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204 555 Austin Avenue
homes for sale · Coquitlam
204 555 Austin Avenue — photo 1 of 20
1 / 20
$649,000

204 555 Austin Avenue

Coquitlam · MLS® R3176817

all units at 555 Austin Ave →

221

1,233 sq ft · Condo · Single Family · built 1990 · 9 days on market

listed by Wesley Yu, Sutton Group-West Coast Realty

realtor's description

Welcome to Brookmere Towers! This spacious 1,233 SF corner home offers an exceptional opportunity for buyers seeking a large 2 Bed + Den and 2 Bath condo in a prime Coquitlam location. The versatile den could potentially be converted into a 3rd bedroom. Enjoy bright South-East exposure, a private balcony, and a functional layout ready for your personal touch. The well-maintained building is set within a well-managed strata and features great amenities including a swimming pool, hot tub, sauna, and fitness room. Unbeatable location within walking distance to Lougheed Town Centre, SkyTrain, shopping, restaurants, and everyday conveniences. Includes 1 parking stall and 1 storage locker. A great opportunity to own a large home in a fantastic location!

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,233 sq ft
parking
1
year built
1990
property tax
$2,791 / yr
strata fee
$539 / mo ($0.44 / sq ft)
strata rules
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market
9
MLS®
R3176817

buying in a building from 1982 to 2000: what to read first

features

  • Central location
  • Elevator
  • Pets Allowed With Restrictions
  • Rentals Allowed With Restrictions
  • All
listed by
Wesley Yu
Sutton Group-West Coast Realty
call Wesley · 778-847-8888
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

monthly cost

$3,628/mo
Mortgage $2,856 · Tax $233 · Strata $539

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$2,856/ monthly
loan $519,200
25-year amortization
total interest
$337,702
property transfer tax
$10,980
BC general rate
cash to close
$140,780
down + PTT
total paid
$856,902
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$2,460/mo
after all costs
−$1,400/mo
cap rate
2.7%
yearly net rent ÷ price

Costs: mortgage $2,856 · tax $233 · strata $539 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Coquitlam: CMHC's average there ($2,175) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

CoquitlamGoogle Maps ↗

Rapid transit: Lougheed Town Centre SkyTrain station, 600 m (about 9 min walk); Burquitlam SkyTrain station, 1.3 km (about 21 min walk).

property tax by year

yearassessedest. tax
2026$706,000$2,720
2025$794,000$2,791

Estimated tax down 2.5% from 2025 to 2026.

The listing shows $2,791 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.

development nearby

  • Rezoning for a 50 storey building

    180 m away · 2023 · conditionally approved · 516, 520, 524, 528, 532, 538, 548, 558, 562, 566 Brookmere Avenue

    Master Development Plan with a mix of uses including, market strata residential, market rental residential, affordable housing, office, and commercial, contained in 7 point and podium towers ranging from 28-50 storeys.

  • Rezoning for a 6 storey, 326 unit building

    250 m away · 2024 · under review · 548-574 Cochrane Ave, 549-571 Brookmere Ave & 550 Denton St

    Construct two 6-storey market residential buildings with a total of 326 units.

  • Development permit for a 6 storey, 116 unit building

    210 m away · 2024 · approved · 602 Sydney Avenue

    Construct a six-story senior rental housing apartment building with underground parking, comprising 116 units.

  • Rezoning for 25 homes

    350 m away · 2023 · conditionally approved · 573, 601, 605 Madore Ave

    Construct 25 townhouse units (16 of which have lock-off suites).

  • Rezoning for 20 homes

    260 m away · 2023 · under review · 604, 606, 608 Sydney Ave

    Construct 20 townhouse units with one level of underground parking.

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.

the market here

listed now
49 days
median for 499 condos for sale; this one 9 days

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

406 750 Dogwood Street, Coquitlam
open houseCondo
$599,000
406 750 Dogwood Street
Coquitlam14 days on market
listed by Real Broker
211710 sq ft
MLS® R3175555
507 520 Como Lake Avenue, Coquitlam
open houseCondo
$699,000
507 520 Como Lake Avenue
Coquitlam7 days on market
listed by RE/MAX City Realty
221
25 315 Schoolhouse Street, Coquitlam
Townhouse
$769,000
17% less per sq ft
25 315 Schoolhouse Street
Coquitlamlisted today
listed by RE/MAX Performance Realty
32
2506 612 Elmwood Street, Coquitlam
Condo
$600,000
2506 612 Elmwood Street
Coquitlam5 days on market
listed by Vanhaus Gruppe Realty Inc.
11
1103 450 Westview Street, Coquitlam
Condo
$499,000
1103 450 Westview Street
Coquitlam147 days on market
listed by Parallel 49 Realty
11
610 525 Foster Avenue, Coquitlam
Condo
$508,000
610 525 Foster Avenue
Coquitlam49 days on market
listed by Nu Stream Realty Inc.
21
945 sq ft
MLS® R3177413
1
1,515 sq ft
MLS® R3179479
543 sq ft
MLS® R3178135
1
548 sq ft
MLS® R3131999
1
574 sq ft
MLS® R3163628

location

the building's lot: 11,183 m² (120,373 sq ft) · PID 015-411-991. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Rapid transit: Lougheed Town Centre SkyTrain station, 600 m (about 9 min walk); Burquitlam SkyTrain station, 1.3 km (about 21 min walk).

Drive times
  • Cameron Elementary3 min
  • Burnaby Mountain Secondary5 min
  • Royal Columbian Hospital6 min
  • Justice Institute of British Columbia New Westminster7 min
  • Downtown Vancouver27 min
  • YVR airport37 min
94

Walkability 94/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 49 places to eat or drink, 13 cafes, 6 parks and playgrounds, 1 school, 2 pharmacies, 26 transit stops.

mihom score from OpenStreetMap places, by straight line distance.