701 Delestre Ave, Coquitlam, BC | MLS^® R3003997 Property Details

9.7% price reduction

36.26% cheaper than comparables

Court-ordered sale - 5500sqft+ home offers exceptional development potential in one of Coquitlam’s fastest-growing areas. Designated RM-3 Medium Density Residential in the Official Community Plan, the property supports 7+ storey apartment development (FSR 2.45) or 4–6 storey options (FSR 2.3)— buyer to verify with City - Ideal for investors, builders, or end-users looking to hold or occupy while awaiting redevelopment. Located in the heart of the Lougheed City Centre Core, with convenient access to public transit, Lougheed Hwy, shopping, and upcoming infrastructure. Property sold as-is, where-is. Schedule A to accompany all offers. Priced well under assessment value $3,774,000.00 initial offer can have subjects/conditions - please contact for more info on the court process.

General Info

Price $2,799,000

Total Bedrooms 9

Total Bathrooms 7

Half Bathrooms 0

Floor Area Total (sqft) 5612

Lot Size 10248

Lot Size Depth Feet

Lot Size Frontage 95

Basement Full

Basement Features BasementFeatures

Property Metrics

Year Built 2010

Age Of Building 15

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3003997

Area Coquitlam

Neighbourhood Coquitlam West

City Coquitlam

Gross Taxes $13,008.81

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 2

Heating Type Forced Air, Natural Gas, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Triple, Open, Front Access

Total Parking Spaces 5

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Strata Restrictions -

Rental Restrictions -

Zoning RS-1

Rental Suites -

# of Kitchens 1

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18' x 18' ft
Main Level	Kitchen	12' x 12' ft
Main Level	Dining Room	12' x 12' ft
Main Level	Family Room	18' x 18' ft
Main Level	Eating Area	9' x 9' ft
Main Level	Laundry	10' x 10' ft
Below	Bedroom	12' x 12' ft
Below	Bedroom	12' x 12' ft
Below	Bedroom	12' x 12' ft
Below	Games Room	12' x 12' ft
Below	Storage	10' x 10' ft
Above Level	Primary Bedroom	16' x 16' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	12' x 12' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Below	No	#4
Main Level	No	#4
Above Level	No	#4

Listed by: Argus Estates (1983) Ltd.

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

0.28 km

8.9/10

Excellent

Secondary

Coquitlam College

1.23 km

Closest Transit

Bus Stop

Westbound Lougheed Hwy @ 600 Block

0.2 km

Skytrain

Skytrain @ Braid Stn

0.87 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 Coquitlam West: A Vibrant Neighborhood with Endless Opportunities

As we step into the charming community of Coquitlam West, you'll discover a perfect blend of convenience, lifestyle, and growth. Let's start our tour with the local schools, shall we?

Education at Its Best

Just down the road, you'll find Our Lady of Fatima School, a highly-rated elementary school with an impressive 8.9/10 rating. It's conveniently located just 0.28 km from our property at 701 Delestre Avenue. This top-notch school is a major draw for families in the area. For secondary education, Coquitlam College is another excellent option, situated 1.23 km away with its own unique strengths.

A Safe and Peaceful Community

According to the latest statistics from Statistics Canada (2020), this neighborhood boasts a below-average crime rate, with only 5,163.13 incidents per 100,000 population. Compared to other Canadian cities, our area shines with a 12.53% decrease in total crime rate over the years. You can breathe a sigh of relief knowing that you're living in a secure and peaceful environment.

A Thriving Community with Diverse Residents

As we explore the demographics of our community, you'll notice a high percentage of residents with university certificates or degrees (30.6%), making it an above-average neighborhood in British Columbia. On the other hand, the median household income ($54,683) and median personal income ($27,187) are below average compared to the province. However, the percentage of households with a mortgage (66.9%) is above average, indicating a strong sense of community and financial stability.

Convenience and Commuting Made Easy

With the Westbound Lougheed Hwy @ 600 Block bus station just 0.2 km away from 701 Delestre Avenue (MLS^® R3003997), you can easily access public transportation. The neighborhood is also well-connected to major highways, making commuting a breeze. Plus, with a low unemployment rate of 5.8% (below average for the province), you can feel confident about your job prospects.

A Hub for Families and Young Professionals

This real estate is situated in a family-friendly area, with 64.3% of families having children (above average for the region). The average family size is 2.8, which is below average for the region. The community is also diverse, with 50.8% of residents in married or common-law relationships (below average for the region).

A Thriving Economy and Growing Population

The population change between 2011 and 2016 was a modest 0.7%, which is average for the region. The average age of the population (41.4) is also average for the province. With an average value of dwellings at $877,676 (high compared to other areas in British Columbia), this neighborhood is an attractive option for homeowners and investors.

Getting Around and Community Amenities

The majority of residents (66.2%) use cars to get around, while 27.1% rely on public transportation (high for the region). You'll also find a range of community amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby. The average owner payments are high in the area, with owners spending $1,596 on average for their dwellings. Tenants, on the other hand, pay $1,092 in average rent, which is above average for the region.

A Multicultural Community

The area around 701 Delestre Avenue (Coquitlam, BC) is home to a diverse population, with 88% of residents speaking only English (below average for the region). However, 6.1% of residents speak both English and French (below average), while 5.9% speak neither language (high for the region).

Join Our Vibrant Community Today!

As you can see, 701 Delestre Avenue (Coquitlam, BC) MLS^® R3003997 is a fantastic opportunity to be part of a thriving community with endless possibilities. Whether you're a family, young professional, or simply looking for a change of scenery, this property has something for everyone. Don't miss out on this chance to own a piece of Coquitlam West's history. Contact me today to schedule a viewing!