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$638,000

1801 1188 PINETREE WAY

Coquitlam · MLS® R3160158

All units at 1188 Pinetree Way →

2 bed · 2 bath · 809 sq ft · 1 parking

Condo · Single Family · built 2016 · 38 days on market

Listed by Leo Zheng, Coldwell Banker Prestige Realty

Realtor's description

Iconic M3 by CRESSEY! CENTRALLY LOCATED at the heart of Coquitlam Center! This stunning SOUTH FACING bright 2 bed 2 bath home offers the best layout in the building. Famous Cressey gourmet kitchen with high end S/S appliances offers a gas cooktop, wall oven, quartz countertops with glass tile backsplash! Durable and contemporary wide plank laminate flooring throughout and 8'8 overheight ceilings! Spacious Master bedroom with spa-inspired ensuite with heated floors & luxurious marble countertops in the main bathroom. World class amenities including concierge, gym, games & lounge area with grand piano. Super location with walking distance to Coquitlam Town Centre, Sky train, Lafarge Lake, Douglas College. CALL TO BOOK APPT TODAY!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 809 sq ft
Parking: 1
Year built: 2016
Property tax: $2,439 / yr
Strata fee: $460 / mo ($0.57 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 38
MLS®: R3160158

Features

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

Floor plans

Found among the listing photos.

Price check

Typical for the area (+0.1%)

2026 assessment: $658,000 · asking is -3.0%
Price per sq ft: $789 vs $788 median for condos in Coquitlam for sale (504)

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 38 days · no price changes so far

The market here

Listed now: 43 days; median for 533 condos for sale; this one 38 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$658,000	$2,535

The listing shows $2,439 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

$3,443/mo

Mortgage $2,780 · Tax $203 · Strata $460

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

estimated payment

$2,780/ monthly

loan $510,400

25-year amortization

down payment20% · $127,60020%+ 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: $323,511
property transfer tax: $10,760; BC general rate
cash to close: $138,360; down + PTT
total paid: $833,911

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: −$1,477/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,780 · tax $203 · strata $460 · 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