212 555 Foster Avenue

1 / 33

$735,000

212 555 Foster Avenue

Coquitlam · MLS® R3175293

222

888 sq ft · Condo · Single Family · built 2012 · 11 days on market

listed by Matt Bastien, Royal LePage Elite West

realtor's description

FOSTER BY MOSAIC! This beautifully maintained 2 bedroom, 2 bathroom suite has direct view to Cottownwood Park on the quiet side of the building & is located in coveted West Coquitlam, close to Skytrain, transit, Lougheed Mall, Vancouver Golf Club & more! Open living/dining area is naturally bright, kitchen w/breakfast bar, glass tile backsplash, quartz counters & s/s appliance package. Both bedrooms are great size, primary w/walk through double closets leading to personal 3pc ensuite. Large, partially covered BBQ patio overlooks greenery and park. Thoughtfully designed with built in shelving, pot lighting, undermount sink, spice shelf, in-suite storage. BONUSES: 2 parking, 1 storage, pet friendly building!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 888 sq ft
parking: 2
year built: 2012
property tax: $2,517 / yr
strata fee: $409 / mo ($0.46 / sq ft)
strata rules: Pets Allowed, Pets Allowed With Restrictions
days on market: 11
MLS®: R3175293

features

Central location
Elevator
Pets Allowed
Pets Allowed With Restrictions
All

floor plans

found among the listing photos.

monthly cost

$3,821/mo

Mortgage $3,202 · Tax $210 · Strata $409

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

estimated payment

$3,202/ monthly

loan $588,000

25-year amortization

down payment20% · $147,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $372,697
property transfer tax: $12,700; BC general rate
cash to close: $159,700; down + PTT
total paid: $960,697

first-time buyernewly builtforeign national

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: −$1,592/mo
cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,202 · tax $210 · strata $409 · 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

location

CoquitlamGoogle Maps ↗

Rapid transit: Burquitlam SkyTrain station, 500 m (about 8 min walk); Lougheed Town Centre SkyTrain station, 1.2 km (about 18 min walk).

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212 555 Foster Avenue

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$735,000