Property Type: DuplexOwnership: Freehold

589 FOSTER AVENUE

Coquitlam, BC V3J2L6

$1,298,800

5 bed3 bath3 parking2,349 sqftBuilt 1964
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
6,788 square feet
Frontage
0 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$4,667.65 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3123020
Listed
May 13, 2026
Time on market
On the market for 111 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

Highly desirable INVESTMENT opportunity with development potential. In the heart of Burquitlam. Situated on a large 6,788 SQFT lot, this renovated home with ample living space on two levels provides an exemplary opportunity for strong holding. Located in Coquitlam with 2 bedrooms upstairs and 3 bedrooms downstairs as well as 1 bedroom suite down with separate entrance. Side by side parking space. Exterior completely renovated with new siding and acrylic thermal windows, new roof, new deck, furnace as well as the hot water tank in 2013. Walking distance to Lougheed Mall and public transit. A magnificent home! Don't miss this opportunity and call for a showing. (id:63159)

Values & Trends

This listing

$553/sqft

Building average

No other active listings in this building

Coquitlam average

$658/sqft

42 active listing(s)

Parking: 3 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

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

37

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 ElementaryElementary353 m
Mountain View ElementaryElementary524 m
Lyndhurst ElementaryElementary770 m
Miller Park Community SchoolElementary1.1 km
Ecole Banting MiddleMiddle1.2 km
Cameron ElementaryElementary1.2 km
Greater Heights Learning Academy(Independent)K-121.2 km
Stoney Creek Community ElementaryElementary1.2 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
Westbound Foster Ave @ Aspen St132 m
Westbound Foster Ave @ Fairview St142 m
Eastbound Foster Ave @ Fairview St159 m
Eastbound Foster Ave @ Whiting Way433 m
Westbound Cottonwood Ave @ Robinson St466 m

Nearby Places

Restaurants (5+)

  • North Garden Cafe Restaurant · 552 Clarke Road545 m
  • Sushi California550 m
  • Pür & Simple · 500 Clarke Road556 m
  • Nice Meating You · 535 Clarke Road610 m
  • Pizza Factory · 565 Clarke Road652 m

Cafes (5+)

  • Unnamed470 m
  • CoCo Fresh Tea & Juice643 m
  • Illo Kimbap Cafe · 555 Clarke Road649 m
  • Pokerrito · 555 Clarke Road661 m
  • Starbucks668 m

Grocery (2)

  • Safeway · 580 Clarke Road653 m
  • Save-On-Foods · 3433 North Road744 m

Parks (4)

  • Cottonwood Park208 m
  • Black and Whites Park237 m
  • Mountain View Park712 m
  • Brookmere Park · 565 Austin Avenue790 m

Shopping (1)

  • Northgate Village767 m

Gyms (3)

  • F45 Training · 655 North Road524 m
  • Anytime Fitness555 m
  • GoodLife Fitness · 3433 North Road744 m

Pharmacies (4)

  • Pharmasave523 m
  • Shoppers Drug Mart · 552 Clarke Road523 m
  • Safeway664 m
  • Shoppers Drug Mart728 m

Banks & ATMs (3)

  • Vancity549 m
  • RBC Royal Bank · 567 Clarke Road660 m
  • Prospera Credit Union · 581 Clarke Road704 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,040.00
Periodic payment — Principal & Interest (monthly)$6,703.53
Additional monthly expenses (strata, tax, utilities, etc.)$505.97
Total monthly cost$7,209.50
Interest paid over 5-yr term$297,791.85
Balance at end of term$934,619.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,880
Stress test qualifying rate8.09%
Payment you must qualify for$9,180.83

Cash Needed at Closing

Minimum down payment$104,880
Estimated BC PTT$23,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,356

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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