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$1,898,000

487 ALOUETTE DRIVE

Coquitlam · MLS® R3158489

7 bed · 5 bath · 4,274 sq ft · 7,744 sq ft lot · 6 parking

House · Single Family · built 1983 · 45 days on market

Listed by Jennifer(Hui Chen) Wang, Nu Stream Realty Inc.

Realtor's description

Welcome to 487 Alouette Drive, a spacious 7-bedroom, 5-bathroom home offering over 4,200 sq. ft. across three levels in desirable Coquitlam East. Enjoy beautiful valley and mountain views, abundant natural light, and a peaceful setting beside greenbelt. The main floor features generous living and dining areas, a bright open kitchen, family room and ensuite bedroom. Upstairs offers four bedrooms, including a large primary suite with walk-in closet and spa-inspired ensuite, plus a media room. The fully finished lower level has a separate entrance, second kitchen, two bedrooms and flexible living space ideal for extended family. Double garage, expansive patios and decks, and convenient access to schools, transit, parks and recreation. School Catchment: Dr. Charles Best Secondary

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 5
Living area: 4,274 sq ft
Lot: 7,744 sq ft
Parking: 6
Year built: 1983
Property tax: $6,597 / yr
Days on market: 45
MLS®: R3158489

Features

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-25%)

2026 assessment: $1,894,000 · asking is +0.2%
Price per sq ft: $444 vs $589 median for houses in Coquitlam for sale (441)

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 45 days · no price changes so far

The market here

Listed now: 57 days; median for 456 houses for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,894,000	$7,296

The listing shows $6,597 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

$8,819/mo

Mortgage $8,269 · Tax $550

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

estimated payment

$8,269/ monthly

loan $1,518,400

25-year amortization

down payment20% · $379,60020%+ 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: $962,421
property transfer tax: $35,960; BC general rate
cash to close: $415,560; down + PTT
total paid: $2,480,821

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

Suite rent: $1,708/mo
Your cost after the suite: $7,423/mo; vs $8,994 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $8,269 · tax $550 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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