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$589,900

2307 555 SYDNEY AVENUE

Coquitlam · MLS® R3167533

All units at 555 Sydney Ave →

1 bed · 1 bath · 610 sq ft · 1 parking

Condo · Single Family · built 2022 · 18 days on market

Listed by Chris Harburn, Oakwyn Realty Ltd.

Realtor's description

A phenomenal, square and oversized floor plan offering west exposure located on an upper floor of Sydney by legendary Ledingham McAllister. This spacious home offers 9' ceilings, and the flexibility of a truly usable den/office or potential second bedroom. Well equipped with full sized stainless steel appliances from Fisher & Paykel and KitchenAid. The generous bathroom is appointed with premium Kohler fixtures and soaker tub. Heating and cooling provided by a VRF system. Bright and spacious with no wasted space in the hallways, this home proudly includes a wonderful outdoor balcony along with one secure underground parking and a private storage locker. Recently reduced prices make this home a fantastic opportunity to invest in a quality home in the heart of West Coquitlam space.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 610 sq ft
Parking: 1
Year built: 2022
Property tax: $2,376 / yr
Strata fee: $367 / mo ($0.60 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 18
MLS®: R3167533

Features

Central location
Cul-de-sac
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Above typical for the area (+23%)

2026 assessment: $644,000 · asking is -8.4%
Price per sq ft: $967 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 18 days · no price changes so far

The market here

Listed now: 43 days; median for 534 condos for sale; this one 18 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$644,000	$2,481
2025	$676,000	$2,376

Estimated tax up 4.4% from 2025 to 2026.

The listing shows $2,376 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

$3,135/mo

Mortgage $2,570 · Tax $198 · Strata $367

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

estimated payment

$2,570/ monthly

loan $471,920

25-year amortization

down payment20% · $117,98020%+ 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: $299,121
property transfer tax: $9,798; BC general rate
cash to close: $127,778; down + PTT
total paid: $771,041

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: −$1,599/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,570 · tax $198 · strata $367 · 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

Location

The building's lot: 3,140 m² (33,799 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Rezoning for a 50 storey building
290 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
370 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
130 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
230 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
190 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.

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