Property Type: Detached HouseOwnership: Freehold

498 HICKEY DRIVE

Coquitlam, BC V3K5P1

$1,200,000

3 bed1 bath4 parking1,460 sqftBuilt 1962
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Lot size
7,913.52 square feet
Frontage
120 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,630.4 (2025)

Interior

Heating
Natural gas
Fireplace
Yes (1)

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
010-303-707

Parking

Total spaces
4

Listing Information

MLS®
R3138971
Listed
June 24, 2026
Time on market
On the market for 69 days
Tax assessment year
2025
Data last synced
September 1, 2026

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

Description

BELOW ASSED VALUE! Investor/Builder Alert! Exceptional opportunity in a highly desirable neighbourhood close to shopping, recreation, transit, and excellent schools. This large 7,900+ sq. ft. corner lot offers tremendous redevelopment potential. Property is being sold for land value only. Current zoning permits the construction of a duplex with 2 secondary suites, creating the potential for multiple income-generating units. Close to Hickey court, Mundy Park, convenient location with easy access to everyday amenities, bus stop in front and transportation routes. A rare chance to secure a sizeable lot in a sought-after area and build your next project. Buyers to verify all development potential and zoning requirements with the municipality. (id:63159)

Values & Trends

This listing

$822/sqft

Building average

No other active listings in this building

Coquitlam average

$715/sqft

402 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.

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

15°C

Humidity 87%

Wind E 4 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
R. C. MacDonald ElementaryElementary404 m
Mundy Road ElementaryElementary620 m
Ecole Montgomery MiddleElementary1.3 km
Customized Learning Centre (CLC)Secondary1.3 km
Hillcrest Middle SchoolMiddle1.6 km
Riverview Park ElementaryElementary1.6 km
École Dr. Charles Best SecondarySecondary1.7 km
Encompass 10-12Secondary1.7 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 Hickey Dr @ Austin Ave35 m
Westbound Austin Ave @ Hickey St36 m
Northbound Hickey Dr @ Latimer Ave127 m
Eastbound Austin Ave @ 2300 Block233 m
Southbound Hickey Dr @ Tolmie Ave264 m

Nearby Places

Restaurants (1)

  • Austin Heights Diner775 m

Grocery (1)

  • Save-On-Foods562 m

Parks (1)

  • Hickey Park · 320 Hickey Drive636 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$458.87
Total monthly cost$6,652.46
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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