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$599,900

1804 2959 GLEN DRIVE

Coquitlam · MLS® R3158877

All units at 2959 Glen Dr →

2 bed · 2 bath · 927 sq ft · 2 parking

Condo · Single Family · built 2009 · 45 days on market

Listed by Scott Stevenson, Keller Williams Bold Realty

Realtor's description

Upper 2 bed 2 bath 927 sq. ft corner unit. Floor to ceiling windows offer SE views of the city and mountains. This spacious layout offers a great layout for entertaining. New floors and carpet offer a fresh finish to this functional suite. private deck for bbq and outdoor space. Building has a Gym, media room, wine room and concierge. Central location close to shopping, recreation and transit. 2 parking spots

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 927 sq ft
Parking: 2
Year built: 2009
Property tax: $2,541 / yr
Strata fee: $567 / mo ($0.61 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 45
MLS®: R3158877

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Price check

Below typical for the area (-18%)

2026 assessment: $683,000 · asking is -12%
Price per sq ft: $647 vs $788 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 45 days · no price changes so far

The market here

Listed now: 43 days; median for 536 condos for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$683,000	$2,631

The listing shows $2,541 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

$3,393/mo

Mortgage $2,614 · Tax $212 · Strata $567

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

estimated payment

$2,614/ monthly

loan $479,920

25-year amortization

down payment20% · $119,98020%+ 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: $304,192
property transfer tax: $9,998; BC general rate
cash to close: $129,978; down + PTT
total paid: $784,112

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: −$1,427/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,614 · tax $212 · strata $567 · 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