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$569,000

35 2978 WALTON AVENUE

Coquitlam · MLS® R3105351

2 bed · 2 bath · 960 sq ft · 1 parking

Townhouse · Single Family · built 1988 · 192 days on market

Listed by Jessica Prasad, RE/MAX All Points Realty

Realtor's description

BELOW ASSED VALUE! Fantastic and very peaceful location behind Hoy Creek! Large 2 bed, 2 bath, 2-storey townhouse facing beautiful forest and backing on to the Hoy Creek trails, offering a peaceful setting but walking distance from Coquitlam Centre, Lafarge Lake, Douglas College, steps away from Walton Elementary, and the Evergreen SkyTrain. The main floor features a large kitchen, bright living area with a cozy fireplace, and access to a generous private balcony where you can peacefully relax in front of the greenbelt and listen to the creek water. Upstairs offers a second balcony off the primary bedroom and a very spacious second bedroom. 1 underground parking stall, 1 storage locker, and maintenance fees covering heat and hot water! Perfect starter home in central Coquitlam location!

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 960 sq ft
Parking: 1
Year built: 1988
Property tax: $2,212 / yr
Strata fee: $581 / mo ($0.61 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 192
MLS®: R3105351

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

Features

Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-3.9%)

2026 assessment: $577,500 · asking is -1.5%
Price per sq ft: $593 vs $617 median for townhouses in Coquitlam for sale (155)

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 192 days · no price changes so far

The market here

Listed now: 35 days; median for 160 townhouses for sale; this one 192 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$577,500	$2,225
2025	$629,400	$2,212

Estimated tax up 0.6% from 2025 to 2026.

The listing shows $2,212 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

$3,244/mo

Mortgage $2,479 · Tax $184 · Strata $581

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

estimated payment

$2,479/ monthly

loan $455,200

25-year amortization

down payment20% · $113,80020%+ 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: $288,524
property transfer tax: $9,380; BC general rate
cash to close: $123,180; down + PTT
total paid: $743,724

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: −$1,418/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,479 · tax $184 · strata $581 · insurance ~$175 · 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