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$439,000

205 2970 PRINCESS CRESCENT

Coquitlam · MLS® R3162209

All units at 2970 Princess Cres →

1 bed · 1 bath · 713 sq ft · 1 parking

Condo · Single Family · built 1994 · 31 days on market

Listed by Mia Park, Royal Pacific Tri-Cities Realty

Realtor's description

Welcome to Mont Claire in the heart of Coquitlam! This bright and spacious 1-bedroom, 1-bathroom home offers a comfortable and functional layout with a large living room featuring a natural gas fireplace and abundant natural light. Freshly painted throughout and new appliances in the Kitchen, this move-in-ready home is perfect for first-time buyers, downsizers, or investors. The spacious bedroom features a walk-in closet, while the private patio overlooks a peaceful, beautifully landscaped courtyard. Enjoy the convenience of in-suite laundry, secure underground parking, and a storage locker conveniently located on the same floor. Building amenities include a fitness room and secure entry with video intercom. Unbeatable location just steps from SkyTrain, Coquitlam Centre, Coquitlam Aquatic

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 713 sq ft
Parking: 1
Year built: 1994
Property tax: $1,694 / yr
Strata fee: $354 / mo ($0.50 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 31
MLS®: R3162209

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

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-22%)

2026 assessment: $469,000 · asking is -6.4%
Price per sq ft: $616 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 31 days · no price changes so far

The market here

Listed now: 43 days; median for 535 condos for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$469,000	$1,807

The listing shows $1,694 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

$2,408/mo

Mortgage $1,913 · Tax $141 · Strata $354

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

estimated payment

$1,913/ monthly

loan $351,200

25-year amortization

down payment20% · $87,80020%+ 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: $222,604
property transfer tax: $6,780; BC general rate
cash to close: $94,580; down + PTT
total paid: $573,804

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: −$871/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,913 · tax $141 · strata $354 · 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