1 / 15

$2,899,999

823 CORNELL AVENUE

Coquitlam · MLS® R3166636

8 bed · 8 bath · 5,417 sq ft · 6,306 sq ft lot · 4 parking

House · Single Family · built 2026 · 23 days on market

Listed by Garry Wadhwa, Team 3000 Realty Ltd.

Open house · Saturday, October 10

Realtor's description

Welcome to 823 Cornell Avenue, an exceptional custom-built masterpiece in the heart of Coquitlam´s most desirable neighborhood. This brand-new residence offers 5416 sqft of living space with 8 bedrooms, 8 bathrooms, including a 2-bedroom legal suite. The main level features a grand living room, formal dining, family room, and a gourmet kitchen with Fisher & Paykel appliances, Chef's Kitchen w/Pantry. Upstairs boasts laundry, 4 spacious bedrooms, including a luxurious master retreat. The basement includes sauna, steam shower, wet bar, and rec room. The backyard is perfect for indoor-outdoor living, with a built-in BBQ, artificial turf, and oversized double garage EV Ready. Steps to Como Lake, Skytrain, YMCA, parks, Open House Sat Oct 10 from 2-330pm

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 8
Living area: 5,417 sq ft
Lot: 6,306 sq ft
Parking: 4
Year built: 2026
Property tax: $10,643 / yr
Days on market: 23
MLS®: R3166636

Features

Central location
Cul-de-sac
All
Oven - Built-In

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-9.0%)

2026 assessment: $2,763,000 · asking is +5.0%
Price per sq ft: $535 vs $588 median for houses in Coquitlam for sale (438)

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 23 days · no price changes so far

The market here

Listed now: 56 days; median for 457 houses for sale; this one 23 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,763,000	$10,643

The listing shows $10,643 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

$13,522/mo

Mortgage $12,635 · Tax $887

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

estimated payment

$12,635/ monthly

loan $2,319,999

25-year amortization

down payment20% · $580,00020%+ 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: $1,470,506
property transfer tax: $65,000; BC general rate
cash to close: $645,000; down + PTT
total paid: $3,790,505

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

Suite rent: $1,708/mo
Your cost after the suite: $12,126/mo; vs $13,697 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $12,635 · tax $887 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Location

Lot outline: 595 m² (6,405 sq ft) · PID 032-153-546. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Rezoning for a 6 storey, 97 unit building
270 m away · 2025 · under review · 708, 712 & 714 Guiltner Street
Construct a 6-storey market rental building with a 97 units.
Development permit for a 3 storey, 92 unit building
390 m away · 2024 · approved · 720 Robinson Street
Construct 3 storey residential stacked and non-stacked townhouse units, distributed amongst 8 buildings with 92 townhouse units, over an on-site below grade common off-street parkade with a central neighborhood greenway spine running across the site and 1 amenity building accessible to all units.
Rezoning for 12 homes
370 m away · 2026 · under review · 901 Como Lake Ave
Rezone from R-3 to R-4 and construct 12 units.

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. Sign in (email only) and they follow you to every device.