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$559,000

605 2968 GLEN DRIVE

Coquitlam · MLS® R3129725

All units at 2968 Glen Dr →

2 bed · 2 bath · 851 sq ft · 1 parking

Condo · Single Family · built 2012 · 133 days on market

Listed by Lynn Li, RA Realty Alliance Inc.

Realtor's description

Welcome to this beautifully renovated 2-bedroom, 2-bathroom condo in the heart of Coquitlam Centre - where modern, bright living meets unbeatable convenience. Every detail of this thoughtfully updated home has been designed with functionality in mind. Fresh, light-filled interiors create an inviting atmosphere from the moment you walk in, while the smart layout maximizes every square foot. Whether you're a first-time buyer, downsizer, or savvy investor, this move-in-ready suite checks every box. The location is truly second to none. Steps from Coquitlam Centre Mall, Lincoln SkyTrain Station, and the Evergreen Line, commuting to downtown Vancouver or exploring the Tri-Cities is effortless.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 851 sq ft
Parking: 1
Year built: 2012
Property tax: $2,299 / yr
Strata fee: $410 / mo ($0.48 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 133
MLS®: R3129725

Features

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

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-16%)

2026 assessment: $628,000 · asking is -11%
Price per sq ft: $657 vs $786 median for condos in Coquitlam for sale (510)

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 133 days · no price changes so far

The market here

Listed now: 39 days; median for 545 condos for sale; this one 133 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$628,000	$2,419

The listing shows $2,299 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

$3,037/mo

Mortgage $2,436 · Tax $192 · Strata $410

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

estimated payment

$2,436/ monthly

loan $447,200

25-year amortization

down payment20% · $111,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $283,453
property transfer tax: $9,180; BC general rate
cash to close: $120,980; down + PTT
total paid: $730,653

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: −$1,071/mo
Cap rate: 2.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,436 · tax $192 · strata $410 · 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