Property Type: Detached HouseOwnership: Freehold

521 BROOKMERE AVENUE

Coquitlam, BC V3J1W8

$2,500,000

5 bed2 bath4 parking2,302 sqftBuilt 1954
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Property Details

Property & Lot

Sub-type
House
Lot size
7,448 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,131.54 (2025)

Interior

Basement
Finished, Unknown, Unknown
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Garage, Carport

Listing Information

MLS®
R3158265
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

ATTENTION DEVELOPERS & INVESTORS | PRIME REDEVELOPMENT SITE Rare chance to buy into an existing land assembly in Coquitlam West, within the Lougheed Town Centre Station TOD Tier 3 zone. This 7,448 sq.ft. lot offers an outstanding FSR of 3.0, supporting a mid-rise development up to 8 storeys. This 5-BR & 2-bath home offers solid holding income while you plan redevelopment. The property is priced below typical assembly values to provide an attractive entry point for investors and developers seeking to secure an ideally positioned, strategic site in a rapidly evolving, transit-oriented neighbourhood just minutes to SkyTrain, Lougheed Town Centre, shopping, and dining. Don´t miss this opportunity to acquire a strategic piece within a major transit-oriented redevelopment corridor. Ideal for land-banking, joint venture, or future assembly uplift. Strong rental potential, easy freeway access, and proximity to SFU and future amenities enhance long-term value. (id:63159)

Values & Trends

This listing

$1,086/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

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

70

8/9 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
Roy Stibbs ElementaryElementary573 m
Cameron ElementaryElementary616 m
Lyndhurst ElementaryElementary930 m
Stoney Creek Community ElementaryElementary1.2 km
Mountain View ElementaryElementary1.2 km
Lord Baden-Powell ElementaryElementary1.3 km
Burnaby Mountain SecondarySecondary1.5 km
Our Lady of Fatima(Independent)Elementary1.5 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
Northbound North Rd @ Austin Ave157 m
Northbound North Rd @ Cameron St213 m
Southbound North Rd @ Cameron St215 m
Westbound Austin Ave @ Whiting Way262 m
Westbound Cameron St @ North Rd313 m

Nearby Places

Restaurants (5+)

  • Kokoro Tokyo Mazesoba · 531 North Road123 m
  • Sushi California · 501 North Road244 m
  • Big Way Hot Pot293 m
  • Denny's · 500 Austin Avenue303 m
  • Bento Nara340 m

Cafes (5+)

  • Tim Hortons169 m
  • CoCo Fresh Tea & Juice · 501 North Road254 m
  • Bubble Waffle Cafe310 m
  • Starbucks356 m
  • Tim Hortons362 m

Grocery (2)

  • Save-On-Foods · 3433 North Road201 m
  • PriceSmart Foods · 9899 Austin Road328 m

Parks (5+)

  • Brookmere Park · 565 Austin Avenue276 m
  • Black and Whites Park564 m
  • Cottonwood Park716 m
  • Cameron Park716 m
  • Discovery Place Park774 m

Shopping (4)

  • Northgate Village224 m
  • Unnamed · 9855 Austin Avenue347 m
  • Walmart · 9855 Austin Avenue351 m
  • The City of Lougheed · 9855 Austin Road353 m

Gyms (5+)

  • GoodLife Fitness · 3433 North Road218 m
  • Oxygen Yoga & Fitness318 m
  • Fitness World365 m
  • Fitness World368 m
  • F45 Training · 655 North Road659 m

Pharmacies (3)

  • Shoppers Drug Mart219 m
  • London Drugs · 9855 Austin Avenue378 m
  • Pharmasave628 m

Banks & ATMs (5+)

  • Vancity · 105-531 North Road145 m
  • CIBC271 m
  • TD280 m
  • Scotiabank · 3778 Grande Promenade288 m
  • RBC · #550-3778 Grande Promenade314 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,000,000.00
Periodic payment — Principal & Interest (monthly)$12,903.32
Additional monthly expenses (strata, tax, utilities, etc.)$709.30
Total monthly cost$13,612.62
Interest paid over 5-yr term$573,205.75
Balance at end of term$1,799,006.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$500,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,379.30

Cash Needed at Closing

Minimum down payment$500,000
Estimated BC PTT$53,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,500

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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