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$398,000

701 2975 ATLANTIC AVENUE

Coquitlam · MLS® R3093298

All units at 2975 Atlantic Ave →

1 bed · 1 bath · 548 sq ft · 1 parking

Condo · Single Family · built 2014 · 227 days on market

Listed by Bo Yang Wu, Nu Stream Realty Inc.

Realtor's description

Grand Central 3 by Intergulf. Located in the heart of Coquitlam Centre area. All walking distances to the shopping mall, restaurants, library, schools, skytrain station, Douglas college, town centre park. Enjoying the Mountain view and beautiful, tranquil roof garden in the room. Well maintained home like new. Eight-foot-eight-inch high ceiling. Quartz countertops, tile backsplash and KitchenAid SS appliances give the kitchen a sleek look. Thru-out laminate floors makes it easy cleanup and maintenance. Building amenities include clubhouse, exercise room, yoga room, table tennis room, billiards room. Outdoor pool & hot tub, kids´ playground, and garden are inaccessible to the public. 1 parking and 1 locker. Great opportunity for first time buyers or investor. Must see!!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 548 sq ft
Parking: 1
Year built: 2014
Property tax: $1,627 / yr
Strata fee: $278 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 227
MLS®: R3093298

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Price check

Below typical for the area (-7.8%)

2026 assessment: $460,000 · asking is -13%
Price per sq ft: $726 vs $788 median for condos in Coquitlam for sale (506)

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 227 days · no price changes so far

The market here

Listed now: 39 days; median for 543 condos for sale; this one 227 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$460,000	$1,772
2025	$463,000	$1,627

Estimated tax up 8.9% from 2025 to 2026.

The listing shows $1,627 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

$2,148/mo

Mortgage $1,734 · Tax $136 · Strata $278

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

estimated payment

$1,734/ monthly

loan $318,400

25-year amortization

down payment20% · $79,60020%+ 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: $201,814
property transfer tax: $5,960; BC general rate
cash to close: $85,560; down + PTT
total paid: $520,214

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: $1,708/mo
After all costs: −$612/mo
Cap rate: 3.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,734 · tax $136 · strata $278 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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