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$775,000

32 12268 189A STREET

Pitt Meadows · MLS® R3153678

All units at 12268 189a St →

3 bed · 3 bath · 1,687 sq ft · 2 parking

Townhouse · Single Family · built 1992 · 62 days on market

Listed by Rob Johnson, Sutton Group - 1st West Realty

Realtor's description

Welcome to Meadow Lane Estates. This large 3 bedroom & 3 bathroom home has a classic layout & design with several key features including: very spacious bedrooms; newer carpets; formal living & dining room with a cozy gas fireplace; large family room off the functional kitchen & eating area; separate laundry room; double wide garage; west facing private patio. This home is well maintained & located in a desirable complex within walking distance to many amenities such as: Highland Park Elementary School, West Coast Express Commuter Rail, Transit, Pitt Meadows Rec Centre + all downtown amenities. Easy to show and ready for quick possession.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,687 sq ft
Parking: 2
Year built: 1992
Property tax: $5,042 / yr
Strata fee: $634 / mo ($0.38 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 62
MLS®: R3153678

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

Features

Central location
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-7.9%)

2026 assessment: $890,000 · asking is -13%
Price per sq ft: $459 vs $499 median for townhouses in Pitt Meadows for sale (27)

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 62 days · no price changes so far

The market here

Listed now: 30 days; median for 27 townhouses for sale; this one 62 days

Townhouses in Pitt Meadows. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$890,000	$4,114

The listing shows $5,042 a year in property tax.

Estimate: the BC Assessment value times Pitt Meadows'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

$4,431/mo

Mortgage $3,377 · Tax $420 · Strata $634

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

estimated payment

$3,377/ monthly

loan $620,000

25-year amortization

down payment20% · $155,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $392,980
property transfer tax: $13,500; BC general rate
cash to close: $168,500; down + PTT
total paid: $1,012,980

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: $2,026/mo
After all costs: −$2,742/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,377 · tax $420 · strata $634 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in Pitt Meadows (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