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$599,000

1009 901 Lougheed Highway

Coquitlam · MLS® R3160063

All units at 901 Lougheed Hwy →

2 bed · 1 bath · 681 sq ft · 1 parking

Condo · Single Family · built 2023 · 40 days on market

Listed by Giovanni Ciliberto, Royal LePage Sussex

Realtor's description

Welcome to LOMA in the heart of Mailardville. This spacious and affordable 2 bedroom, 1 bath, home offers a functional modern layout complemented by expensive floor to ceiling windows, tons of natural light, and impressive city and Fraser River views. The interior features air conditioning, a sleek kitchen with built-in Bosch appliances, elegant finishes throughout, and an efficient floor plan. Enjoy a wide variety of building amenities. Conveniently located with easy access to Sky Train, Highway 1, shopping, dinning, and other amenities. Includes 1 parking and 1 storage locker. An excellent opportunity in a newly built concrete high-rise with space, views, and convenience.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 681 sq ft
Parking: 1
Year built: 2023
Property tax: $2,380 / yr
Strata fee: $531 / mo ($0.78 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 40
MLS®: R3160063

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Above typical for the area (+12%)

2026 assessment: $642,000 · asking is -6.7%
Price per sq ft: $880 vs $786 median for condos in Coquitlam for sale (510)
Last sold: $625,695 · Sep 8, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 40 days · no price changes so far

The market here

Listed now: 39 days; median for 545 condos for sale; this one 40 days

Condos in Coquitlam. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$642,000	$2,473

The listing shows $2,380 a year in property tax.

Estimate: the BC Assessment value times Coquitlam's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$3,339/mo

Mortgage $2,610 · Tax $198 · Strata $531

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,610/ monthly

loan $479,200

25-year amortization

down payment20% · $119,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $303,736
property transfer tax: $9,980; BC general rate
cash to close: $129,780; down + PTT
total paid: $782,936

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $2,175/mo
After all costs: −$1,373/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,610 · tax $198 · strata $531 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Coquitlam (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca