1 / 11

$749,999

203 2951 SILVER SPRINGS BOULEVARD

Coquitlam · MLS® R3110500

2 bed · 2 bath · 1,075 sq ft · 1 parking

Condo · Single Family · built 2007 · 179 days on market

Listed by Charlie Zhang, RE/MAX Crest Realty

Realtor's description

This bright and spacious home corner unit offers over 1,075 sqft of thoughtfully designed living space, featuring 2 bedrooms, 2 full bathrooms, and a versatile den. Enjoy breathtaking Mount Baker views from this home at Tantalus by Polygon in the Silver Springs community. stainless steel appliances, maple cabinetry, and a stylish tile backsplash, perfect for both everyday living and entertaining. Residents enjoy access to resort-style amenities, including a fully equipping fitness centre, billiards lounge, outdoor swimming pool, ping-pong table. Ideally located within walking distance of Douglas College, Lafarge Lake, Coquitalm Centre, the Aquatic Centre, and the Evergreen SkyTrain station, offering unbeatable convenience.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,075 sq ft
Parking: 1
Year built: 2007
Property tax: $2,662 / yr
Strata fee: $547 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 179
MLS®: R3110500

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Refrigerator
Oven - Built-In

Price check

Below typical for the area (-12%)

2026 assessment: $737,000 · asking is +1.8%
Price per sq ft: $698 vs $789 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 179 days · no price changes so far

The market here

Listed now: 43 days; median for 536 condos for sale; this one 179 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$737,000	$2,839

The listing shows $2,662 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

$4,036/mo

Mortgage $3,268 · Tax $222 · Strata $547

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

estimated payment

$3,268/ monthly

loan $599,999

25-year amortization

down payment20% · $150,00020%+ 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: $380,303
property transfer tax: $13,000; BC general rate
cash to close: $163,000; down + PTT
total paid: $980,302

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: −$2,070/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,268 · tax $222 · strata $547 · 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