2002 505 Nelson St, Coquitlam BC - Apartment/Condo for Sale - MLS# R3128184

$699,000
Est. Mortgage $3,092/mo
West
2 Beds
2 Baths
783 sqft
893 $ /sqft
601.46 $ Maint. fee
2024 built
12.5% price reduction
$699,000
$799,000
Est. $3,092/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 2002 505 Nelson Street

12.5% price reduction

Welcome to West at 505 Nelson in Austin Heights by renowned developer Beedie. An impressive high-level corner unit in the heart of Coquitlam's vibrant urban centre. This bright 2 bed 2 bath home features 2 balconies with breathtaking mountain, water and city views, creating the perfect backdrop for morning coffee or evening relaxation. Surrounded by everyday conveniences, you're steps to restaurants, cafes, groceries, shopping, entertainment, parks, and transit making daily living effortless. The functional layout is filled with natural light and ideal for homeowners or investors seeking lifestyle and location. Residents enjoy access to premium amenities including a gym, ball court and party lounge. A rare opportunity to own a view home in one of Coquitlam's most connected communities.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Guest Suite, Storage
Heating Type Forced Air, Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description PANORAMIC CITY AND WATER
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $699,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 783
Year Built 2024
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal
Building Name West
Ownership Type Freehold Strata
Maintenance Fee $601.46
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes
Units In Development 194

Lot & Land

MLS® # R3128184
Area Coquitlam
Neighbourhood Central Coquitlam
City Coquitlam
Postal Code V3J 0R5
Gross Taxes $2,755.61
Zoning C-5

Property Timeline

Status Date Price
R3128184 / Active 05-25-2026 $699,000
R3098056 / Terminated 03-10-2026 $750,000
R2956727 / Terminated 01-15-2025 $979,900
Rooms
Floor Type Dimensions
Main Level Living Room 12'7 x 12'7 ft
Main Level Dining Room 9' x 9' ft
Main Level Kitchen 9'10 x 9'10 ft
Main Level Primary Bedroom 9' x 9' ft
Main Level Bedroom 12'2 x 12'2 ft
Main Level Foyer 6'3 x 6'3 ft
Main Level Laundry 3'9 x 3'9 ft
Main Level Other 17'8 x 17'8 ft
Main Level Other 4' x 4' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: RE/MAX Crest Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Traditional Learning Academy
Above Average
0.71 km
8.4/10
Elementary, Secondary
Traditional Learning Academy
Above Average
0.71 km
8.4/10

Closest Transit

Bus Stop
Westbound Austin Ave @ Nelson St
0.04 km
Skytrain
Skytrain @ Braid Stn
2.14 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average
19.4%
No Certificate/Degree
Above Average
18.6%
Owner Occupied
Average
61.8%
Employment Rate
Average
57.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

60 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.14 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CENTRAL COQUITLAM compares
This property
45 DOM
Average
Central Coquitlam avg
49 DOM
Average
Coquitlam avg
49 DOM
Slower market

2002 505 Nelson Street has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 15.4% and an area average of 49 days on market — conditions are balanced. With only 456 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3J 0R5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3J 0R5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Port Moody Rocky Point Park, Port Moody (~3.7 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Coquitlam currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32.3 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.

Precipitation Increasing

Annual precipitation ~2131 mm (1981–2010 baseline), projected ~2209 mm by the 2050s. Extreme 1-day rainfall: ~69.3 mm baseline, ~75.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~20 days baseline, ~22 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2002 505 Nelson Street

Pre-computed routes from 2002 505 Nelson St, Coquitlam, BC

By transit (Skytrain)

  • Downtown Vancouver via Braid → Waterfront
    59 min
  • Metrotown, Burnaby via Braid → Metrotown
    44 min
  • SFU Burnaby via Braid → Production Way
    34 min
  • Richmond Centre via Braid → Brighouse
    84 min
  • YVR Airport via Braid → YVR-Airport
    85 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    22 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    5 min
  • Richmond Centre via No. 3 Rd
    26 min
  • YVR Airport via Bridgeport / Sea Island
    28 min

Calculate your commute

2002 505 Nelson St, Coquitlam, BC is ideally located for commuters. The property is 2.1 km from Braid, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Austin Ave @ Nelson St (0.04 km). Walk Score Transit rating: Some Transit (39/100).

Walkability & Transit Near 2002 505 Nelson Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 2002 505 Nelson Street

/month
Principal & Interest
Property Taxes $230
Maintenance fee 601.46
With a 20% down payment, buyers can expect an estimated $3,501/month in total housing costs on this $699,000 property — $2,670 mortgage payment, $230 property tax, $601 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,506/month estimated rent and $3,558/month in total housing costs, this property has a -$1,052/month cashflow. Break-even down payment: approximately 52%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Central Coquitlam, Coquitlam

Beds Home Types Square Feet Lot Size Year Built
This Home $699,000
Coquitlam Loading...
Central Coquitlam Loading...

Based on 16 comparable active apartments/condos in Central Coquitlam, the average asking price is $778,963. This listing is priced 10.3% below the neighbourhood average. This property is flagged as a Hot Deal (12.5% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2002 505 Nelson Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

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