Westwood Plateau is your one-stop destination for everything you need. In the neighbourhood, you’ll find schools, licensed daycares and a shopping mall. Not far away are the Evergreen SkyTrain Station, West Coast Express Station, Coquitlam Centre Mall, Douglas College, Pinetree Community Centre, Coquitlam Aquatic Centre, Evergreen Cultural Centre, Town Centre Stadium, Lafarge Lake and the Coquitlam Public Library – all easily accessible from the Plateau.
At the corner of Johnson Street and Parkway Boulevard lies the Plateau Village Shopping Centre, which offers a wide range of stores and services, including an IGA Market Place, CIBC Bank and Shoppers Drug Mart, as well as a medical and dental clinic and Starbucks, Great Clips and more. Not only that, but the centre also features public tennis courts, a basketball court, playing fields, a secured dog park, an outdoor roller hockey box and picnic areas.
Average Home Prices
Westwood Plateau in Coquitlam has drawn many hearts, as the saying goes. Condos, townhouses, and detached homes are available for sale or rent. Knowing what each property type costs can help buyers choose the best option for their needs and budget. Here are Westwood Plateau and Coquitlam’s average home prices.
In 2023, the average price of a home is $2,477,259 CAD.
Westwood Plateau condos/townhomes have a median list price of $1M, while detached houses start at over $1.7 million. Townhouse prices in Coquitlam’s neighbourhoods are also lower than those in Port Moody and Burnaby.
Since many homeowners use mortgages, monthly costs are just as important as upfront purchase prices. Most listings fall below Canada Mortgage and Housing Corporation’s (CMHC) affordability benchmark for households earning an average household income ($54K). Even though some units may sell for more due to location, views, or larger outdoor spaces, buying a place in Westwood Plateau doesn’t have to be expensive.
Coquitlam real estate prices vary by neighbourhood and property type but are generally affordable compared to nearby cities. Aspiring homeowners should consider market trends and other factors before buying a home to feel confident about their investment.
Average Townhouse Costs
Westwood Plateau Real Estate in Coquitlam has the most sought-after townhouses. These properties combine suburban life with convenience and stunning views. Westwood Plateau townhouses cost $600K to over $1 million and will appreciate over time.
In 2023, average price of a townhouse is $1,244,160 CAD.
Current real estate values suggest now is the best time to buy in this exclusive area. There are affordable options for short-term and long-term investments. Due to high demand and low inventory, townhouse prices have been rising steadily since last year, offering great opportunities for early buyers.
Many buyers are taking advantage of historically low mortgage rates and developer incentives like free upgrades and other special features. With all these factors in mind, buying a Westwood Plateau Townhome may be the best investment you make.
As with any major purchase, it’s important to do your research before committing, but with so much potential upside, Westwood Plateau Real Estate should be considered when searching for property in Coquitlam. Let’s see what condos cost…
Average Condo Costs
Condo buyers on Coquitlam’s Westwood Plateau will love the price range. There’s something for everyone, from luxury condos with mountain views to spacious, affordable units. What’s the local condo average?
The good news is that prices have remained steady over the past few years, though they vary by location and amenities. Downtown Coquitlam condos, with many amenities within walking distance, are the most expensive. Lower-priced hotels outside the city centre lack some of these benefits. However, condo prices are competitive with other Metro Vancouver cities.
Average condo price is $749,235 CAD in 2023.
Westwood Plateau’s convenience and affordability make it ideal for homebuyers! This community has something for everyone, from luxury to affordable comfort. Want to explore nearby neighbourhoods? Next!
Nearby Neighbourhoods
Westwood Plateau, atop Port Coquitlam, offers stunning views and diverse neighbourhoods. Terry Fox offers family-friendly outdoor activities. Burke Mountain offers weekend hikers lush greenery and peaceful trails. Scott Creek’s apex mountain overlooks rolling hills. Summitt Ridge has modern amenities in a traditional setting, while Vista Heights is close to shopping and restaurants. Northview Ridge is a nature lover’s paradise, while Upper Eagle Ridge has the city’s most luxurious homes. Lower Eagle Ridge is perfect for those who want more privacy but still close to local attractions. Cleveland Park is an urban oasis in this rural paradise! Westwood Plateau real estate ranks high in Coquitlam because of its many options.
Neighborhoods near Westwood Plateau, Coquitlam:
- Burke Mountain
- Eagle Ridge
- Chineside
- Westwood Plateau Village
- Canyon Springs
- North Coquitlam
- Citadel
- Harbour Chines
- New Horizons
- Westwood Plateau Estates
Renting VS Buying properties in Westwood Plateau?
In Westwood Plateau, Coquitlam, 74.4% of people own their homes while 25.6% rent. The median monthly mortgage in this area is $5,300 while the median monthly rental price is $6,400.
How many homes for sale in Westwood Plateau?
