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$879,898

87 688 EDGAR AVENUE

Coquitlam · MLS® R3159184

2 bed · 2 bath · 1,190 sq ft · 2 parking

Townhouse · Single Family · built 2009 · 42 days on market

Listed by Michael Vincent Bortolin, One Percent Realty Ltd.

Realtor's description

Welcome to this charming colonial-inspired townhome in a quiet Coquitlam pocket. 2 bed, 2 bath with 9ft ceilings, open-concept living, and a kitchen featuring wood shaker cabinets and granite counters. Laminate floors, double-basin ensuite vanities, and oversized windows flooding the space with natural light. Enjoy a 2-car garage, spacious backyard, and a sweet front veranda. Location is a major win - steps to the bus, 10-min walk to Lougheed SkyTrain, and easy access to Hwy 1, shopping, and dining. A perfect place to call home.

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,190 sq ft
Parking: 2
Year built: 2009
Strata fee: $291 / mo ($0.24 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 42
MLS®: R3159184

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Above typical for the area (+19%)

2026 assessment: $898,000 · asking is -2.0%
Price per sq ft: $739 vs $620 median for townhouses in Coquitlam for sale (158)

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 42 days · no price changes so far

The market here

Listed now: 35 days; median for 158 townhouses for sale; this one 42 days

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

Monthly cost

$4,125/mo

Mortgage $3,834 · Strata $291

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

estimated payment

$3,834/ monthly

loan $703,918

25-year amortization

down payment20% · $175,98020%+ 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: $446,171
property transfer tax: $15,598; BC general rate
cash to close: $191,578; down + PTT
total paid: $1,150,089

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: $2,175/mo
After all costs: −$2,299/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,834 · strata $291 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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