516 Cochrane Ave, Coquitlam, BC, MLS® R3037279

$3,598,000
Est. Mortgage /mo

$3,598,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
1 Baths
1 Stories
lot 7448 sqft
1000 sqft
1954 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

516 Cochrane Ave, Coquitlam, BC | MLS® R3037279 Property Details

ATTN DEVELOPERS & INVESTORS - Discover an exceptional investment opportunity in Coquitlam West! This lot is located within the Lougheed Town Centre Station. TOD Tier 3 zone, this prime location offers an FSR of 3.0, allowing for up to 8 stories of vibrant community living. Enjoy proximity to Lougheed Town Centre, restaurants, amenities, groceries, and shopping. Making it an unparalleled developer opportunity. Don’t miss the chance to transform this property into a profitable venture in a prime redevelopment location.

General Info

Price $3,598,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1000
Lot Size 7448
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3037279
Area Coquitlam
Neighbourhood Coquitlam West
City Coquitlam
Gross Taxes $6,808.78
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type Community, Electricity Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Roof Other

Property History

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Status Date Price
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Listed by: eXp Realty & eXp Realty & eXp Realty

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.

Neighborhood Info

Private Schools

Elementary
Our Lady of Fatima School
1.45 km
8.9/10
Excellent
Secondary
Coquitlam College
0.14 km

Closest Transit

Bus Stop
Northbound North Rd @ Cameron St
0.18 km
Skytrain
Skytrain @ Lougheed Town Centre Station
0.53 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 516 Cochrane Avenue, a beautiful home for sale in Coquitlam, BC!

As a trusted realtor with over a decade of experience, I'm excited to share with you the unique features and benefits of this stunning property, located in the heart of Coquitlam West.

A World-Class Education Awaits

Just down the road from 516 Cochrane Avenue, you'll find Our Lady of Fatima School, an outstanding elementary school with a 8.9/10 rating. This exceptional school is only 1.45 km away, making it an ideal choice for families with children. Coquitlam College, a top-rated secondary school, is also conveniently located just 0.14 km from this home, boasting a No Rating due to its unique academic programs.

A Safe and Secure Community

When it comes to safety, Coquitlam West shines with a below-average crime rate of 5,163.13 incidents per 100,000 population, according to Statistics Canada's 2020 report. This means you can enjoy peace of mind knowing that your family is living in a secure and stable community. Additionally, the illegal substances offences rate is average, and property crime rates are below average, making this an excellent choice for families.

Thriving Community with a Strong Economy

The neighborhood surrounding 516 Cochrane Avenue boasts an impressive 26.8% of residents with a university certificate or degree, making it an above-average community in British Columbia. Meanwhile, the median household income is $58,453, which is below average compared to the province. However, the median personal income is $27,380, also below average. This indicates a mix of working-class and middle-class families in the area.

Excellent Transit Options

For commuters, the Northbound North Rd @ Cameron St bus station is just 0.18 km away from this property, making it an ideal location for those who rely on public transportation. With a 7.1% unemployment rate, this area is also known for its strong economy.

Diverse and Growing Community

The population change between 2011 and 2016 was 1.6%, which is average for the region. With a population density of 3,333 people per square kilometer, this community is above average in terms of population density. The average family size is 2.9, which is average, and 64.5% of families with children live in the area, making it an excellent choice for families.

A Home for All

The average age of the population is 39.9, which is below average compared to other BC cities. With an average value of dwellings at $831,557, this neighborhood is considered high compared to other areas in British Columbia. The average owner payments are above average, with owners spending $1,341 on average for their dwellings. Meanwhile, tenants are paying $1,081, which is average.

A Diverse and Multicultural Community

The population is diverse, with 43.6% of residents being renters, which is above average compared to other BC cities and areas. English and French speakers make up 5.2% of the population, which is below average, while English speakers only account for 87.1%, also below average. Meanwhile, 7.6% of the population speaks neither English nor French, which is high compared to other BC cities.

Getting Around

With 31% of the population using public transportation, 62.6% driving cars, and 4.1% walking, this community is well-connected and easy to navigate. Whether you prefer to drive, walk, or bike, you'll find it convenient to get around in Coquitlam West.

Experience the Best of Coquitlam West

516 Cochrane Avenue, Coquitlam, BC MLS®R3037279 is a stunning property that offers the best of both worlds: a safe and secure community, excellent education options, and a thriving economy. Don't miss out on this incredible opportunity to make this property your home. Contact me today to schedule a viewing and make your dreams a reality!

As your trusted realtor, I'm committed to providing you with the most up-to-date information and expert knowledge to help you make an informed decision. Whether you're a first-time buyer or a seasoned investor, I'm here to guide you every step of the way.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,598,000
Coquitlam $3,683,333
Coquitlam West No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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