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$465,000

206 1154 WESTWOOD STREET

Coquitlam · MLS® R3155075

2 bed · 1 bath · 817 sq ft · 1 parking

Condo · Single Family · built 1991 · 58 days on market

Listed by Anthony Ibhahe, Royal LePage West Real Estate Services

Realtor's description

Bright and spacious 2-bedroom, 1-bathroom condo in the heart of downtown Coquitlam, just steps from SkyTrain and transit. Features two good-sized bedrooms, a generous living room, functional kitchen, and private balcony. The kitchen offers ample cabinet and counter space, fridge, stove, and dishwasher. Includes in-suite laundry, plenty of storage, 1 underground parking stall, and 1 storage locker. Minutes from Coquitlam Centre, Douglas College, Aquatic Centre, Lafarge Lake, shopping, and restaurants. Future high-rise potential under Coquitlam´s OCP makes this an excellent opportunity for first-time buyers or investors.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 817 sq ft
Parking: 1
Year built: 1991
Property tax: $1,895 / yr
Strata fee: $414 / mo ($0.51 / sq ft)
Strata rules: Pets not Allowed, Rentals Allowed With Restrictions
Days on market: 58
MLS®: R3155075

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

Features

Central location
Elevator
Wheelchair access
Pets not Allowed
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-28%)

2026 assessment: $492,000 · asking is -5.5%
Price per sq ft: $569 vs $789 median for condos in Coquitlam for sale (503)

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 58 days · no price changes so far

The market here

Listed now: 43 days; median for 534 condos for sale; this one 58 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$492,000	$1,895

The listing shows $1,895 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

$2,598/mo

Mortgage $2,026 · Tax $158 · Strata $414

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

estimated payment

$2,026/ monthly

loan $372,000

25-year amortization

down payment20% · $93,00020%+ 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: $235,788
property transfer tax: $7,300; BC general rate
cash to close: $100,300; down + PTT
total paid: $607,788

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: −$632/mo
Cap rate: 3.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,026 · tax $158 · strata $414 · 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