650 Clarke Road

Coquitlam · MLS® R2559887

321

1,858 sq ft · 9,572 sq ft lot · House · Single Family · built 1951 · 2,034 days on market

listed by Gord Reimer, RE/MAX Sabre Realty Group

realtor's description

WEST COQUITLAM DEVELOPERS and INVESTORS - Currently zoned RT-1 and the Southwest Coquitlam Area Plan calls for medium density apartment. The lot totals approximately 9572 square feet. Conveniently located in the Burquitlam Lougheed Neighbourhood Plan. New developments are being built and are proposed all around this property. Near the Burquitlam Skytrain Station, bus, schools, SFU, parks and shopping. The home is still livable making this a great holding property for investors. Measurements are approximate, buyer to verify if important.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,858 sq ft
lot: 9,572 sq ft
parking: 1
year built: 1951
property tax: $4,667 / yr
days on market: 2,034
MLS®: R2559887

features

Central location

the market here

listed now: 60 days; median for 430 houses for sale; this one 2034 days

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

property tax by year

year	assessed	est. tax
2026	$1,415,700	$5,453

The listing shows $4,667 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

$10,192/mo

Mortgage $9,803 · Tax $389

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

estimated payment

$9,803/ monthly

loan $1,800,000

25-year amortization

down payment20% · $450,00020%+ 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: $1,140,910
property transfer tax: $45,500; BC general rate
cash to close: $495,500; down + PTT
total paid: $2,940,910

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.

location

lot outline: 890 m² (9,580 sq ft) · PID 008-279-144. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Rapid transit: Burquitlam SkyTrain station, 600 m (about 9 min walk); Lougheed Town Centre SkyTrain station, 2.1 km (about 33 min walk).

development nearby

Development permit for a 26 storey, 288 unit building
210 m away · 2023 · under review · 625 Como Lake Ave
Construct a 26-storey tower and seven-storey podium with 288 market-rental units (Phase 3 of entire project)
Rezoning for a 6 storey, 156 unit building
390 m away · 2023 · approved · 564, 568, 574 Harrison Ave & 565, 569, 575 Kemsley Ave
Construct a six-storey wood-frame condominium building containing 156 residential units over a two-level underground parkade.
Rezoning for a 6 storey, 151 unit building
340 m away · 2025 · under review · 721, 723, 729, 731, 737, 739 Como Lake Ave & 804 Robinson St
Construct a six-storey residential building with 151 units.
Rezoning for 118 homes
290 m away · 2023 · conditionally approved · 614, 616, 618, 620, 622 & 624 Thompson Avenue
Construct 118 townhouses.
Rezoning for a 3 storey, 78 unit building
290 m away · 2023 · approved · 626, 634, 636 & 638 Thompson Ave
Construct 5 three-storey townhomes totaling 78 units.

And 2 smaller applications nearby.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Coquitlam development applications.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.