$1,588,000

621 ARROW LANE

Coquitlam BC V3K 7C6 - Coquitlam West

About This Property

William Wright Commercial is proud to present the opportunity to acquire prime development land within the Burquitlam-Lougheed Neighbourhood Plan, designated for medium-density residential apartments with a density of up to 2.5 FSR Currently zoned R-3, permitting fourplex development, the property offers flexibility to pursue a fourplex project or hold for…

Property Details

MLS NumberR3175042
Lot Size10,291 sqft
Days on Market27
StatusActive
Listed ByWilliam Wright Commercial Real Estate Services

School Catchment

Elementary Alderson Elementary
Middle École Maillard Middle
Secondary Centennial Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$73,500Median household income
48.5%Owner-occupied
19.8%Single-detached homes
2.3Avg household size
39.6Median age
41.1%Bachelor's degree or higher (25-64)
51%Commute under 30 min
73.9%Drive to work
47.4%Foreign-born residents
7,815Neighbourhood population

Age

Under 15: 12.7%15 to 64: 70%65 and over: 17.3%
  • Under 1512.7%
  • 15 to 6470%
  • 65 and over17.3%

Household size

  • 1 person33.6%
  • 230.3%
  • 316.3%
  • 413.2%
  • 5 or more6.6%

Language spoken at home

40.9% English mother tongue

  • Korean13.9%
  • Mandarin6.7%
  • Cantonese5.3%
  • English + other4.4%
  • Farsi3.8%
  • Tagalog2.9%
  • All others22.1%

Mother tongue, share of 7,695 residents.

How this pocket differs

  • fewer Mandarin speakers than Coquitlam West 6.7% vs 9.1%
  • more Farsi speakers than Coquitlam West 3.8% vs 3.1%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size10,289 sqft
Lot dimensions95 × 219 ft
Lot shapeIrregular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $8,336
Mortgage payment$7,396
Property tax$780
Home insurance$160
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 30

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