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$528,000

E703 618 SHAW AVENUE

Coquitlam · MLS® R3139013

All units at 618 Shaw Ave →

1 bed · 1 bath · 490 sq ft · 1 parking

Condo · Single Family · built 2027 · 107 days on market

Listed by Will Zhao, RE/MAX Crest Realty

Realtor's description

ASSIGNMENT OF SALE! Project LEVEL by Jayen Properties - a beautiful 1 Bedroom 1 bathrooms condo with 490 sqft interior on top floor. One Parking spot and one locker. Easy access to Lougheed SkyTrain Station and within walking distance to major amenities. The unit features refreshing and contemporary, light and airy design with lofty 9' ceilings. Amenities include over 7,000 square feet of indoor and outdoor amenities including a gym, party room, lounge and rooftop BBQ garden area. Completion in 2027. One A/C unit will be included.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 490 sq ft
Parking: 1
Year built: 2027
Strata fee: $260 / mo ($0.53 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 107
MLS®: R3139013

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Price per sq ft: $1,078 vs $786 median for condos in Coquitlam for sale (505)

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 107 days · no price changes so far

The market here

Listed now: 44 days; median for 505 condos for sale; this one 107 days

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

Monthly cost

$2,560/mo

Mortgage $2,300 · Strata $260

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

estimated payment

$2,300/ monthly

loan $422,400

25-year amortization

down payment20% · $105,60020%+ 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: $267,734
property transfer tax: $8,560; BC general rate
cash to close: $114,160; down + PTT
total paid: $690,134

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: $1,708/mo
After all costs: −$1,024/mo
Cap rate: 2.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,300 · strata $260 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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

Location

The building's lot: 5,193 m² (55,897 sq ft) · PID 031-194-117. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

CoquitlamGoogle Maps ↗

Location

CoquitlamGoogle Maps ↗

Development nearby

Development permit for a 48 storey, 443 unit building
360 m away · 2023 · under review · 321 Alderson Avenue (SOCO 4)
Construct one 48-storey tower with 443 market strata units and a 2-storey daycare.
Rezoning for a 39 storey, 252 unit building
250 m away · 2021 · under review · 566 Lougheed Hwy
Construct two residential towers: one 39-storey tower with 371 market condo units, and one 30-storey tower with 252 market rental units and 26 below-market rental units.
Rezoning for 235 homes
200 m away · 2025 · under review · 576 Lougheed Highway
Construct a mixed use residential and commercial building with 235 residential units, a child care facility 8 CRUs.
Rezoning for 25 homes
320 m away · 2023 · conditionally approved · 573, 601, 605 Madore Ave
Construct 25 townhouse units (16 of which have lock-off suites).
Subdivision for 7 homes
290 m away · 2023 · approved · 651 Rochester Avenue
Heritage Revitalization Agreement to permit the restoration of the existing heritage home and construction of 1 new single family home and 5 multiplex units, for 7 units total.

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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