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$475,000

310 2970 PRINCESS CRESCENT

Coquitlam · MLS® R3141123

All units at 2970 Princess Cres →

1 bed · 1 bath · 833 sq ft · 2 parking

Condo · Single Family · built 1995 · 101 days on market

Listed by Josh Spence, Royal LePage Sterling Realty

Realtor's description

RARE 1 bed & den at The Montclaire! This well-designed home features updated flooring throughout, a spacious primary bedroom with walk-in closet and a modern Jack & Jill ensuite, plus a functional den perfect for a home office. Enjoy an upgraded kitchen with stainless steel appliances, along with a full-size washer & dryer and a large private balcony. TWO side by side parking and storage locker included. Located in the heart of Coquitlam Town Centre, you´re just steps to Lafarge Lake, Town Centre Park, SkyTrain, Coquitlam Centre, the aquatic complex, restaurants, and more - offering the perfect blend of urban convenience and outdoor lifestyle.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 833 sq ft
Parking: 2
Year built: 1995
Property tax: $1,828 / yr
Strata fee: $414 / mo ($0.50 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 101
MLS®: R3141123

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Cul-de-sac
Elevator
Pets Allowed With Restrictions
All
Intercom

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-28%)

2026 assessment: $509,000 · asking is -6.7%
Price per sq ft: $570 vs $789 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 101 days · no price changes so far

The market here

Listed now: 43 days; median for 535 condos for sale; this one 101 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$509,000	$1,961

The listing shows $1,828 a year in property tax.

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

$2,635/mo

Mortgage $2,070 · Tax $152 · Strata $414

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

estimated payment

$2,070/ monthly

loan $380,000

25-year amortization

down payment20% · $95,00020%+ 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: $240,859
property transfer tax: $7,500; BC general rate
cash to close: $102,500; down + PTT
total paid: $620,859

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: −$1,099/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,070 · tax $152 · strata $414 · 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