304 1051 James Avenue

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.

rent

$2,460/mo

after all costs

$59/mo

cap rate

5.4%

yearly net rent ÷ price

Costs: mortgage $1,917 · strata $253 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Coquitlam: CMHC's average there ($2,175) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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.

Rapid transit: Braid SkyTrain station, 1.6 km (about 25 min walk).

• Rezoning for a 31 storey, 1412 unit building

  280 m away · 2025 · under review · 1026 Brunette Avenue

  Master Development Plan with a mix of uses including, non-market residential, office, commercial, and park. To construct over 1,412 units across tenures in 6 buildings ranging between 7 to 31 storeys, rezone, and re-develop 1026 Brunette Ave and 100 Nelson St.

• Rezoning for a 6 storey, 34 unit building

  110 m away · 2024 · under review · 1038 & 1042 Alderson Avenue

  Construct a 6-storey apartment building with 34 units.

• Rezoning for a 6 storey, 37 unit building

  150 m away · 2022 · under review · 217 Nelson & 1036 Alderson

  Construct a six-storey apartment building with 37 market strata apartments.

• Development permit for a 3 storey, 42 unit building

  380 m away · 2024 · approved · 290 Laval Square

  Construct a 3-storey seniors rental housing apartment. The development will provide 42 rental apartment units with a unit mix of studios and 1-bedroom unit types with adaptability features.

• Rezoning for a 4 storey, 38 unit building

  140 m away · 2026 · under review · 1033, 1035 James Avenue

  Construct 4 story residential building with 38 units and 1 ground floor assembly child-care facility.

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 building's lot: 2,855 m² (30,731 sq ft) · PID 032-228-406. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Braid SkyTrain station, 1.6 km (about 25 min walk).

listed now

48 days

median for 507 condos for sale; this one 68 days

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