1 / 40

$599,000

2505 567 EMERSON STREET

Coquitlam · MLS® R3135023

All units at 567 Emerson St →

1 bed · 1 bath · 554 sq ft · 1 parking

Condo · Single Family · built 2026 · 119 days on market

Listed by Will Zhao, RE/MAX Crest Realty

Realtor's description

Welcome to Myriad - heart of Burquitlam. Brand new 1-bed, 1-bath, 554 square ft home completed in 2026 by Concert Properties. This East-facing suite on the 25th floor offers an efficient, well-designed layout with in-suite W/D, balcony, and a full kitchen - everything you need, nothing you don't. Steps from Burquitlam Station for seamless SkyTrain access to SFU, downtown Vancouver, and beyond. Surrounded by restaurants, cafes, groceries, and everyday essentials. Building amenities include concierge, fitness centre, guest suite & bike room. One parking + one storage included. Low-maintenance living in a high-demand location - ideal for professionals, students, and investors looking to own in a brand new building at a compelling entry price point. Just completed and move-in ready. MUST SEE!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 554 sq ft
Parking: 1
Year built: 2026
Strata fee: $325 / mo ($0.59 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 119
MLS®: R3135023

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

2026 assessment: $258,260,000 · asking is -100%
Price per sq ft: $1,081 vs $786 median for condos in Coquitlam for sale (505)

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 119 days · no price changes so far

The market here

Listed now: 44 days; median for 505 condos for sale; this one 119 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$258,260,000	$994,818

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

$2,935/mo

Mortgage $2,610 · Strata $325

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

estimated payment

$2,610/ monthly

loan $479,200

25-year amortization

down payment20% · $119,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $303,736
property transfer tax: $9,980; BC general rate
cash to close: $129,780; down + PTT
total paid: $782,936

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: −$1,399/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,610 · strata $325 · 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: 2,198 m² (23,659 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for a 26 storey, 288 unit building
290 m away · 2023 · under review · 625 Como Lake Ave
Construct a 26-storey tower and seven-storey podium with 288 market-rental units (Phase 3 of entire project)
Rezoning for a 35 storey building
380 m away · 2024 · under review · 602 Tyndall Street
Construct one 35-storey market condo (6.0 FAR) and one 6-storey purpose built rental building (1.0 FAR), including 0.2 FAR in Priority and Below-Market Units
Rezoning for a 29 storey, 272 unit building
290 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.
Rezoning for a 6 storey, 121 unit building
300 m away · 2024 · conditionally approved · 711, 713, 717, 721, 723, & 729 Dogwood Street
Construct one 6-storey apartment building with 104 units and two 4-storey stacked townhouse buildings with 17 units, for a total of 121 units.
Development permit for a 6 storey, 93 unit building
110 m away · 2026 · approved · 609 Smith Avenue
Minor Amendment for landscape changes to six-storey purpose-built rental apartment building with 93 units.

And 3 smaller applications nearby.

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.