Property Type: Condo / ApartmentOwnership: Strata

2002 505 NELSON STREET

Coquitlam, BC V3J0R5

$699,000

2 bed2 bath1 parking783 sqftBuilt 2024
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Amenities

Gym

Also listed: Recreation Centre, Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$601/mo
Annual property tax
$2,755.61 (2025)

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3128184
Listed
May 26, 2026
Time on market
On the market for 97 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

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. (id:63159)

Values & Trends

This listing

$893/sqft

Building average

$1,023/sqft

5 active listing(s)

Coquitlam average

$791/sqft

535 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Coquitlam

Monthly figures from the Fraser Valley Real Estate Board for Coquitlam apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$651,400

Jul 2026

Average Sale Price

$624,208

Jul 2026

Monthly Sales

90

Jul 2026

Active Listings

582

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

28 days

Jul 2026

MLS® HPI Benchmark Price

$755,100
$623,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Pitt Meadows

18°C

Humidity 70%

Wind WSW calm km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

148,625

(2021 Census)

+6.7% since 2016

Density: 1,216.7/km²

Dwellings: 58,683

Median household income: $92,000

After-tax: $82,000

Immigrant population: 45.8%

Top countries of origin (% of total population)

  • China8.6% · 12,725
  • Korea, South5.7% · 8,485
  • Iran5.1% · 7,585
  • Hong Kong3.4% · 4,985
  • Philippines2.8% · 4,100
  • Taiwan1.8% · 2,685
  • United Kingdom1.5% · 2,300
  • India1.4% · 2,030

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

74

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Como Lake Middle SchoolMiddle496 m
Lord Baden-Powell ElementaryElementary661 m
Traditional Learning Academy(Independent)Elementary712 m
Ecole Maillard MiddleMiddle901 m
Ecole Rochester ElementaryElementary1.1 km
Cabe SecondaryElementary1.1 km
Our Lady of Fatima(Independent)Elementary1.2 km
Encompass 10-12Secondary1.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound Austin Ave @ Nelson St37 m
Eastbound Austin Ave @ Nelson St63 m
Westbound Austin Ave @ Marmont St221 m
Northbound Blue Mountain St @ Austin Ave283 m
Eastbound Austin Ave @ Marmont St300 m

Nearby Places

Restaurants (5+)

  • Golden Boot25 m
  • Pizza Hut104 m
  • Yoko Sushi · 1001 Austin Avenue141 m
  • Koreana · 1001 Austin Avenue185 m
  • Me-n-Ed's Pizza369 m

Cafes (5+)

  • Jimoco Cafe & Pasta127 m
  • Coffee & Vanilla · 105C Austin Avenue179 m
  • Soul Cup Cafe · 1071 Ridgeway Avenue225 m
  • Tim Hortons · 955 Austin Avenue229 m
  • La Foret · 1135 Austin Avenue452 m

Grocery (1)

  • Safeway89 m

Parks (1)

  • Blue Mountain Park · 975 King Albert Avenue380 m

Gyms (1)

  • New Edge Alliance Inc.107 m

Pharmacies (3)

  • Shoppers Drug Mart · 1001 Austin Avenue131 m
  • Ridgeway Pharmacy · 1057 Ridgeway Avenue181 m
  • Pharmasave · 1109 Austin Avenue292 m

Banks & ATMs (4)

  • BMO · 1025 Austin Avenue22 m
  • TD · 1022 Austin Avenue78 m
  • CIBC · 1036 Austin Avenue84 m
  • Bitcoin ATM Coinsite · 1067 Ridgeway Avenue223 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$870.09
Total monthly cost$4,477.86
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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