9.7% price reduction, 15.47% cheaper than comparables

701 Delestre Ave, Coquitlam, BC

$2,799,000
Est. Mortgage /mo

MLS® R3003997

9 Beds
7 Baths
5612 sqft
499 $ /sqft
2010 built
$2,799,000
$3,100,000
Est. /mo with 20% down
$499/sqft · Tax $14,813/2025
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

Property Details & Specs

9.7% price reduction 15.47% cheaper than comparables

Court-ordered sale - 5500sqft+ home offers exceptional development potential in one of Coquitlam’s fastest-growing areas. Designated RM-3 Medium Density Residential in the Official Community Plan, the property supports 7+ storey apartment development (FSR 2.45) or 4–6 storey options (FSR 2.3)— buyer to verify with City - Ideal for investors, builders, or end-users looking to hold or occupy while awaiting redevelopment. Located in the heart of the Lougheed City Centre Core, with convenient access to public transit, Lougheed Hwy, shopping, and upcoming infrastructure. Property sold as-is, where-is. Schedule A to accompany all offers. Priced well under assessment value $3,324,000 initial offer can have subjects/conditions - please contact for more info on the court process.

General Info

Price $2,799,000
Total Bedrooms 9
Total Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 5612
Lot Size 10248
Lot Size Depth Feet
Lot Size Frontage 95
Basement Full
Basement Features -

Property Metrics

Year Built 2010
Age Of Building 16
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3003997
Building Name -
Area Coquitlam
Neighbourhood Coquitlam West
City Coquitlam
Postal Code V3K 2G1
Price per Sqft $499
Gross Taxes $14,812.85
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Triple, Open, Front Access
Total Parking Spaces 5
Listed by: Argus Estates (1983) Ltd.

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.

Neighborhood & Transit Info

Private Schools

Elementary
Our Lady of Fatima School
0.28 km
Secondary
Coquitlam College
1.23 km

Closest Transit

Bus Stop
Westbound Lougheed Hwy @ 600 Block
0.2 km
Skytrain
Skytrain @ Braid Stn
0.87 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
30.6%
No Certificate/Degree
Below Average
11.9%
Owner Occupied
Average
66.9%
Employment Rate
Average
64.3%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $1,234
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $11,924/month in total housing costs on this $2,799,000 property — $10,690 mortgage payment, $1,234 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $6,851/month estimated rent and $12,157/month in total housing costs, this property has a -$5,306/month cashflow. Break-even down payment: approximately 60%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,799,000
Coquitlam Loading...
Coquitlam West Loading...
No active comparables are currently available for this property type in Coquitlam. Pricing context may be limited at this time. This property is flagged as a Hot Deal (9.7% price reduction, 15.47% cheaper than comparables) 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

Property FAQs

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

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