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$665,000

203 545 Foster Avenue

Coquitlam · MLS® R3172508

All units at 545 Foster Ave →

2 bed · 2 bath · 920 sq ft · 1 parking

Condo · Single Family · built 2012 · 4 days on market

Listed by Jimmy Lee, Royal LePage Sterling Realty

Realtor's description

Welcome to Foster by Mosaic, where space, thoughtful design and location come together. This bright, west-facing 920 sq.ft. home offers 2 bed and 2 bath, with bedrooms positioned at opposite ends for added privacy. The oversized balcony extends your living space outdoors, bringing in afternoon sunshine and a welcome sense of openness. Step outside to the newly revitalized Cottonwood Park, featuring sports fields, courts and a playground. Located in the heart of West Coquitlam, just minutes from SkyTrain, Lougheed Town Centre, groceries, schools and local cafés. Urban convenience with a neighbourhood park right at your doorstep. A combination that's hard to find!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 920 sq ft
Parking: 1
Year built: 2012
Property tax: $2,766 / yr
Strata fee: $425 / mo ($0.46 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 4
MLS®: R3172508

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Price check

Below typical for the area (-8.0%)

2026 assessment: $718,000 · asking is -7.4%
Price per sq ft: $723 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 4 days · no price changes so far

The market here

Listed now: 40 days; median for 545 condos for sale; this one 4 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$718,000	$2,766
2025	$717,000	$2,520

Estimated tax up 9.8% from 2025 to 2026.

The listing shows $2,766 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

$3,552/mo

Mortgage $2,897 · Tax $230 · Strata $425

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

estimated payment

$2,897/ monthly

loan $532,000

25-year amortization

down payment20% · $133,00020%+ 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: $337,202
property transfer tax: $11,300; BC general rate
cash to close: $144,300; down + PTT
total paid: $869,202

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: −$1,586/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,897 · tax $230 · strata $425 · 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: 2,793 m² (30,064 sq ft) · PID 029-060-575. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for a 37 storey, 347 unit building
120 m away · 2023 · approved · 530 & 550 Cottonwood Ave, 663 & 675 Whiting Way
Construct one 30-storey tower with 275 strata units, one 37-storey tower with 347 market rental units, and one 2-storey amenity building, as phase one of Master Development Plan.

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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