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$669,000

307 615 COTTONWOOD AVENUE

Coquitlam · MLS® R3166338

2 bed · 2 bath · 840 sq ft · 1 parking

Condo · Single Family · built 2023 · 21 days on market

Listed by Grace Hsu, Vanhaus Gruppe Realty Inc.

Welcome to this beautifully maintained 2-bedroom apartment built by renowned Polygon. Featuring a bright, open-concept layout, this home offers the perfect blend of comfort and functionality for families, professionals, or downsizers. The spacious living and dining areas flow seamlessly, creating an inviting space for everyday living and entertaining. Nestled on a quiet street in the heart of Burquitlam, you'll enjoy the convenience of being just minutes from SkyTrain, shopping, restaurants, parks, and all daily amenities. Located in the desirable Roy Stibbs Elementary and École Banting Middle School catchments, this is an exceptional opportunity to own a quality home in one of Coquitlam's most sought-after neighbourhood. OPEN HOUSE: Sat 10/10 2-4pm & 10/11 2-4PM

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 840 sq ft
Parking: 1
Year built: 2023
Property tax: $2,622 / yr
Strata fee: $286 / mo ($0.34 / sq ft)
Strata rules: Pets Allowed
Days on market: 21
MLS®: R3166338

Typical for the area (+1.3%)

2026 assessment: $726,000 · asking is -7.9%
Price per sq ft: $796 vs $786 median for condos in Coquitlam for sale (512)

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.

Central location
Elevator
Pets Allowed
All

On market 21 days

Listed now: 44 days; median for 512 condos for sale; this one 21 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$3,419/mo

Mortgage $2,915 · Tax $219 · Strata $286

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

estimated payment

$2,915/ monthly

loan $535,200

25-year amortization

down payment20% · $133,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $339,231
property transfer tax: $11,380; BC general rate
cash to close: $145,180; down + PTT
total paid: $874,431

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.

Rent: $2,175/mo
After all costs: −$1,453/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,915 · tax $219 · strata $286 · 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

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