Coquitlam Real Estate
Coquitlam, BC is one of the most perfect places to live anywhere in the Pacific Northwest being located within a short drive of Downtown Vancouver and also situated in close proximity to the City of Burnaby. This very picturesque and functional city is well connected to the rest of Canada and the US via a network of road and rail transport systems. This fast developing and rapidly growing city has a population of over 139,000 people and as a bedroom community of Greater Vancouver Area, Coquitlam Real Estate provides not only an ideal place to live but also an ideal place for property investments.
Fast Developing Coquitlam Life
In terms of Real Estate, Coquitlam offers the usual mixture of attached and semi detached homes , apartments and condos with most of the older residences in the city being located on "The Bump", also known as Austin Heights. Most of the properties in Austin Heights have larger lot sizes so if you're interested in a home which is physically large then add this area to your viewing list.
Right now detached homes start at $900,000 plus which is mainly the land value. More or less livable homes will be close to $1,100,000 and up. Coquitlam Real Estate is on the rise with a number of recent luxury condo developments in the heart of the city. Since this is a bedroom community, well over 60% of the population commutes to work towards Vancouver each day, so there is always a strong demand for property here.
“In-House” Employment Option
The biggest employers in Coquitlam include the City of Coquitlam itself and the School District - these 2 alone are responsible for around 3,500 jobs in the city. Other major employment prospects for people looking to relocate here include retail, financial services, hospitality and manufacturing industry. Major brand names operating within the city boundaries include IKEA, The Home Depot, Coca Cola and Rolls Royce Canada among many others.
Outstanding Transportation System
The Evergreen Line is an 11-kilometre extension to the existing SkyTrain system in Metro Vancouver has had a huge impact on Real Estate values in Coquitlam since it was built in 2016. It became more desirable destination for home buyers due to its closer proximity to Vancouver easy commute to work. Coquitlam is connected to Vancouver, Port Coquitlam, and other Metro Vancouver areas by effective Translink bus service and West Coast Express that makes a stop in Coquitlam Central Station providing commuters with a very quick and cost effective way of reaching Downtown Vancouver.
The City Of Outdoor Oriented Activities
As you would expect Coquitlam also has plenty of green spaces for you to enjoy with family and friends with well over 2,000 acres of green space in and around the city itself. In fact, the city operates more than 80 different parks, including local favourites like Mundy Park, Glen Park, Ridge Park and Blue Mountain Park for example. There are also plenty of freshwater activities to enjoy like fishing and kayaking, plus let's not forget great golf courses in the area such as Westwood Plateau Golf Academy and Vancouver Golf Club in Austin Heights. Most shopping options are catered for by Coquitlam Centre Mall and Lougheed Town Centre Mall but there is also a large number of strip malls throughout the city.
Education Comes First
Being a family-focused city, it provides a number of schools for your kids to attend in the School District (#43). There are dozens of elementary schools to choose from and some excellent secondary schools. You'll also find plenty of post-secondary education options available to you in or nearby the city including Douglas College for vocational training, Simon Fraser University (SFU) and British Columbia Institute of Technology (BCIT) in nearby Burnaby.
If you're interested in discovering more about the types of Coquitlam Real Estate, why not give us a call today to discuss the type of property you're looking for?