$879,000

3207 537 COTTONWOOD AVENUE

Coquitlam · MLS® R3073504

2 bed · 2 bath · 874 sq ft · 1 parking

Condo · Single Family · built 2025 · 300 days on market

Listed by Michael Wang, Magsen Realty Inc.

Realtor's description

Jinju - Anthem's newest development in Coquitlam West steps from the Burquitlam station. This 2 bedroom + Den 2 bathroom home offers quality living with its gourmet kitchen including an island that seats 4, functional pantry, 5-gas burner designer stove, and more. Practical floorplan with bedrooms on opposite sides, as well as central AC for those hot summer months! Your next home is just steps away from parks, shopping, restaurants, and transit. 25000 sf amenities include: concierge, gym, yoga room, spa, sauna, lounge, co-working space/study, guest suite, games room. 1 huge parking stall & 1 locker.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 874 sq ft
Parking: 1
Year built: 2025
Strata fee: $493 / mo ($0.56 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 300
MLS®: R3073504

Features

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

Price check

Above typical for the area (+28%)

Price per sq ft: $1,006 vs $786 median for condos in Coquitlam for sale (513)

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 300 days

The market here

Listed now: 44 days; median for 513 condos for sale; this one 300 days

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

Monthly cost

$4,323/mo

Mortgage $3,830 · Strata $493

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

estimated payment

$3,830/ monthly

loan $703,200

25-year amortization

down payment20% · $175,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $445,716
property transfer tax: $15,580; BC general rate
cash to close: $191,380; down + PTT
total paid: $1,148,916

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: −$2,357/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,830 · strata $493 · 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