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$400,000

111 1655 Grant Avenue

Port Coquitlam · MLS® R3151189

All units at 1655 Grant Ave →

1 bed · 1 bath · 780 sq ft · 1 parking

Condo · Single Family · built 1995 · 72 days on market

Listed by Mehdi Shamei, Parallel 49 Realty

Realtor's description

Welcome to the Benton! One of the rarest unit in the whole complex! OVER SIZED 782 SF 1-BEDROOM condo with a Large 252 SF private wrap around patio located on a Bright, secure, and convenient garden level. Bring all your house sized furniture. You can fit a king-sized bed, side tables and a dresser in the master bedroom. Enjoy a natural gas fireplace in the living room and a large working kitchen and dining area. The suite comes complete with insuite laundry, laminate throughout the main living area, new paint, cheater ensuite, plenty of insuite storage, a separate locker, one parking stall and security system . This is an amazing opportunity to grab!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 780 sq ft
Parking: 1
Year built: 1995
Property tax: $1,524 / yr
Strata fee: $350 / mo ($0.45 / sq ft)
Strata rules: Pets Allowed
Days on market: 72
MLS®: R3151189

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

Features

Elevator
Pets Allowed
All

Price check

Below typical for the area (-23%)

2026 assessment: $444,000 · asking is -9.9%
Price per sq ft: $513 vs $666 median for condos in Port Coquitlam for sale (141)

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 72 days · no price changes so far

The market here

Listed now: 32 days; median for 145 condos for sale; this one 72 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$444,000	$1,676

The listing shows $1,524 a year in property tax.

Estimate: the BC Assessment value times Port 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

$2,219/mo

Mortgage $1,743 · Tax $127 · Strata $350

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

estimated payment

$1,743/ monthly

loan $320,000

25-year amortization

down payment20% · $80,00020%+ 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: $202,828
property transfer tax: $6,000; BC general rate
cash to close: $86,000; down + PTT
total paid: $522,828

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: $1,708/mo
After all costs: −$683/mo
Cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,743 · tax $127 · strata $350 · 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