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$425,000

112 1000 KING ALBERT AVENUE

Coquitlam · MLS® R3138004

1 bed · 1 bath · 637 sq ft · 1 parking

Condo · Single Family · built 1970 · 110 days on market

Listed by Desi Louvris, Sutton Group-West Coast Realty

Realtor's description

Amazing location! Spacious 1-bedroom, 1-bathroom home with a functional layout in original condition, offering a fantastic opportunity to renovate and make it your own. Ideally located across from Blue Mountain Park in desirable Central Coquitlam, with a peaceful green outlook. Includes 1 parking stall and 1 storage locker. Walk to Austin Heights shops, cafes, restaurants, banks, and everyday amenities. Bus transit is just steps away, with direct service to Lougheed SkyTrain and Coquitlam Central Station. Quick access to major routes makes commuting easy. An excellent opportunity for first-time buyers, downsizers, or investors. OPEN HOUSE: SUNDAY October 11 from 12:30 to 2:30 OCTOBER 4TH, 12:30-2:30

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 637 sq ft
Parking: 1
Year built: 1970
Property tax: $1,378 / yr
Strata fee: $375 / mo ($0.59 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 110
MLS®: R3138004

Features

Central location
Pets Allowed With Restrictions

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-15%)

2026 assessment: $369,200 · asking is +15%
Price per sq ft: $667 vs $786 median for condos in Coquitlam for sale (513)

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 110 days · no price changes so far

The market here

Listed now: 44 days; median for 513 condos for sale; this one 110 days

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

Monthly cost

$2,342/mo

Mortgage $1,852 · Tax $115 · Strata $375

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

estimated payment

$1,852/ monthly

loan $340,000

25-year amortization

down payment20% · $85,00020%+ 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: $215,505
property transfer tax: $6,500; BC general rate
cash to close: $91,500; down + PTT
total paid: $555,505

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: −$805/mo
Cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,852 · tax $115 · strata $375 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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