2283 Austin Avenue

1 / 19

$1,379,000

2283 Austin Avenue

Coquitlam · MLS® R3149195

534

2,304 sq ft · 9,458 sq ft lot · House · Single Family · built 1954 · 97 days on market

listed by Clayton Beckler, Axford Real Estate

realtor's description

HUGE 72x132 sqft lot with MORTGAGE HELPER and LANEWAY ACCESS in the heart of Coquitlam. Catchment to top local schools, walk to Mundy Park and Austin Heights. Renovated extensively in 2020 with A/C, upgraded windows, furnace, new roof just last year and much more. Great hold or building investment.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 2,304 sq ft
lot: 9,458 sq ft
parking: 4
year built: 1954
property tax: $5,091 / yr
days on market: 97
MLS®: R3149195

features

monthly cost

$6,432/mo

Mortgage $6,008 · Tax $424

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

estimated payment

$6,008/ monthly

loan $1,103,200

25-year amortization

down payment20% · $275,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $699,251
property transfer tax: $25,580; BC general rate
cash to close: $301,380; down + PTT
total paid: $1,802,451

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

suite rent: $1,960/mo
your cost after the suite: $4,804/mo; vs $6,607 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,008 · tax $424 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Coquitlam: CMHC's average there ($1,708) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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