coquitlam Real Estate & Homes For Sale
Coquitlam rests within the Lower Mainland of British Columbia, standing as the province's fifth largest city, situated about 10 to 15 km east of Vancouver. Covering an area of 152.5 sq km, it holds the distinction of being the largest among the Tri-Cities. Coquitlam's geography is characterized by two sizable land parcels, linked by a slender portion, forming an almost hourglass-like shape.
To the north lie Burke Mountain, Eagle Ridge, Coquitlam Lake, and Coquitlam Mountain. The western portion of the upper parcel hosts the Anmore community within Westwood Plateau. On the eastern side, the upper parcel follows the Pitt River's western banks. Highway 7A traverses the central narrow section of Coquitlam, neighboring Port Moody to the west and Port Coquitlam to the east. To the west of the lower parcel lies the City of Burnaby, while Port Coquitlam sits to the east. New Westminster is positioned to the southwest, while the city extends along the Fraser River's northern banks to the south, with Surrey lying across the river.
Coquitlam Homes For Sale
- All Listings
- $900,000 - $1,000,000
- Over $1,000,000
Designated as the "Regional Town Centre" in the Metro Vancouver Livable Region Strategic Plan, Coquitlam Town Centre is envisioned to evolve into the city's strategic nucleus. It will feature a high concentration of high-density housing and offices, complemented by cultural, entertainment, and educational facilities, all interconnected by the TransLink rapid transit service. Essential public buildings like City Hall, the RCMP station, Coquitlam Library, and various recreational amenities are nestled within the Town Centre, including the renowned Town Centre Park.
Southwest Coquitlam encompasses the original city core, encompassing the Maillardville and Fraser River industrial areas, along with the expansive residential regions of Austin Heights. Austin Heights stands out as Coquitlam's historic walkable neighborhood, boasting a diverse array of businesses along Ridgeway and Austin Avenues. The area offers an assortment of shops, restaurants, and services, with the residential segment characterized by older homes on spacious lots gradually giving way to larger modern houses.
In the Westwood/Burke area, urban development has increasingly gravitated towards Burke Mountain over the past decade, following the completion of Westwood Plateau's development. The Mundy/Cape Horn neighborhoods, including Ranch Park, Meadow Brook, Coquitlam East, and Cape Horn, are family-oriented locales, known for their proximity to transit, shopping amenities, and overall value.
Coquitlam offers a spectrum of housing options, ranging from upscale apartments and executive homes to more modest dwellings like smaller houses, duplexes, and a limited selection of townhomes and condominiums.
Established around 1889, Coquitlam began to coalesce as a community primarily due to the endeavors of Frank Ross and James McLaren and their pivotal mill, Fraser Mills. The city's rich history includes a significant influx of French Canadian mill workers in 1910, shaping what is now the vibrant Malliardville area. Notably, Coquitlam once boasted the largest concentration of Francophones in Western Canada.
Renowned for its abundant green spaces, Coquitlam boasts a staggering 80 municipal parks. In 2009, it earned the distinction of being designated a Cultural Capital of Canada by the Department of Canadian Heritage. With a population of 150,144 as of 2019, Coquitlam has experienced notable growth, particularly between 2011 and 2016, registering a 9.8% increase. It remains a family-centric city, with a median age of 41.1, and single-family houses with four or more bedrooms are in high demand. The city's growth surged notably between the 1960s and 1980s, with 27.34% of homes constructed during that period.
Coquitlam enjoys a warm and temperate climate, classified as Cfb under the Köppen-Geiger system. It ranks among the warmest regions in Canada, with an average mean annual temperature of 10.2°C (50.4°F). July stands as the warmest month, with average temperatures around 17.7°C, while January typically sees the lowest temperatures, averaging 1.7°C. The city receives an average annual precipitation of 1,969 mm (77.5 in), with orographic precipitation contributing to its lush environment. Snowfall averages around 64.4 cm annually.
Employment Opportunities
Employment opportunities in Coquitlam are diverse, with a median household income of $74,383 and an unemployment rate of 6.1% as per the 2016 census. While it's still primarily a bedroom community, a burgeoning and varied business community is fueling job creation and economic expansion. Major employers in Coquitlam include the City of Coquitlam, Art in Motion, Coca-Cola, Sony, and Rolls-Royce's Marine Propulsion division.
The city's key business sectors encompass Professional Services, Retail/Wholesale Trade, Manufacturing, Technology, Public Administration, Transportation, and Construction. Professional services, in particular, account for a significant portion of Coquitlam's labor force, spanning industries such as accounting, education, finance, healthcare, and real estate. Retail and wholesale trade remain robust, supported by population growth and increased investment.
Manufacturing holds a notable presence in Coquitlam, with many firms exporting products globally to destinations including the United States, Europe, Asia, and Mexico. The city's technology sector is also on the rise, contributing 7.6% to British Columbia's economy, encompassing clean-tech, digital media, wireless technology, health and life sciences, and ICT businesses.
Education
Education in Coquitlam is well-structured, with School District #43 ranking as British Columbia's third-largest school district, serving over 30,000 students. The district boasts the largest international educational program in Canada, accommodating more than 1,500 students. Educational offerings range from kindergarten to grade 12, with French immersion programs available at select elementary and middle schools.
For post-secondary education, Coquitlam provides various options, including Coquitlam College, Concordia International College, Vancouver Career College - Coquitlam, and the David Lam Campus of Douglas College. Additionally, students can access institutions like the British Columbia Institute of Technology (BCIT) and Simon Fraser University (SFU) in neighboring Burnaby, or the University of British Columbia (UBC) in Vancouver.
Shopping/Dining
Shopping and dining options abound in Coquitlam, with prominent shopping centers like Coquitlam Centre and Henderson Place Mall catering to diverse tastes and preferences. The culinary scene is equally vibrant, offering a plethora of eateries ranging from casual diners to fine dining establishments specializing in various cuisines, including Asian, Mediterranean, and traditional Western fare.
Transportation
Transportation infrastructure in Coquitlam is robust, with a majority of residents relying on personal vehicles for commuting. However, the city is well-connected via public transit, with major hubs like Coquitlam Central Station and Lougheed Town Station providing access to TransLink buses, SkyTrain, and the West Coast Express commuter train. Coquitlam's strategic location within Metro Vancouver ensures convenient access to major transportation networks, including highways, airports, ports, and the US border.
Arts and Entertainment
Coquitlam boasts a vibrant arts and entertainment scene, with venues like the Evergreen Cultural Centre, Place des Arts, and the Coquitlam Heritage Society contributing to the city's cultural richness. Residents and visitors alike can enjoy a wide range of performances, exhibitions, workshops, and educational programs, fostering a deep appreciation for the arts within the community.
Sports and Recreation
For sports and recreation enthusiasts, Coquitlam offers an extensive network of parks, trails, and recreational facilities, catering to various interests and skill levels. From expansive parks like Town Centre Park to scenic trails in Minnekhada Regional Park and Mundy Park, there's no shortage of outdoor activities to enjoy. Sports facilities include tennis courts, golf courses, swimming pools, and sports fields, providing ample opportunities for active living.
Investing in Coquitlam
Investment prospects in Coquitlam are promising, driven by the city's strategic location, robust economy, and quality of life amenities. With its green spaces, cultural offerings, educational institutions, and transportation infrastructure, Coquitlam continues to attract both residents and investors seeking a dynamic and thriving community to call home.
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