Property Type: FourplexOwnership: Freehold

3040 WELLINGTON STREET

Port Coquitlam, BC V3B3X1

$1,998,000

8 bed4 bath4 parking3,542 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
Fourplex
Lot size
10,492 square feet

Ownership & Fees

Property type
Fourplex
Ownership
Freehold
Annual property tax
$6,199.41 (2023)

Interior

Fireplace
None

Parking

Total spaces
4

Listing Information

MLS®
R3080723
Listed
January 19, 2026
Time on market
On the market for 224 days
Tax assessment year
2023
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

Perfectly suited to two households who want to live close-this FOURPLEX is arranged as two distinct sides, each offering a three-bedroom home above and a one-bedroom residence below, with generous storage and in-building laundry. Set on a quiet 10,492-square-foot lot, the property also presents a compelling long-term play: the city permits SUBDIVISION into two lots, each allowing a duplex with a suite (FAR 0.75), opening the door to redevelopment or a thoughtful renovation. Recent updates over the course of ownership include electrical improvements, hot water tanks, fresh paint, and appliance upgrades. Fully tenanted and positioned in a sought-after pocket with quick access to shopping, schools, and parks, it´s a rare opportunity with both immediate income and future flexibility. (id:63159)

Values & Trends

This listing

$564/sqft

Building average

No other active listings in this building

Port Coquitlam average

$578/sqft

11 active listing(s)

Parking: 4 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.

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

61,498

(2021 Census)

+4.9% since 2016

Density: 2,109/km²

Dwellings: 23,671

Median household income: $102,000

After-tax: $89,000

Immigrant population: 34.4%

Top countries of origin (% of total population)

  • Philippines3.6% · 2,185
  • China3.3% · 2,055
  • Iran2.4% · 1,500
  • India2.1% · 1,285
  • Korea, South2.1% · 1,280
  • United Kingdom2% · 1,240
  • Hong Kong2% · 1,225
  • Poland0.9% · 565

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

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
James Park ElementaryElementary300 m
Hope Lutheran Christian School(Independent)Elementary/Middle373 m
Birchland ElementaryElementary755 m
Ecole Kwayhquitlum MiddleMiddle837 m
des Pionniers-de-MaillardvilleK-12924 m
Minnekhada Middle SchoolElementary970 m
Terry Fox SecondaryElementary1.1 km
Our Lady of the Assumption(Independent)Elementary1.1 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
Eastbound Coquitlam Ave @ Wellington St76 m
Westbound Coquitlam Ave @ Wellington St90 m
Eastbound Coquitlam Ave @ York St200 m
Westbound Coquitlam Ave @ Coast Meridian Rd339 m
Eastbound Prairie Ave @ Wellington St341 m

Nearby Places

Restaurants (5+)

  • Sky Dragon428 m
  • Pho Noodle House532 m
  • Pomodoro Pizza560 m
  • Rainbow Butterfly564 m
  • Sushi Mi569 m

Cafes (3)

  • Starbucks510 m
  • Blend Bubble Tea · 3266A Coast Meridian Road600 m
  • Starbucks618 m

Grocery (3)

  • Save-On-Foods · 1430 Prairie Avenue593 m
  • No Frills622 m
  • Natureway Farm Market · 1449 Prairie Avenue650 m

Parks (3)

  • Mclean Park203 m
  • Imperial Park526 m
  • Birchwood Park651 m

Gyms (1)

  • Gold's Gym754 m

Pharmacies (2)

  • Pharmasave551 m
  • Burke Mountain Pharmacy · 1465 Salisbury Avenue686 m

Banks & ATMs (3)

  • TD496 m
  • RBC · 1971 Lougheed Highway631 m
  • Bitcoin ATM Localcoin · 2124 Prairie Avenue788 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,598,400.00
Periodic payment — Principal & Interest (monthly)$10,312.33
Additional monthly expenses (strata, tax, utilities, etc.)$693.62
Total monthly cost$11,005.95
Interest paid over 5-yr term$458,106.03
Balance at end of term$1,437,765.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,291.14

Cash Needed at Closing

Minimum down payment$399,600
Estimated BC PTT$37,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,060

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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