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$699,000

1501 1178 HEFFLEY CRESCENT

Coquitlam · MLS® R3129239

All units at 1178 Heffley Cres →

2 bed · 2 bath · 1,049 sq ft · 2 parking

Condo · Single Family · built 2008 · 133 days on market

Listed by Bruce Li, RE/MAX Westcoast

Realtor's description

Enjoying Beautiful Mountain views from each rooms of this corner 2 bed, 2 bath+large den 1049 sqft residence in the Obelisk Tower-Best location in Coquitlam Centre with serenity and extreme convenience. The City library is just underneath, a few minutes walking to Lincoln skytrain station, Coquitlam Mall, Aquatic Centre, City Hall and Douglas College. Incredible building amenities including multi-purpose entertaining lounge, media room, exercise gym room, garden terrace and sauna. Bike room and visitor parking available. This home comes with 2 secure underground parking stalls. Well maintained strata with reasonable fee.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,049 sq ft
Parking: 2
Year built: 2008
Property tax: $2,587 / yr
Strata fee: $300 / mo ($0.29 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 133
MLS®: R3129239

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-15%)

2026 assessment: $719,000 · asking is -2.8%
Price per sq ft: $666 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 133 days · no price changes so far

The market here

Listed now: 44 days; median for 505 condos for sale; this one 133 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$719,000	$2,770

The listing shows $2,587 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

$3,561/mo

Mortgage $3,045 · Tax $216 · Strata $300

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

estimated payment

$3,045/ monthly

loan $559,200

25-year amortization

down payment20% · $139,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,443
property transfer tax: $11,980; BC general rate
cash to close: $151,780; down + PTT
total paid: $913,643

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: −$1,595/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,045 · tax $216 · strata $300 · 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