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2506 612 Elmwood Street
homes for sale · Coquitlam
2506 612 Elmwood Street — photo 1 of 38
1 / 38
$600,000

2506 612 Elmwood Street

Coquitlam · MLS® R3178135

11

543 sq ft · Condo · Single Family · built 2026 · 5 days on market

listed by Grace Hsu, Vanhaus Gruppe Realty Inc.

realtor's description

Elmwood by Marcon is a vibrant, modern mixed-use community in the heart of Burquitlam. Suite 2506 features a thoughtful 1-bed, 1-bath floor plan across 543 sq. ft. of optimized living space.Perched on the 25th floor, this home offers an open-concept layout that flows seamlessly to a spacious balcony. Enjoy effortless urban convenience with the Burquitlam SkyTrain station right at your doorstep.Residents enjoy world-class amenities from the ground to the sky, including the Level 6 Park Club with a fitness center, sauna, and putting green, plus the Level 38 Urban Canopy featuring a Sky Lounge, screening room, and co-work space. Includes the landmark 17,000+ sq. ft. Civic Plaza.Includes 1 parking and 1 storage locker.

property details

type
Condo, Single Family
bedrooms
1
living area

similar homes nearby

all units at 612 Elmwood St →
543 sq ft
parking
1
year built
2026
strata rules
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market
5
MLS®
R3178135

features

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

monthly cost

$2,641/mo
Mortgage $2,641

20% down at 4.44% fixed (Ratehub.ca), 25 years.

estimated payment
$2,641/ monthly
loan $480,000
25-year amortization
total interest
$312,205
property transfer tax
$0
$10,000 less $10,000 newly built exemption
cash to close
$120,000
down + PTT
total paid
$792,205
transfer tax

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
$1,960/mo
after all costs
−$872/mo
cap rate
3.5%
yearly net rent ÷ price

Costs: mortgage $2,641 · insurance ~$35 · vacancy 3% · upkeep 5%.

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

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

listed by
Grace Hsu
Vanhaus Gruppe Realty Inc.
call Grace · 778-385-9778
Powered by: REALTOR.ca

location

CoquitlamGoogle Maps ↗

Rapid transit: Burquitlam SkyTrain station, 300 m (about 4 min walk); Lougheed Town Centre SkyTrain station, 1.8 km (about 28 min walk).

development nearby

  • Rezoning for a 26 storey, 326 unit building

    330 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.

  • Development permit for a 26 storey, 288 unit building

    250 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

    190 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 27 storey, 245 unit building

    320 m away · 2026 · under review · 541 Clarke Road

    Construct a mixed-use 27-storey tower that includes (1) two storeys of commercial retail and office, (2) 245 market rental dwelling units, and (3) 8 below-market rental dwelling units,

  • Subdivision for a 29 storey building

    220 m away · 2024 · approved · 618 Tyndall St

    Create an airspace parcel for the 618 Tyndall Street lot to separate the residential strata (29-storey tower) and rental (6-storey midrise) spaces.

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.

the market here

listed now
49 days
median for 499 condos for sale; this one 5 days

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

507 520 Como Lake Avenue, Coquitlam
open houseCondo
$699,000
507 520 Como Lake Avenue
Coquitlam7 days on market
listed by RE/MAX City Realty
221945 sq ft
MLS® R3177413
406 750 Dogwood Street, Coquitlam
open houseCondo
$599,000
406 750 Dogwood Street
Coquitlam14 days on market
listed by Real Broker
21
204 555 Austin Avenue, Coquitlam
Condo
$649,000
33% less per sq ft
204 555 Austin Avenue
Coquitlam9 days on market
listed by Sutton Group-West Coast Realty
22
25 315 Schoolhouse Street, Coquitlam
Townhouse
$769,000
17% less per sq ft
25 315 Schoolhouse Street
Coquitlamlisted today
listed by RE/MAX Performance Realty
32
1103 450 Westview Street, Coquitlam
Condo
$499,000
1103 450 Westview Street
Coquitlam147 days on market
listed by Parallel 49 Realty
11
1304 691 North Road, Coquitlam
Condo
$650,000
1304 691 North Road
Coquitlam64 days on market
listed by Pacific Evergreen Realty Ltd.
22
1
710 sq ft
MLS® R3175555
1
1,233 sq ft
MLS® R3176817
1
1,515 sq ft
MLS® R3179479
1
548 sq ft
MLS® R3131999
1
771 sq ft
MLS® R3158585

location

the building's lot: 4,159 m² (44,767 sq ft) · PID 032-916-701. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Rapid transit: Burquitlam SkyTrain station, 300 m (about 4 min walk); Lougheed Town Centre SkyTrain station, 1.8 km (about 28 min walk).

Drive times
  • École Banting Middle2 min
  • Port Moody Secondary5 min
  • Royal Columbian Hospital8 min
  • Fraser International College8 min
  • Downtown Vancouver28 min
  • YVR airport40 min
94

Walkability 94/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 17 places to eat or drink, 6 cafes, 5 parks and playgrounds, 2 schools, 2 pharmacies, 18 transit stops.

mihom score from OpenStreetMap places, by straight line distance.