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$446,000

1306 691 North Road

Coquitlam · MLS® R3128524

All units at 691 N Rd →

1 bed · 1 bath · 459 sq ft · 1 parking

Condo · Single Family · built 2019 · 136 days on market

Listed by Wayne Ng, Team 3000 Realty Ltd.

Realtor's description

INVESTOR AND FIRST TIME BUYERS ALERT!! Enjoy north views of the city & mountain from this efficiently designed home. Interior features laminate floors throughout, stainless steel appliances, in-suite laundry plus a generous end-to-end balcony. One parking stall + TWO side-by-side storage lockers are included. There is potential to rent out one of the storage spaces for additional income. Excellent building amenities, gym, lounge area, garden, bike room and low strata fee @ $225/mo. Conveniently located to restaurants, groceries, transit, SFU. 2 min walk to Burquitlam Skytrain station; 5 min drive to Lougheed Town Center. All in all, a very convenient location. DON´T MISS THE OPPORTUNITY OF GRABBING ONE OF THE LOWEST PRICED ONE BEDROOM APARTMENT IN BURQUITLAM CAPITAL.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 459 sq ft
Parking: 1
Year built: 2019
Property tax: $1,684 / yr
Strata fee: $226 / mo ($0.49 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 136
MLS®: R3128524

Features

Elevator
Pets Allowed With Restrictions
All

Price check

Above typical for the area (+24%)

2026 assessment: $454,000 · asking is -1.8%
Price per sq ft: $972 vs $786 median for condos in Coquitlam for sale (510)

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 136 days · no price changes so far

The market here

Listed now: 40 days; median for 545 condos for sale; this one 136 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$454,000	$1,749

The listing shows $1,684 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

$2,309/mo

Mortgage $1,943 · Tax $140 · Strata $226

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

estimated payment

$1,943/ monthly

loan $356,800

25-year amortization

down payment20% · $89,20020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $226,154
property transfer tax: $6,920; BC general rate
cash to close: $96,120; down + PTT
total paid: $582,954

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: −$773/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,943 · tax $140 · strata $226 · 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: 2,791 m² (30,042 sq ft) · PID 030-842-263. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for a 37 storey, 347 unit building
290 m away · 2023 · approved · 530 & 550 Cottonwood Ave, 663 & 675 Whiting Way
Construct one 30-storey tower with 275 strata units, one 37-storey tower with 347 market rental units, and one 2-storey amenity building, as phase one of Master Development Plan.
Rezoning for a 26 storey, 326 unit building
220 m away · 2023 · conditionally approved · 727 North Road
Construct a 26-storey strata building and a six-storey rental building with a total of 326 units.
Rezoning for a 35 storey building
380 m away · 2024 · under review · 602 Tyndall Street
Construct one 35-storey market condo (6.0 FAR) and one 6-storey purpose built rental building (1.0 FAR), including 0.2 FAR in Priority and Below-Market Units
Rezoning for a 29 storey, 272 unit building
170 m away · 2026 · under review · 541 Clarke Road
Construct a mixed-use development with 2 residential buildings including a 29-storey market rental residential tower offering a total of 272 dwelling units, and a 3-storey daycare. Proposal includes a commercial space on level 1 of the tower, and a 3-level below-grade parkade.
Rezoning
280 m away · 2020 · under review · 552 Clarke Rd
Construct 6 residential towers with approximately 2,175 strata and market rental units and commercial podium.

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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