735 Lea Avenue

1 / 26

$1,300,000

735 Lea Avenue

Coquitlam · MLS® R3177834

314

1,069 sq ft · 6,953 sq ft lot · House · Single Family · built 1952 · 5 days on market

listed by Jia Yoo, 1NE Collective Realty Inc.

realtor's description

Prime investment opportunity in one of Coquitlam´s fast-growing neighbourhoods! This 6,935 sq.ft RT-1 lot with laneway access in Coq West, just 8 minutes walk to Burquitlam SkyTrain, falls within TOA Tier 3 area under Bill 47, offering future redevelopment potential up to 3.0 FSR (~3x lot size) and 8 storeys. Buy and live in as-is, build a duplex, or rent/hold for future land assembly opportunities. Flexible living today. Smart investment for tomorrow. Property SOLD AS IS WHERE IS. Close to SFU, Lougheed Town Centre, schools, parks and Hwy 1. Buyers to verify all development potential and zoning details with the City of Coquitlam

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,069 sq ft
lot: 6,953 sq ft
parking: 4
year built: 1952
property tax: $5,353 / yr
days on market: 5
MLS®: R3177834

features

Central location
All

the market here

listed now: 61 days; median for 427 houses for sale; this one 5 days

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

property tax by year

year	assessed	est. tax
2026	$1,491,200	$5,744

The listing shows $5,353 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

$6,110/mo

Mortgage $5,664 · Tax $446

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

estimated payment

$5,664/ monthly

loan $1,040,000

25-year amortization

down payment20% · $260,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $659,193
property transfer tax: $24,000; BC general rate
cash to close: $284,000; down + PTT
total paid: $1,699,193

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: 644 m² (6,932 sq ft) · PID 001-973-096. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Rapid transit: Burquitlam SkyTrain station, 800 m (about 12 min walk); Lougheed Town Centre SkyTrain station, 2.2 km (about 34 min walk).

development nearby

Development permit for a 26 storey, 288 unit building
340 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, 151 unit building
120 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 a 6 storey, 69 unit building
210 m away · 2022 · under review · 701 Como Lake & 801, 803, 805 Dogwood
Construct a six-storey apartment building with 69 units and variance to reduce the setback from Dogwood Street from 4.0m to 2.7m.

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.