Property Type: TownhouseOwnership: Strata

46 1240 FALCON DRIVE

Coquitlam, BC V3E2B4

$719,000

3 bed2 bath1 parking1,326 sqftBuilt 1982
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$469/mo
Annual property tax
$2,592.17 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions
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®
R3141538
Listed
June 30, 2026
Time on market
On the market for 62 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Nestled just north of Newport Village, this stylish 3-level townhouse offers the perfect blend of comfort, function, and location. Thoughtfully designed with an open-concept layout, the main floor features an updated kitchen w/large centre island that overlooks into the bright living and dining areas. Step outside to your private south-facing patio overlooking a peaceful greenbelt, a peaceful spot to relax and BBQ. Upstairs you'll find 3 spacious bedrooms, while the lower level provides laundry and added storage and flexibility. Located in desirable Upper Eagle Ridge, just minutes from parks, scenic trails, Coq Crunch, top-rated schools, shopping, restaurants, SkyTrain, and transit, this home offers the perfect balance of nature and urban convenience. Well run complex with double glaze windows, newer roof and retaining walls. (id:63159)

Values & Trends

This listing

$542/sqft

Building average

No other active listings in this building

Coquitlam average

$651/sqft

145 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.

Townhouse Market Stats — Coquitlam

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

MLS® HPI Benchmark Price

$990,900

Jul 2026

Average Sale Price

$1,065,325

Jul 2026

Monthly Sales

36

Jul 2026

Active Listings

189

Jul 2026

Sales-to-Active Ratio

19.0%

Jul 2026

Median Days to Contract

10 days

Jul 2026

MLS® HPI Benchmark Price

$1,136,900
$899,100
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

26

6/9 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
Eagle Ridge ElementaryElementary279 m
Mountain Meadows ElementaryElementary537 m
Scott Creek Middle SchoolMiddle555 m
Gleneagle SecondarySecondary1.0 km
Heritage Mountain ElementaryElementary1.3 km
Summit Middle SchoolMiddle1.4 km
Children of Integrity Montessori(Independent)Elementary1.4 km
Bramblewood ElementaryElementary1.5 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 Falcon Dr @ Peregrine Place56 m
Westbound Falcon Dr @ 1200 Block123 m
Westbound Guildford Way @ Falcon Dr196 m
Northbound Falcon Dr @ Guildford Way230 m
Westbound Guildford Way @ Eagle Ridge Hospital238 m

Nearby Places

Restaurants (5+)

  • Vera's Burger Shack528 m
  • Hanayuki Sushi · 221 Ioco Road529 m
  • Murasaki · 254 Newport Drive540 m
  • bb.q Chicken · 221 Ioco Road588 m
  • Woking Dragon China Bistro794 m

Cafes (2)

  • Gallagher's Cafe · 232 Newport Drive595 m
  • Starbucks · 221 Ioco Road605 m

Grocery (1)

  • Meiga Supermarket · 221 Ioco Road567 m

Parks (5+)

  • Eagle Mountain Hydro Right-of-Way378 m
  • Eagle Mountain Hydro Right-of-Way463 m
  • Unnamed513 m
  • Mountain Meadows Park576 m
  • Harrier Park672 m

Pharmacies (3)

  • Shoppers Drug Mart · 221 Ioco Road614 m
  • Guardian Newport Pharmacy · 205 Newport Drive645 m
  • Mary's Guardian Pharmacy765 m

Banks & ATMs (2)

  • BMO · 228 Ungless Way514 m
  • RBC · 218 Newport Drive641 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$575,200.00
Periodic payment — Principal & Interest (monthly)$3,711.00
Additional monthly expenses (strata, tax, utilities, etc.)$751.01
Total monthly cost$4,462.01
Interest paid over 5-yr term$164,853.97
Balance at end of term$517,394.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,168.21

Cash Needed at Closing

Minimum down payment$46,900
Estimated BC PTT$12,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,780

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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