525 Brookmere Ave, Coquitlam, BC, MLS® R3056592

$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
4 Beds
2 Baths
1 Stories
lot 7448 sqft
2207 sqft
1954 built
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Photos
Map
Street view
Schools
Crime
Commute
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525 Brookmere Ave, Coquitlam, BC | MLS® R3056592 Property Details

ATTN DEVELOPERS & INVESTORS - Discover an exceptional investment opportunity in Coquitlam West! This 4-bed, 2-bath home sits on a 7400+sq. ft. lot 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 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2207
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® # R3056592
Area Coquitlam
Neighbourhood Coquitlam West
City Coquitlam
Gross Taxes $6,351.99
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
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 -
Sewer Public Sewer, Sanitary Sewer
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
1.41 km
Secondary
Coquitlam College
0.11 km

Closest Transit

Bus Stop
Northbound North Rd @ Austin Ave
0.2 km
Skytrain
Skytrain @ Lougheed Stn
0.51 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 Brookmere Avenue, Coquitlam, BC - MLS# R3056592

As we walk through the charming neighborhood surrounding 525 Brookmere Avenue, you'll notice a strong sense of community and a tranquil atmosphere. Let's start with the local schools that make this area an excellent choice for families.

Top-Rated Schools

Our Lady of Fatima School, rated 8.9/10, is just a 1.41 km walk from this beautiful home. This elementary school is a gem in the community, providing a well-rounded education that prepares students for success. Just down the road, Coquitlam College, a secondary independent school with no rating, is conveniently located at 0.11 km from this home, offering students a range of academic and extracurricular opportunities.

Safety First

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. Compared to other Canadian cities, this rate is significantly lower, providing peace of mind for residents. The year-over-year change in the total crime rate is a remarkable -12.53%, demonstrating a consistent decline in crime in the area.

Drug Crime Rate

The drug crime rate next to this listing, MLS# R3056592, is Average compared to other neighborhoods. With a rating of 211.39 and 323 incidents in 2020, this is a stable and secure environment for families. The year-over-year change in the illegal substances offenses ranking is a positive -6.89%.

Property Crimes

Property crimes in this neighborhood are also Below Average, with a rating of 2,738.96 and 4,185 incidents in 2020. This is a testament to the community's strong sense of security and respect for one another's property. The year-over-year change in the property misconduct rate is a notable -18.08%.

Violent Crime Rate

The violent crime rate in this area is Low, with 825.29 incidents per 100,000 population in 2020. This is an excellent indication of the neighborhood's safety and stability. The year-over-year change in the violent crime rate is a modest 2.99%.

Convenient Transit Options

The closest Bus station, Northbound North Rd @ Austin Ave, is just 0.2 km away from this listing, making it easy to get around the city without a car.

Demographics

This neighborhood is home to a diverse range of residents, with 26.8% holding a university certificate/degree, which is Above Average compared to other BC neighborhoods. On the other hand, 13.2% of the population has no certificate or degree, which is Below Average compared to the average in BC.

Economic Indicators

The median household income in this neighborhood is $58,453, which is Below Average compared to the British Columbia average. The median personal income is $27,380, also Below Average compared to the BC average. However, 52.6% of households in this area have a mortgage, which is Below Average.

Unemployment Rate

The unemployment rate in this area is 7.1%, which is Below Average compared to other province neighborhoods.

Population Growth

The population change between 2011 and 2016 was 1.6%, which is Average compared to the average growth rate of this region.

Population Density

The population density per square kilometer in this community is 3,333, which is Above Average.

Family Dynamics

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 neighborhood have children, which is Above Average. On the other hand, 54.7% of residents are married or living common law, which is Below Average.

Age Distribution

The average age of the population in this area is 39.9, which is Below Average compared to other BC cities.

Real Estate Context

The average value of dwellings in this neighborhood is $831,557, which is High compared to other areas in British Columbia. Average owner payments are Above Average in this area, with owners spending $1,341 on average for their dwellings. Tenants, on the other hand, are paying $1,081, which is Average compared to other cities.

Language and Transportation

43.6% of the population in this area are renters, which is Above Average compared to other BC cities and areas. However, 7.6% of the population speaks neither English nor French, which is High compared to other BC cities. The majority of residents use public transportation (31%), while 62.6% use cars, which is Low. 1.3% of residents use bicycles, which is Average

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 $1,590,656
Coquitlam West $1,866,372
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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