In Westwood Plateau, the average house is sold with a 99.1% ratio of listing price to selling price within 17 days of being listed on the market. Currently, there are 39 different homes for sale, comprising of 12 condos, 7 townhomes, and 20 detached houses.
How fast are homes selling in Westwood Plateau?
At Westwood Plateau, 44.4% of homes are selling in 10 days or less, and 33.3% of homes are selling above the asking price, which is higher than the Coquitlam city average.
Ranking Among Other Coquitlam Areas
It’s clear why Coquitlam’s Westwood Plateau is so popular. Families looking for the perfect home are drawn to its stunning natural beauty, convenient amenities, top-notch schools, and vibrant real estate market. Westwood Plateau consistently ranks high in Coquitlam’s price and value rankings.
Due to its high median home sale price, Westwood Plateau stands out in Coquitlam. Townhouses and condos cost more than other city properties. Townhomes cost around $800 per square foot, while condos range from $500 to $700 depending on size and location on the plateau. Westwood Plateau is appealing to buyers seeking luxury at a lower price than Port Moody or Burnaby.
As demand rises, Westwood Plateau’s market performance has improved. Despite the COVID-19 pandemic, prices have risen significantly since 2019, indicating that homeowners are confident about investing in this area. With all these factors, Westwood Plateau is Coquitlam’s most desirable location now and in the future!
Commute
Residents of Westwood Plateau may find travelling on foot difficult for carrying out day-to-day needs. Bicycling is also not very suitable due to the elevation changes and a lack of a well-developed cycling network. Driving, however, is an excellent transportation option in this part of Coquitlam with convenient parking availability. Public transit offers few choices because of its low frequency but there are a few bus lines near most homes.
Amenities
Within walking distance of the majority of properties in this area are primary schools, making it an ideal location for parents and their kids. However, reaching high schools by foot may prove difficult. Shopping options include a nearby supermarket that is accessible on foot for some residents, as well as a few restaurants and coffee shops.
Characteristics
Residents of Westwood Plateau can easily access parks, as there are a total of 20 located within close proximity. In addition to the convenience of being able to get to these green spaces, most homes have one just a short walk away. The area is also known for its peacefulness, with low levels of traffic noise providing a relaxing atmosphere that would be ideal for those seeking a tranquil lifestyle.
Frequently Asked Questions
What Schools Are Located In Westwood Plateau?
Westwood Plateau schools are in demand as Coquitlam’s population grows.
Several top-ranked public schools serve students from kindergarten to grade 12. Eagle Mountain Middle School, Meadowbrook Elementary, and Hillcrest Middle School are popular. Heritage Woods Secondary, Chineside Secondary, and Gleneagle Secondary also provide a well-rounded education. SFU and Douglas College offer affordable post-secondary education nearby.
Private academies offer specialized learning outside of traditional schooling! St. John’s Catholic School and British Columbia Christian Academy are religious faith-based schools, while L’Ecole Bilingue De Vancouver teaches French and English. Westwood Plateau families have many educational options to suit their needs.
What’s the average downtown Vancouver commute?
SkyTrain and bus routes along Lougheed Hwy/Lougheed Mall provide direct access in 1 hour 15 minutes, depending on stops and connections. Coquitlam has many bike lanes for a scenic ride into town, but allow extra time!
Are There Parks Or Recreational Facilities?
Looking for the perfect spot to spend an afternoon with family and friends? Westwood Plateau Real Estate in Coquitlam has a special offer for you. Dog parks, tennis courts, soccer fields, and golf courses are nearby to entertain everyone.
There are many places you can go to:
- Como Lake Park
- Mundy Park
- Blue Mountain Park
- Town Centre Park
- Como Creek Park
- Colony Farm Regional Park
- Lafarge Lake
- Westwood Plateau Golf & Country Club
- Hyde Creek Recreation Centre
- Art Knapp Place Coquitlam
Westwood Plateau has hiking trails, walking paths, playgrounds, skate parks, disc golf, and picnic areas for all ages. Weekends, holidays, and days off from school are full of fun activities with so many nearby options.
Is Public Transit Available?
Coquitlam has many convenient bus routes and SkyTrain stations to Vancouver’s downtown core. Westwood Plateau residents have all these options, making commuting faster and easier than ever. Coquitlam Transit also offers bike share and carpooling to residents.
Public transportation should be considered when buying Westwood Plateau real estate. Traveling is easy with buses, SkyTrains, and more! Public transportation is also environmentally friendly. What’s better than saving time, money, and carbon?
Buy And Sell With Us!
Westwood Plateau is ideal for those who want to escape downtown Vancouver. It’s close enough to enjoy city life but far enough to enjoy suburban peace and quiet. Top-notch schools, parks, and public transit make commuting easy.
The real draw is its low crime rate—one of Coquitlam’s safest neighbourhoods! This makes it ideal for families raising children or retirees who want to relax without safety concerns. You can’t go wrong choosing Westwood Plateau as your next home with all its other benefits.
Westwood Plateau offers urban convenience and suburban serenity near Vancouver.
