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$719,900

1709 318 Alderson Avenue

Coquitlam · MLS® R3166333

All units at 318 Alderson Ave →

2 bed · 2 bath · 825 sq ft · 1 parking

Condo · Single Family · built 2024 · 24 days on market

Listed by Herman Wong, Royal Pacific Realty Corp.

Realtor's description

Welcome to SOCO by Anthem! This 2 bed 2 bath unit in the north tower has a completely unobstructed view with 825 sqft plus a MASSIVE 120 sqft balcony! Soaring high at the 17TH FLOOR the view is UNMATCHED. The unit features beautiful laminate flooring, central AC heat pump, built in stainless steel appliances including microwave, gas stovetop, 30" fridge. This property is centrally located near Lougheed Mall and Skytrain, No.1 Highway. Everything you need at your doorstep, from H-mart, Sushi Mura, Paris Baguette, and more! Don't miss your chance to own this amazing home !!!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 825 sq ft
Parking: 1
Year built: 2024
Property tax: $2,833 / yr
Strata fee: $539 / mo ($0.65 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 24
MLS®: R3166333

Features

Central location
Elevator
Pets Allowed With Restrictions
All
Stove
Oven - Built-In

Price check

Above typical for the area (+11%)

2026 assessment: $760,000 · asking is -5.3%
Price per sq ft: $873 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 24 days · no price changes so far

The market here

Listed now: 40 days; median for 545 condos for sale; this one 24 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$760,000	$2,928
2025	$806,000	$2,833

Estimated tax up 3.4% from 2025 to 2026.

The listing shows $2,833 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

$3,912/mo

Mortgage $3,137 · Tax $236 · Strata $539

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

estimated payment

$3,137/ monthly

loan $575,920

25-year amortization

down payment20% · $143,98020%+ 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: $365,041
property transfer tax: $12,398; BC general rate
cash to close: $156,378; down + PTT
total paid: $940,961

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: −$1,946/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,137 · tax $236 · strata $539 · 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

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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