532 Perth Ave, Coquitlam, BC, MLS® R3059198

$2,200,000
Est. Mortgage /mo

NEW

$2,200,000
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
5 Beds
3 Baths
2 Stories
lot 9240 sqft
2944 sqft
1962 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

532 Perth Ave, Coquitlam, BC | MLS® R3059198 Property Details

An impeccable investment opportunity for either an investor or an owner-occupier looking for a property with development viability. This large, 2,944 SQFT home is almost 100% renovated, with the last major renovations occurring in 2016 and 2018. A beautifully renovated kitchen w/ upgraded appliances, quartz counter-tops, upgraded flooring throughout the house, a hot-tub, renovated bathrooms, a massive room for a home gym, a solarium, and much more. Designated as Park to facilitate high-rise development. Any high-rise development in this area MUST include a park-designated property, providing all parties with high-rise value. Currently tenanted M-T-M providing instant rental income. A massive amount of the development value is being left on the table. Priced $200,000.00 under BC Assessment.

General Info

Price $2,200,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2944
Lot Size 9240
Lot Size Depth Feet
Lot Size Frontage 66
Basement Finished, Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1962
Age Of Building 63
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave, Oven, Range Top
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3059198
Area Coquitlam
Neighbourhood Coquitlam West
City Coquitlam
Gross Taxes $7,450.42
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 3
Heating Type Forced Air, Natural Gas

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 Carport Multiple, RV Access/Parking, Front Access, Side Access, Asphalt
Total Parking Spaces 9

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Tile, Vinyl, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal

Property History

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Status Date Price
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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
1.53 km
Secondary
Coquitlam College
0.35 km

Closest Transit

Bus Stop
Northbound North Rd @ Cameron St
0.22 km
Skytrain
Skytrain @ Lougheed Town Centre Station
0.75 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 532 Perth Avenue, a beautiful home in the heart of Coquitlam, BC, listed as MLS® R3059198. As we walk through this stunning property, I want to share with you some of the exciting features and benefits that make this area truly special.

First, let's talk about the schools. Our Lady of Fatima School, located just 1.53 km away, is an excellent choice for families, with a rating of 8.9/10. This school is known for its strong values and commitment to academic excellence, making it a top pick for parents in the area.

If you're looking for a secondary school, Coquitlam College is just a short 0.35 km away, with no rating available. However, this school is highly regarded for its diverse programs and supportive community, making it an ideal choice for students of all ages.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has a Below Average crime rate, with 5,163.13 incidents per 100,000 population. This means that residents can enjoy peace of mind, knowing that their community is a safe and secure place to live.

Breaking down the crime statistics further, we see that the drug crime rate is Average, with a rating of 211.39 and 323 incidents in 2020. The year-over-year change in the illegal substances offences ranking is -6.89%, indicating a decrease in this type of crime.

Property crimes in the area are also Below Average, with a rating of 2,738.96 and 4,185 incidents in 2020. The year-over-year change in the property misconduct rate is -18.08%, showing a significant decrease in this type of crime.

Violent crimes in the area are Low, with a rating of 825.29 and 1,261 incidents in 2020. This is a testament to the strong community spirit and commitment to public safety in this neighborhood.

When it comes to transportation, the closest Bus station, Northbound North Rd @ Cameron St, is just 0.22 km away from this home, making it easy to get around without a car.

Now, let's talk about demographics. This neighborhood is home to a diverse population, with 26.8% of residents holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. However, 13.2% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income in this area 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. Additionally, 52.6% of households in this area have a mortgage, which is Below Average.

Unemployment rates in this area are also Below Average, at 7.1%. This is a great sign for job seekers and businesses in the area.

In terms of population growth, this area has seen an average growth rate of 1.6% between 2011 and 2016, which is Average compared to the average growth rate of the region.

The population density in this area is 3,333 people per square kilometer, which is Above Average. 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. Additionally, 54.7% of residents are married or living common law, which is Below Average.

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

When it comes to real estate, the average value of dwellings in this area is $831,557, which is High compared to other areas in British Columbia. However, the average owner payments are Above Average, with owners spending an average of $1,341 on their dwellings. Tenants are paying an average of $1,081, which is Average.

Finally, 43.6% of the population in this area are renters, which is Above Average compared to other BC cities and areas. The majority of residents in this area speak English only, with 87.1% of residents speaking English as their primary language. However, 7.6% of residents speak neither English nor French, which is High compared to other BC cities.

Overall, 532 Perth Avenue is a fantastic choice for anyone looking for a safe, diverse, and community-oriented neighborhood to call home. With its excellent schools, low crime rates, and easy access to transportation, this area has something for everyone.

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 $2,200,000
Coquitlam $1,511,615
Coquitlam West $1,565,000
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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