525 Appian Way, Coquitlam, BC | MLS^® R3059411 Property Details

6.4% price reduction

Highly desirable INVESTMENT opportunity with high-density development potential (CD-RM5) in the heart of Burquitlam. Situated on a large 8,832 SQFT lot, this renovated home w/ ample living space on two levels provides an exemplary opportunity for strong holding income, as this property will be easily tenanted. The property features a private backyard, a large covered sundeck, renovated living spaces, kitchen, and bathrooms. Suite downstairs w/ separate kitchen and laundry. Located in close proximity to all amenities (commercial, SkyTrain/transportation, schools, parks, golf course, etc.). Buyer has the opportunity to join an active land assembly, don't miss this incredible investment opportunity with holding income. Priced $249,000.00 under BC Assessment.

General Info

Price $2,200,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 2120

Lot Size 8832

Lot Size Depth Feet

Lot Size Frontage 63.5

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1960

Age Of Building 65

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3059411

Area Coquitlam

Neighbourhood Coquitlam West

City Coquitlam

Gross Taxes $8,068.81

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 2

Heating Type Forced Air, Natural Gas, Wood

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single, RV Access/Parking, Front Access, Asphalt

Total Parking Spaces 5

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Strata Restrictions -

Rental Restrictions -

Zoning RES

Rental Suites None

# of Kitchens 2

Flooring Hardwood, Laminate, Tile

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Private Yard

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Metal

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'10 x 17'10 ft
Main Level	Dining Room	8'1 x 8'1 ft
Main Level	Kitchen	17' x 17' ft
Main Level	Primary Bedroom	12'9 x 12'9 ft
Main Level	Bedroom	10'7 x 10'7 ft
Main Level	Patio	12'9 x 12'9 ft
Below	Family Room	13'1 x 13'1 ft
Below	Dining Room	19' x 19' ft
Below	Kitchen	7'5 x 7'5 ft
Below	Bedroom	13' x 13' ft
Below	Flex Room	10'4 x 10'4 ft

Listed by: London Pacific & London Pacific

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

1.54 km

8.9/10

Excellent

Secondary

Coquitlam College

0.28 km

Closest Transit

Bus Stop

Northbound North Rd @ Cameron St

0.14 km

Skytrain

Skytrain @ Lougheed Town Centre Station

0.66 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 525 Appian Way, Coquitlam, BC - MLS^® R3059411

As we walk through this beautiful community, you'll notice that it's a haven for families and those seeking a peaceful living experience. Let's start with the schools, shall we?

Education

Just down the road, you'll find Our Lady of Fatima School, an excellent elementary school with a rating of 8.9/10. It's located just 1.54 km from this stunning home at 525 Appian Way. Our Lady of Fatima School is a top choice for families, and for good reason - its commitment to academic excellence and community values makes it a shining example of what a school should be.

Crime

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighbourhood has a Below Average crime rate of 5,163.13 incidents per 100,000 population. This means that you can enjoy the peace of mind that comes with living in a safe community. Plus, the year-over-year change in crime rate is a impressive -12.53%. This neighbourhood is truly a haven for those seeking a secure living environment.

Demographics

So, who lives in this beautiful community? Well, you'll find that 26.8% of the population has a university certificate or degree, which is Above Average compared to other BC neighbourhoods. This means that education is highly valued here, and you'll find a community that is supportive of lifelong learning. Additionally, the median household income is $58,453, which is Below Average in comparison to the BC average. However, this also means that the cost of living is relatively low, making it an attractive option for families and individuals alike.

Transit

Now, let's talk about convenience. The closest bus station is Northbound North Rd @ Cameron St, which is just 0.14 km away from this stunning home at 525 Appian Way, MLS^® R3059411. With easy access to public transportation, you can enjoy the freedom to explore the city without worrying about parking or traffic.

Lifestyle Amenities

This community is surrounded by plenty of lifestyle amenities that cater to all interests. You'll find parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. It's the perfect place to live, work, and play!

Real Estate Context

The average value of dwellings in this neighbourhood is $831,557, which is High compared to other areas in British Columbia. However, with an average owner payment of $1,341, you'll find that this community is an attractive option for those seeking a comfortable and secure living environment. Plus, with 43.6% of the population renting, there are plenty of options for those who prefer to rent rather than buy.

Unemployment Rate

The unemployment rate in this area is 7.1%, which is Below Average compared to other province neighbourhoods. This means that you'll find a community that is economically stable and supportive of local businesses.

Population Growth

This community has experienced an average population growth rate of 1.6% between 2011 and 2016, which is Average compared to the average growth rate of this region. This means that you'll find a community that is stable and secure, with a strong sense of community spirit.

Language

You'll find that 87.1% of the population speaks English only, which is Below Average compared to other BC cities. However, this also means that you'll find a community that is welcoming and inclusive of diverse languages and cultures.

Transportation

Finally, let's talk about transportation. 31% of the population uses public transport, which is High compared to other BC cities. Additionally, 62.6% of the population uses cars, which is Low. You'll find that this community is well-connected and easy to navigate, making it an attractive option for those who value convenience and mobility.

Community Highlights

In summary, this community at 525 Appian Way, Coquitlam, BC, MLS^® R3059411, is a haven for families and those seeking a peaceful living experience. With its excellent schools, safe community, and convenient location, you'll find that this community is the perfect place to call home.