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$573,000

312 1420 PARKWAY BOULEVARD

Coquitlam · MLS® R3159797

2 bed · 2 bath · 905 sq ft · 2 parking

Condo · Single Family · built 2001 · 38 days on market

Listed by Eric Jung, Sutton Premier Realty

Realtor's description

Welcome to the MONTREUX by Polygon. One of the 'Best locations' in the complex! This inviting 2 bedroom, 2 bath home with spectacular views of Mt Baker overlooks the outdoor pool and hot tub. Nice open floor plan with breakfast bar, maple cabinets, laminate floors, feature wall with gas fireplace. Insuite laundry and bedrooms on opposite sides makes it a great find! 2 parking stalls, full gym, steps to shopping, transit, schools and trails. 2 Parking spots! Don't Miss

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 905 sq ft
Parking: 2
Year built: 2001
Property tax: $2,327 / yr
Strata fee: $422 / mo ($0.47 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 38
MLS®: R3159797

Features

Cul-de-sac
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Below typical for the area (-19%)

2026 assessment: $644,000 · asking is -11%
Price per sq ft: $633 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 38 days · no price changes so far

The market here

Listed now: 43 days; median for 532 condos for sale; this one 38 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$644,000	$2,481

The listing shows $2,327 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

$3,112/mo

Mortgage $2,497 · Tax $194 · Strata $422

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

estimated payment

$2,497/ monthly

loan $458,400

25-year amortization

down payment20% · $114,60020%+ 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: $290,552
property transfer tax: $9,460; BC general rate
cash to close: $124,060; down + PTT
total paid: $748,952

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: $2,175/mo
After all costs: −$1,146/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,497 · tax $194 · strata $422 · 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