Property Type: Detached HouseOwnership: Freehold

2986 ALBION DRIVE

Coquitlam, BC V3B6M5

$1,650,000

4 bed4 bath5 parking2,600 sqftBuilt 1987
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
5,532 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,567.45 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
5 — covered indicated
Features
Garage

Listing Information

MLS®
R3149698
Listed
July 24, 2026
Time on market
On the market for 38 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: TRG The Residential Group Realty · Data source: CREA DDF.

Description

Rare opportunity to own a well-maintained family home on a larger-than-average lot in sought-after Canyon Springs, Coquitlam. Located on a quiet street within walking distance to Walton Elementary (Mandarin Bilingual program), Pinetree Secondary, Douglas College, Lafarge Lake, Town Centre Park, SkyTrain, and the mall. Features a bright foyer with skylight, vaulted ceilings, living/dining areas, maple kitchen with stainless steel appliances, island with breakfast bar, and sunken family room. Enjoy a deck, entertainment deck, grassy yard. Upstairs offers generous bedrooms, including a primary suite with vaulted ceiling and ensuite. Includes a double garage with 240V EV charging, plus a finished basement with a one-bedroom unauthorized suite and separate entrance, ideal as a mortgage helper. (id:63159)

Values & Trends

This listing

$635/sqft

Building average

No other active listings in this building

Coquitlam average

$716/sqft

402 active listing(s)

Parking: 5 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.

Detached (House) Market Stats — Coquitlam

Monthly figures from the Fraser Valley Real Estate Board for Coquitlam detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,627,600

Jul 2026

Average Sale Price

$1,700,653

Jul 2026

Monthly Sales

53

Jul 2026

Active Listings

427

Jul 2026

Sales-to-Active Ratio

12.0%

Jul 2026

Median Days to Contract

17 days

Jul 2026

MLS® HPI Benchmark Price

$1,921,900
$1,568,300
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

11

3/9 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
Walton ElementaryElementary228 m
Pinetree SecondaryElementary291 m
Canyon Springs Montessori(Independent)Elementary408 m
Summit Middle SchoolMiddle1.0 km
Ecole Panorama Heights ElementaryElementary1.1 km
Glen ElementaryElementary1.1 km
Gleneagle SecondarySecondary1.1 km
Ecole Nestor ElementaryElementary1.1 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
Southbound Pinetree Way @ Pinewood Ave398 m
Southbound Pinetree Way @ 1300 Block414 m
Northbound Johnson St @ Walton Ave419 m
Northbound Pinetree Way @ Pinewood Ave430 m
Southbound Pinetree Way @ Douglas College435 m

Nearby Places

Restaurants (2)

  • Titi Home Made Food · 1196 Pinetree Way755 m
  • Banshan BBQ Restaurant795 m

Cafes (2)

  • The Praguery Café & Ice Cream · 1207 Pinetree Way668 m
  • Caffe Divano · 3003 Burlington Drive759 m

Parks (1)

  • Town Centre Park678 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($330,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,320,000.00
Periodic payment — Principal & Interest (monthly)$8,516.19
Additional monthly expenses (strata, tax, utilities, etc.)$593.95
Total monthly cost$9,110.15
Interest paid over 5-yr term$378,315.79
Balance at end of term$1,187,344.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$330,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,150.34

Cash Needed at Closing

Minimum down payment$330,000
Estimated BC PTT$31,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$362,500

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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