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$499,900

101 601 NORTH ROAD

Coquitlam · MLS® R3165539

2 bed · 1 bath · 977 sq ft · 1 parking

Condo · Single Family · built 1977 · 24 days on market

Listed by Ryan Hartt, eXp Realty

Realtor's description

Investment Opportunity - 2 Bed, 1 Bath | 900+ Sq Ft Welcome home to this beautifully updated first-floor condo, offering over 900 square ft of comfortable living space. This unit is thoughtfully finished throughout with wide plank laminate flooring and classy accent wall features that add character to the living room area. The kitchen is a true highlight, featuring sleek quartz countertops and stainless steel appliances-perfect for everyday cooking and casual entertaining alike. The large living room provides an inviting space ideal for gatherings, while the spacious dining room makes hosting friends and family effortless. The location delivers-situated close to all shopping, restaurants, SFU, and recreation, with easy access to the highway and SkyTrain for a quick, convenient commute. Potential building development site since close to the Sky Train station. Move-in ready and designed for modern living, this is an opportunity you don't want to miss! Open House October 4, 2-3:30pm

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 977 sq ft
Parking: 1
Year built: 1977
Property tax: $2,044 / yr
Strata fee: $552 / mo ($0.56 / sq ft)
Days on market: 24
MLS®: R3165539

Features

Central location

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-35%)

2026 assessment: $530,800 · asking is -5.8%
Price per sq ft: $512 vs $786 median for condos in Coquitlam for sale (510)

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 24 days · no price changes so far

The market here

Listed now: 39 days; median for 543 condos for sale; this one 24 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$530,800	$2,045
2025	$581,500	$2,044

Estimated tax up 0.0% from 2025 to 2026.

The listing shows $2,044 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

$2,900/mo

Mortgage $2,178 · Tax $170 · Strata $552

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

estimated payment

$2,178/ monthly

loan $399,920

25-year amortization

down payment20% · $99,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $253,485
property transfer tax: $7,998; BC general rate
cash to close: $107,978; down + PTT
total paid: $653,405

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: −$934/mo
Cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,178 · tax $170 · strata $552 · 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

Location

The building's lot: 3,243 m² (34,907 sq ft) · PID 001-493-515. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Cameron Elementaryhomes in this catchment
600 m away · 9540 Erickson Dr, Burnaby · 604-296-9005

From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for a 6 storey building
320 m away · 2024 · conditionally approved · 537 to 559 Appian Way & 542 to 564 Perth Ave
Construct three 6-storey wood-frame market rental Apartment buildings over two levels of underground parking.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Coquitlam development applications.

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