
315 2985 PRINCESS CRESCENT
Coquitlam · MLS® R3163269
1 bed · 1 bath · 1,101 sq ft · 1 parking
Condo · Single Family · built 1995 · 28 days on market
Listed by Russ Macnab, Royal LePage Elite West
Spacious 1 bed, 1 bath home offering over 1,100 square ft on the 3rd floor of a sought-after 55+ community in Coquitlam. Sun-filled & open, the layout includes a bright kitchen, a generous bedroom & in-suite laundry. Unwind on your own private sundeck, great for coffee, gardening, or evening downtime. This active adult building is packed with amenities: indoor pool, gym, workshop, library, bike storage, guest suites & a full calendar of resident activities. 1 parking stall included. Steps to shopping, recreation & transit, an easy, low-maintenance lifestyle in a well-run building.
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 1,101 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $2,218 / yr
- Strata fee
- $657 / mo ($0.60 / sq ft)
- Strata rules
- Adult Oriented, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 28
- MLS®
- R3163269
- Elevator
- Adult Oriented
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $1,708/mo
- After all costs
- −$1,309/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $2,004 · tax $185 · strata $657 · 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
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