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$689,000

113 2960 PRINCESS CRESCENT

Coquitlam · MLS® R3171915

All units at 2960 Princess Cres →

2 bed · 2 bath · 1,220 sq ft · 2 parking

Condo · Single Family · built 1993 · 7 days on market

Listed by Jay J Lee, Sutton Group-West Coast Realty (Langley)

Realtor's description

Experience stylish urban living at The Jefferson in the heart of Coquitlam! This impressive 1,200 SQFT loft-style townhouse offers 2 bedrooms + 2 bathrooms with a spacious, functional layout and the convenience of two separate entrances - one directly from the street and another from within the building. The main level features a bright and generous living area with a cozy gas fireplace, a well-appointed kitchen with ample cabinetry, and a spacious dining area perfect for entertaining. The primary bedroom offers a private retreat complete with a large ensuite and walk-in closet. Step outside to your expansive ground-level patio, providing the perfect space for outdoor dining, relaxing, or entertaining. Complete with 2 parking stalls + 1 storage locker. UNBEATABLE LOCATION!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,220 sq ft
Parking: 2
Year built: 1993
Property tax: $2,042 / yr
Strata fee: $791 / mo ($0.65 / sq ft)
Days on market: 7
MLS®: R3171915

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

Price check

Below typical for the area (-28%)

2026 assessment: $678,000 · asking is +1.6%
Price per sq ft: $565 vs $788 median for condos in Coquitlam for sale (505)
Last sold: $635,000 · May 6, 2024

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 7 days · no price changes so far

The market here

Listed now: 43 days; median for 535 condos for sale; this one 7 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$678,000	$2,612
2025	$708,000	$2,488

Estimated tax up 5.0% from 2025 to 2026.

The listing shows $2,042 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

$3,963/mo

Mortgage $3,002 · Tax $170 · Strata $791

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

estimated payment

$3,002/ monthly

loan $551,200

25-year amortization

down payment20% · $137,80020%+ 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: $349,372
property transfer tax: $11,780; BC general rate
cash to close: $149,580; down + PTT
total paid: $900,572

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: −$1,997/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,002 · tax $170 · strata $791 · 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