3177 Toba Drive

Coquitlam · MLS® R3147111

633

2,542 sq ft · 4,165 sq ft lot · House · Single Family · built 1981 · 98 days on market

listed by Craig Cook, RE/MAX Sabre Realty Group

realtor's description

New horizons location with a three bedroom newly renovated suite in a basement entry design with family room on the main floor to give it the extra size. Roof and hot water tank 2024. Partial fence 2026. Same owner for many years. Immediate occupancy could be provided. 200 amp service.

property details

type: House, Single Family
bedrooms: 6
bathrooms: 3
living area: 2,542 sq ft
lot: 4,165 sq ft
parking: 3
year built: 1981
property tax: $4,952 / yr
days on market: 98
MLS®: R3147111

features

Central location
All
Central Vacuum

the market here

listed now: 62 days; median for 425 houses for sale; this one 98 days

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

property tax by year

year	assessed	est. tax
2026	$1,292,000	$4,977

The listing shows $4,952 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

$6,045/mo

Mortgage $5,633 · Tax $413

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,633/ monthly

loan $1,023,840

25-year amortization

down payment20% · $255,96020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 29, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $665,933
property transfer tax: $23,596; BC general rate
cash to close: $279,556; down + PTT
total paid: $1,689,773

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $3,110/mo
your cost after the suite: $3,359/mo; vs $6,220 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $5,633 · tax $413 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 3-bedroom in Coquitlam: CMHC's average there ($2,627) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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