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$640,000

314 2958 SILVER SPRINGS BOULEVARD

Coquitlam · MLS® R3143733

All units at 2958 Silver Springs Blvd →

2 bed · 2 bath · 984 sq ft · 1 parking

Condo · Single Family · built 2005 · 94 days on market

Listed by Daniel Hui, RA Realty Alliance Inc.

Realtor's description

Welcome to Tamarisk at Silver Springs! This Bright and Spacious 2 bed 2 bath built by Award Winning Polygon. Featuring an open concept living space, excellent for entertaining family and friends, two large bedrooms, two full bathrooms; Master bedroom with a walk in closet and large ensuite bathroom plus double sinks and a large soaker tub. Just steps away from Lafarge Lake & mins away from Coquitlam Centre, Skytrain Station, Douglas College & various schools, restaurants. Amenities include an Outdoor pool, Hot tub, Gym, Party room, outdoor BBQ and Patio area and much more.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 984 sq ft
Parking: 1
Year built: 2005
Property tax: $2,648 / yr
Strata fee: $481 / mo ($0.49 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 94
MLS®: R3143733

Features

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

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-18%)

2026 assessment: $676,000 · asking is -5.3%
Price per sq ft: $650 vs $788 median for condos in Coquitlam for sale (504)
Last sold: $645,000 · Apr 28, 2023

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 94 days · no price changes so far

The market here

Listed now: 43 days; median for 535 condos for sale; this one 94 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$676,000	$2,604

The listing shows $2,648 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

$3,490/mo

Mortgage $2,788 · Tax $221 · Strata $481

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

estimated payment

$2,788/ monthly

loan $512,000

25-year amortization

down payment20% · $128,00020%+ 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: $324,526
property transfer tax: $10,800; BC general rate
cash to close: $138,800; down + PTT
total paid: $836,526

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: −$1,524/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,788 · tax $221 · strata $481 · 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