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$415,000

110 2231 WELCHER AVENUE

Port Coquitlam · MLS® R3156934

1 bed · 1 bath · 672 sq ft · 1 parking

Condo · Single Family · built 1993 · 49 days on market

Listed by Colin Thornton, Royal LePage Elite West

Well kept Garden level 1 bed at Place on the Park. Facing the quiet side of the building and overlooking Elks Park for peace and privacy. Functional layout with a large primary bedroom, walkthrough closets to a 4 piece ensuite. Kitchen looks out to a spacious dining and living room area with gas fireplace and access to private covered patio! Easily access the park, great for pet owners! Engineered hardwood and Fresh Paint throughout! Generously sized laundry room. Rainscreened building. 1 parking and storage locker included. Fantastic location, short walk to West Coast Express, the new rec centre, connected to downtown via The Donald pedestrian and bicycle pathway. Plus proactive, well-managed Strata! OPEN HOUSE SATURDAY OCT 3, 1:00 - 3:00 PM

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 672 sq ft
Parking: 1
Year built: 1993
Property tax: $1,603 / yr
Strata fee: $314 / mo ($0.47 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 49
MLS®: R3156934

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-7.2%)

Price per sq ft: $618 vs $666 median for condos in Port Coquitlam for sale (136)

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.

Central location
Private setting
Elevator
Wheelchair access
Pets Allowed With Restrictions
All

On market 49 days

Listed now: 29 days; median for 136 condos for sale; this one 49 days

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

FloodplainYes
This address is within a designated floodplain on the provincial floodplain maps (Coquitlam River). Local rules can set things like minimum floor heights; the municipality can confirm what applies.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,256/mo

Mortgage $1,808 · Tax $134 · Strata $314

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

estimated payment

$1,808/ monthly

loan $332,000

25-year amortization

down payment20% · $83,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $210,435
property transfer tax: $6,300; BC general rate
cash to close: $89,300; down + PTT
total paid: $542,435

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.

Rent: $1,708/mo
After all costs: −$720/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,808 · tax $134 · strata $314 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Port 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

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