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$798,000

2404 537 COTTONWOOD AVENUE

Coquitlam · MLS® R3120989

All units at 537 Cottonwood Ave →

2 bed · 2 bath · 873 sq ft · 1 parking

Condo · Single Family · built 2025 · 155 days on market

Listed by Larry Cheng, Panda Luxury Homes

Realtor's description

Welcome home to your spacious SW corner 2 bed2bath home with a 124 sq.ft decorative balcony with unobstructed mountain city views. Airy 9" ceilings and separation of bedrooms for complete privacy. Chef's kitchen is set for entertaining with an island that generously seats 4. Equipped with designed appliances, gas range, quartz countertops and thoughtful pull-out pantry. Move in Ready. JINJU, built by trusted Developer Anthem Properties. Located steps from the Burquitlam SkyTrain station, shopping, restaurants, YMCA, and Cottonwood Park. Relax in your very own spa, located on the 28th floor with a mountain view hot tub, infrared sauna, charcoal cool room, and salt meditation room. Equipped with a full gym, co-work lounge, games/entertainment party room.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 873 sq ft
Parking: 1
Year built: 2025
Strata fee: $472 / mo ($0.54 / sq ft)
Days on market: 155
MLS®: R3120989

Price check

Above typical for the area (+16%)

2026 assessment: $833,000 · asking is -4.2%
Price per sq ft: $914 vs $788 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 155 days · no price changes so far

The market here

Listed now: 43 days; median for 535 condos for sale; this one 155 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$833,000	$3,209

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

$3,949/mo

Mortgage $3,477 · Strata $472

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

estimated payment

$3,477/ monthly

loan $638,400

25-year amortization

down payment20% · $159,60020%+ 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: $404,643
property transfer tax: $13,960; BC general rate
cash to close: $173,560; down + PTT
total paid: $1,043,043

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: −$1,983/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,477 · strata $472 · 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

Location

The building's lot: 4,466 m² (48,072 sq ft) · PID 032-538-910. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for a 37 storey, 347 unit building
110 m away · 2023 · approved · 530 & 550 Cottonwood Ave, 663 & 675 Whiting Way
Construct one 30-storey tower with 275 strata units, one 37-storey tower with 347 market rental units, and one 2-storey amenity building, as phase one of Master Development Plan.
Rezoning for a 26 storey, 326 unit building
370 m away · 2023 · conditionally approved · 727 North Road
Construct a 26-storey strata building and a six-storey rental building with a total of 326 units.
Rezoning for a 29 storey, 272 unit building
250 m away · 2026 · under review · 541 Clarke Road
Construct a mixed-use development with 2 residential buildings including a 29-storey market rental residential tower offering a total of 272 dwelling units, and a 3-storey daycare. Proposal includes a commercial space on level 1 of the tower, and a 3-level below-grade parkade.
Development permit for a 6 storey, 93 unit building
350 m away · 2026 · approved · 609 Smith Avenue
Minor Amendment for landscape changes to six-storey purpose-built rental apartment building with 93 units.
Rezoning
260 m away · 2020 · under review · 552 Clarke Rd
Construct 6 residential towers with approximately 2,175 strata and market rental units and commercial podium.

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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