414 623 Kemsley Avenue

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$709,900

414 623 Kemsley Avenue

Coquitlam · MLS® R3175074

all units at 623 Kemsley Ave →

221

848 sq ft · Condo · Single Family · built 2026 · 13 days on market

listed by Aislynn Radley, Acrosstown Realty Inc.

Open house · Saturday, October 31, 2pm–4pm

realtor's description

This completed 2-Bed/2 Bathroom plus Flex is a desirable layout with separate dining & living space, separated bedrooms and a huge island. Your dining room can fit a full dinner table and is highlighted by a feature wall with tons of pantry and storage space. The kitchen is equipped with a 5-burner gas cooktop, one bowl kitchen sink, lots of cupboard space, large fridge, full size oven, integrated dishwasher and built in microwave. Bright corner home facing a future city park with a large southeast balcony. Comes with an EV ready parking spot, storage locker & designated bike spot. Air conditioning throughout with an energy efficient heat pump - no baseboard heaters or wall hung AC units. Two pets any size. OPEN HOUSE THIS SATURDAY 2PM TO 4PM.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 848 sq ft
parking: 1
year built: 2026
strata fee: $388 / mo ($0.46 / sq ft)
strata rules: Pets Allowed
days on market: 13
MLS®: R3175074

features

Central location
Elevator
Pets Allowed
All

the market here

listed now: 48 days; median for 507 condos for sale; this one 13 days

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

monthly cost

$3,481/mo

Mortgage $3,093 · Strata $388

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

estimated payment

$3,093/ monthly

loan $567,920

25-year amortization

down payment20% · $141,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $359,970
property transfer tax: $0; $12,198 less $12,198 newly built exemption
cash to close: $141,980; down + PTT
total paid: $927,890

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

rent: $2,460/mo
after all costs: −$1,253/mo
cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,093 · strata $388 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Coquitlam: CMHC's average there ($2,175) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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