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$515,000

203 1188 JOHNSON STREET

Coquitlam · MLS® R3158643

All units at 1188 Johnson St →

1 bed · 1 bath · 625 sq ft · 1 parking

Condo · Single Family · built 2011 · 45 days on market

Listed by Jenny Au, Oakwyn Realty Encore

Realtor's description

Discover the Maya, a beautifully designed one-bedroom home in the heart of Coquitlam. This spacious residence offers a thoughtful layout with 9-foot ceilings and a warm, inviting atmosphere. The bright living room features a cozy fireplace, while the modern gourmet kitchen showcases quartz countertops, and stainless-steel appliances and provides ample closet space, and the expansive balcony is perfect for relaxing, enjoying your morning coffee, or entertaining guests. Residents can enjoy the large outdoor area, bike storage, secure underground parking, and convenient storage lockers on every floor. Ideally located within walking distance to Coquitlam Centre, T&T Supermarket, Walmart, the Aquatic & Recreation Centre, Douglas College, schools, Lafarge Lake, parks, transit, and restaurants.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 625 sq ft
Parking: 1
Year built: 2011
Property tax: $1,859 / yr
Strata fee: $401 / mo ($0.64 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 45
MLS®: R3158643

Features

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

Price check

Typical for the area (+4.5%)

2026 assessment: $514,000 · asking is +0.2%
Price per sq ft: $824 vs $789 median for condos in Coquitlam for sale (504)
Last sold: $510,000 · Jun 27, 2025

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	$514,000	$1,980

The listing shows $1,859 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

$2,800/mo

Mortgage $2,244 · Tax $155 · Strata $401

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

estimated payment

$2,244/ monthly

loan $412,000

25-year amortization

down payment20% · $103,00020%+ 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: $261,142
property transfer tax: $8,300; BC general rate
cash to close: $111,300; down + PTT
total paid: $673,142

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: −$1,263/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,244 · tax $155 · strata $401 · 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