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$649,888

801 738 FARROW STREET

Coquitlam · MLS® R3165898

3 bed · 2 bath · 1,196 sq ft · 1 parking

Condo · Single Family · built 1991 · 20 days on market

Listed by Iris Chen, Royal LePage West Real Estate Services

Realtor's description

Southwest/east corner unit with city views. Spacious 2-bedroom unit with potential for a 3rd bedroom, with abundant natural light. 2 full bathrooms and in-suite laundry. 2 large balconies provide a nice cross-breeze. Efficient floor plan. A great complex with proactive strata. Amenities include indoor and outdoor pools, a hot tub, a sauna, and a party/games room. On-site caretaker (the strata owns the caretaker suite). Building has been re-piped with newer elevators and fire panel. Lobbies have been upgraded. Parking and good-size storage locker (with option to rent 2nd stall). Fantastic location, a short 3-minute walk to Burquitlam SkyTrain station, YMCA, shopping, recreation, and park. Pets OK (2 small dogs or 2 cats).Ready to move in! Bonus: new appliances! Open Oct 3-4 1:30-3pm

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,196 sq ft
Parking: 1
Year built: 1991
Strata fee: $651 / mo ($0.54 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 20
MLS®: R3165898

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Price check

Below typical for the area (-31%)

2026 assessment: $668,000 · asking is -2.7%
Price per sq ft: $543 vs $786 median for condos in Coquitlam for sale (512)

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 20 days · no price changes so far

The market here

Listed now: 44 days; median for 512 condos for sale; this one 20 days

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

Monthly cost

$3,482/mo

Mortgage $2,831 · Strata $651

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

estimated payment

$2,831/ monthly

loan $519,910

25-year amortization

down payment20% · $129,97820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $329,540
property transfer tax: $10,998; BC general rate
cash to close: $140,975; down + PTT
total paid: $849,450

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: $2,627/mo
After all costs: −$1,100/mo
Cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,831 · strata $651 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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