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$659,900

414 2968 BURLINGTON DRIVE

Coquitlam · MLS® R3174324

All units at 2968 Burlington Dr →

2 bed · 2 bath · 1,013 sq ft · 1 parking

Condo · Single Family · built 1993 · listed today

Listed by Jamie Ha, Oakwyn Realty Ltd.

Realtor's description

Penthouse living at The Burlington. Rarely available top floor home with a spacious, well planned layout and generous storage throughout. Large west facing windows, in the living room and both bedrooms, frame city and beautiful mountain views. The spacious balcony extends your living outdoors. Cozy gas fireplace in the living room. Kitchen appliances, flooring and paint have been updated. Residents enjoy beautifully maintained garden grounds, recently fully renovated, plus a new podium waterproofing membrane. Plenty of visitor parking. Walking distance to Coquitlam Centre Mall, Lafarge Lake, Transit & SkyTrain, restaurants, cafés and everyday essentials. School catchments include Glen Elementary, Scott Creek Middle, Pinetree Secondary, and Douglas College only steps away.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,013 sq ft
Parking: 1
Year built: 1993
Property tax: $2,271 / yr
Strata fee: $527 / mo ($0.52 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 0
MLS®: R3174324

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

Features

Central location
Private setting
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Below typical for the area (-17%)

Price per sq ft: $651 vs $788 median for condos in Coquitlam for sale (505)

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 0 days

The market here

Listed now: 43 days; median for 536 condos for sale; this one listed today

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

Monthly cost

$3,591/mo

Mortgage $2,875 · Tax $189 · Strata $527

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

estimated payment

$2,875/ monthly

loan $527,920

25-year amortization

down payment20% · $131,98020%+ 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: $334,616
property transfer tax: $11,198; BC general rate
cash to close: $143,178; down + PTT
total paid: $862,536

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: −$1,625/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,875 · tax $189 · strata $527 · 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