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$1,599,998

920 HARRIS AVENUE

Coquitlam · MLS® R3157705

5 bed · 3 bath · 2,779 sq ft · 8,118 sq ft lot · 2 parking

House · Single Family · built 1972 · 50 days on market

Listed by Ken Li, Magsen Realty Inc.

Realtor's description

Excellent opportunity for homeowners, investors, and builders. This property offers a legal basement suite with a separate meter, providing a strong rental income potential and flexibility for extended family or mortgage support. Renovated in 2016 and situated on an 8,188 sq. ft. lot with convenient back lane access. Current RT-1 zoning allows duplex use, while the OCP designates the property for Medium-Density Apartment. A solid holding property with immediate rental value and significant long-term redevelopment potential. sale as-is, where-is

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,779 sq ft
Lot: 8,118 sq ft
Parking: 2
Year built: 1972
Property tax: $6,513 / yr
Days on market: 50
MLS®: R3157705

Features

Central location
All

Price check

Typical for the area (-2.2%)

2026 assessment: $1,452,500 · asking is +10%
Price per sq ft: $576 vs $589 median for houses in Coquitlam for sale (439)

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 50 days · no price changes so far

The market here

Listed now: 58 days; median for 455 houses for sale; this one 50 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,452,500	$5,595

The listing shows $6,513 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

$7,514/mo

Mortgage $6,971 · Tax $543

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

estimated payment

$6,971/ monthly

loan $1,279,998

25-year amortization

down payment20% · $320,00020%+ 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: $811,313
property transfer tax: $30,000; BC general rate
cash to close: $350,000; down + PTT
total paid: $2,091,311

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: $6,117/mo; vs $7,689 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,971 · tax $543 · 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: 758 m² (8,159 sq ft) · PID 006-501-061. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Rezoning
390 m away · 2025 · conditionally approved · 911 Delestre Avenue
Construct 2 4-unit multiplex townhomes

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.

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