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$649,000

120 2970 PRINCESS CRESCENT

Coquitlam · MLS® R3156766

All units at 2970 Princess Cres →

2 bed · 2 bath · 1,184 sq ft · 2 parking

Condo · Single Family · built 1995 · 52 days on market

Listed by Brian Kim PREC*, Sutton Group - 1st West Realty

Realtor's description

Welcome to this unique two-level townhouse-style condo in the heart of Coquitlam Centre! This well-maintained 2-bedroom, 2-bathroom home offers a functional and Spacious layout in a quiet, safe, and thoughtfully planned community. The main floor features a generous living room with a cozy gas fireplace, a separate dining room, and a dedicated eating area--an ideal setting for both everyday living and entertaining. Upstairs, you'll find two spacious bedrooms, including a primary bedroom with a large walk-in closet, providing excellent privacy and comfort. Enjoy outdoor living on your spacious private patio, perfect for summer BBOQs/ Ideally located just steps from Skytrain Station, Coquitlam Aquatic Centre, Lafarge Lake, Coquitlam Centre and more. BONUS:2 parking stalls and a storage locker

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,184 sq ft
Parking: 2
Year built: 1995
Property tax: $2,481 / yr
Strata fee: $588 / mo ($0.50 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 52
MLS®: R3156766

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

Features

Central location
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Below typical for the area (-30%)

2026 assessment: $681,000 · asking is -4.7%
Price per sq ft: $548 vs $787 median for condos in Coquitlam for sale (503)

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 52 days · no price changes so far

The market here

Listed now: 43 days; median for 533 condos for sale; this one 52 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$681,000	$2,623

The listing shows $2,481 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

$3,623/mo

Mortgage $2,828 · Tax $207 · Strata $588

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

estimated payment

$2,828/ monthly

loan $519,200

25-year amortization

down payment20% · $129,80020%+ 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: $329,089
property transfer tax: $10,980; BC general rate
cash to close: $140,780; down + PTT
total paid: $848,289

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: −$1,657/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,828 · tax $207 · strata $588 · 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