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$2,500,000

521 BROOKMERE AVENUE

Coquitlam · MLS® R3158265

5 bed · 2 bath · 2,302 sq ft · 7,448 sq ft lot · 4 parking

House · Single Family · built 1954 · 43 days on market

Listed by Emily Ching, eXp Realty

ATTENTION DEVELOPERS & INVESTORS | PRIME REDEVELOPMENT SITE Rare chance to buy into an existing land assembly in Coquitlam West, within the Lougheed Town Centre Station TOD Tier 3 zone. This 7,448 sq.ft. lot offers an outstanding FSR of 3.0, supporting a mid-rise development up to 8 storeys. This 5-BR & 2-bath home offers solid holding income while you plan redevelopment. The property is priced below typical assembly values to provide an attractive entry point for investors and developers seeking to secure an ideally positioned, strategic site in a rapidly evolving, transit-oriented neighbourhood just minutes to SkyTrain, Lougheed Town Centre, shopping, and dining. Don´t miss this opportunity to acquire a strategic piece within a major transit-oriented redevelopment corridor. Ideal for land-banking, joint venture, or future assembly uplift. Strong rental potential, easy freeway access, and proximity to SFU and future amenities enhance long-term value.

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 2,302 sq ft
Lot: 7,448 sq ft
Parking: 4
Year built: 1954
Property tax: $7,132 / yr
Days on market: 43
MLS®: R3158265

Price per sq ft: $1,086 vs $594 median for houses in Coquitlam for sale (439)

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.

On market 43 days

$11,487/mo

Mortgage $10,892 · Tax $594

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

estimated payment

$10,892/ monthly

loan $2,000,000

25-year amortization

down payment20% · $500,00020%+ 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: $1,267,678
property transfer tax: $53,000; BC general rate
cash to close: $553,000; down + PTT
total paid: $3,267,678

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.

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