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$458,000

1305 318 ALDERSON AVENUE

Coquitlam · MLS® R3147586

All units at 318 Alderson Ave →

1 bed · 1 bath · 524 sq ft · 1 parking

Condo · Single Family · built 2024 · 83 days on market

Listed by Jessica Tam, Sutton Group - Vancouver First Realty

Realtor's description

SOCO by Anthem, is located on North Road, just minutes from the Lougheed Skytrain Station in South Coquitlam. Inside this 1bedroom unit , you will find the best layout of L-shape kitchen, Bosch appliances, large windows, and laminate flooring throughout. Home comes with air conditioning, quartz countertops, and includes parking and storage. Residents enjoy access to over 43,000 sq. ft. of exceptional indoor and outdoor amenities, as well as nearby shopping, dining, and rapid transit. Smart design, great lifestyle, and outstanding value.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 524 sq ft
Parking: 1
Year built: 2024
Strata fee: $318 / mo ($0.61 / sq ft)
Strata rules: Pets Allowed
Days on market: 83
MLS®: R3147586

Features

Central location
Elevator
Pets Allowed
All

Price check

Above typical for the area (+11%)

2026 assessment: $498,000 · asking is -8.0%
Price per sq ft: $874 vs $786 median for condos in Coquitlam for sale (505)

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 83 days · no price changes so far

The market here

Listed now: 43 days; median for 534 condos for sale; this one 83 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$498,000	$1,918

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

$2,313/mo

Mortgage $1,995 · Strata $318

20% down at 4.34% fixed (Ratehub.ca), 25 years; 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 9, 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

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: −$777/mo
Cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,995 · strata $318 · 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

Location

The building's lot: 6,183 m² (66,553 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for a 48 storey, 443 unit building
100 m away · 2023 · under review · 321 Alderson Avenue (SOCO 4)
Construct one 48-storey tower with 443 market strata units and a 2-storey daycare.
Rezoning for a 39 storey, 252 unit building
210 m away · 2021 · under review · 566 Lougheed Hwy
Construct two residential towers: one 39-storey tower with 371 market condo units, and one 30-storey tower with 252 market rental units and 26 below-market rental units.
Rezoning for 235 homes
280 m away · 2025 · under review · 576 Lougheed Highway
Construct a mixed use residential and commercial building with 235 residential units, a child care facility 8 CRUs.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Coquitlam development applications.

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