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$1,788,000

963 MERRITT STREET

Coquitlam · MLS® R3160481

7 bed · 6 bath · 4,549 sq ft · 6,600 sq ft lot · 6 parking

House · Single Family · built 1989 · 38 days on market

Listed by Julia Zhou, Pacific Evergreen Realty Ltd.

Realtor's description

COQUITLAM! Sprawling 4,549sq ft home on prestigious Merritt St! Bright & grand main level, perfect for entertaining. Upstairs features 4 bedrooms and 3 full baths with 2 ENSUITES (every room has convenient bathroom access!). Features a long-lasting TILE ROOF and upgraded 200-AMP ELECTRICAL PANEL.MORTGAGE HELPER: Spacious 3-bedroom basement suite with separate entrance-ideal rental income or multi-generational living! Ample street parking plus private driveway. UNBEATABLE LOCATION: Steps from Harbour View Elementary, minutes to scenic Como Lake Park, Como Lake Village shopping, and SkyTrain stations. Exceptional space, quality, and location-a must-see!

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 6
Living area: 4,549 sq ft
Lot: 6,600 sq ft
Parking: 6
Year built: 1989
Property tax: $6,710 / yr
Days on market: 38
MLS®: R3160481

Features

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-33%)

2026 assessment: $1,823,000 · asking is -1.9%
Price per sq ft: $393 vs $589 median for houses in Coquitlam for sale (437)

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 38 days · no price changes so far

The market here

Listed now: 57 days; median for 455 houses for sale; this one 38 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,823,000	$7,022

The listing shows $6,710 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

$8,349/mo

Mortgage $7,790 · Tax $559

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

estimated payment

$7,790/ monthly

loan $1,430,400

25-year amortization

down payment20% · $357,60020%+ 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: $906,643
property transfer tax: $33,760; BC general rate
cash to close: $391,360; down + PTT
total paid: $2,337,043

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: $6,953/mo; vs $8,524 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,790 · tax $559 · 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: 613 m² (6,598 sq ft) · PID 006-382-576. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for 8 homes
110 m away · 2026 · under review · 947 & 949 Lillian Street
Construct 4 units (2 detached units and one Duplex) on each of 2 lots for a total of 8 units.
Development permit for 4 homes
280 m away · 2026 · under review · 969 Gatensbury Street
Construction of a duplex with two secondary suites, for a total of four dwellings as per the SSMUH changes.

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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