding areas. The closest bus station is the Westbound Foster Ave @ Fairview St, located just 0.25 km away from this home. With 62.6% of residents using cars to get around, this neighborhood is relatively car-dependent. However, 31% of residents use public transportation, which is High compared to other BC cities.

Now, let's talk about the real estate market in this area. The average value of dwellings in this neighborhood is $831,557, which is High compared to other areas in British Columbia. However, the average owner payments are Above Average in this area, with owners spending an average of $1,341 per month. Tenants, on the other hand, pay an average of $1,081 per month, which is Average compared to other cities.

In terms of renters, 43.6% of the population in this area are renters, which is Above Average compared to other BC cities and areas. This suggests that this neighborhood is a popular choice for renters and homeowners alike.

Finally, let's explore the language spoken in this area. With 5.2% of residents speaking neither English nor French, this area is Below Average compared to other BC cities. However, 87.1% of residents speak only English, which is Below Average. And with 0.1% of residents speaking only French, this area is Low in terms of French speakers.

In conclusion, 508 629 Cottonwood Avenue is a beautiful home in a vibrant and diverse neighborhood. With its highly educated population, safe and secure environment, and well-connected transportation options, this area is an attractive choice for families and individuals alike. Whether you're looking for a place to call home or a great investment opportunity, this neighborhood has something to offer everyone.