113 618 Como Lake Avenue

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$458,000

113 618 Como Lake Avenue

Coquitlam · MLS® R3146383

all units at 618 Como Lake Ave →

111

589 sq ft · Condo · Single Family · built 2014 · 104 days on market

listed by Ken Liu, Pacific Evergreen Realty Ltd.

realtor's description

Great Opportunity for first-time buyers. EMERSON by MOSAIC. Sunny open layout, one bedroom ground floor with a spacious 13' x 6'6 south facing private patio. Galley style kitchen with full size stainless steel appliances and composite stone counter tops. Spacious bedroom complete with a walk in closet. Bathroom features a soaker tub/shower head with lots of counters. Bright open concept floor plan make this the perfect starter home or investment property. Includes 1 parking and 1 storage locker. This is the perfect location for shopping and transit. Bus, Evergreen Line SkyTrain, shops, parks, golf, Safeway, Burquitlam Plaza and Lougheed Mall within minutes. Photos digitally enhanced (colour/lighting) and decluttered. Buyer to verify condition.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 589 sq ft
parking: 1
year built: 2014
property tax: $1,782 / yr
strata fee: $289 / mo ($0.49 / sq ft)
days on market: 104
MLS®: R3146383

features

Elevator

the market here

listed now: 48 days; median for 507 condos for sale; this one 104 days

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

property tax by year

year	assessed	est. tax
2026	$471,000	$1,814
2025	$507,000	$1,782

Estimated tax up 1.8% from 2025 to 2026.

The listing shows $1,782 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

$2,433/mo

Mortgage $1,995 · Tax $149 · Strata $289

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

estimated payment

$1,995/ monthly

loan $366,400

25-year amortization

down payment20% · $91,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $232,239
property transfer tax: $7,160; BC general rate
cash to close: $98,760; down + PTT
total paid: $598,639

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $1,960/mo
after all costs: −$664/mo
cap rate: 3.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,995 · tax $149 · strata $289 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Coquitlam: CMHC's average there ($1,708) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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