Property Type: Detached HouseOwnership: Freehold

704 SMITH AVENUE

Coquitlam, BC V3J2W7

$2,090,000

4 bed2 bath3 parking1,924 sqftBuilt 1952
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
7,560 square feet
Frontage
63 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,247.59 (2025)

Interior

Basement
Finished, Full, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
3 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3118140
Listed
May 1, 2026
Time on market
On the market for 123 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Encore · Data source: CREA DDF.

Description

Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly for TH and redevelopment momentum, inc Townhouse-designated sites and approved/proposed six-storey rental and condo projects next door - along the Smith corridor. Strong potential for holding income, future assembly, and long-term upside in a neighbourhood transitioning toward higher density. LEGISLATIVE BILL-47 puts this property within the transit-oriented area that allows up to 8 storey mid-rise development at 3.0 FAR. The recent SHAPE PROPERTIES proposal to redevelop Burquitlam Plaza is a game changer for the neighbourhood. This is Mainly land value but bonus, the Current house has proven Rental income and lovingly cared for by the current owners. (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: 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.

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

41

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
Mountain View ElementaryElementary256 m
Roy Stibbs ElementaryElementary690 m
Miller Park Community SchoolElementary696 m
Ecole Banting MiddleMiddle760 m
Lyndhurst ElementaryElementary951 m
Greater Heights Learning Academy(Independent)K-121.0 km
Ecole Porter Street ElementaryElementary1.3 km
Stoney Creek Community ElementaryElementary1.4 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 Cottonwood Ave @ Robinson St285 m
Eastbound Cottonwood Ave @ Robinson St302 m
Westbound Foster Ave @ Fairview St366 m
Eastbound Foster Ave @ Fairview St375 m
Eastbound Como Lake Ave @ Dogwood St383 m

Nearby Places

Restaurants (5+)

  • North Garden Cafe Restaurant · 552 Clarke Road466 m
  • Saku · 567 Clarke Road577 m
  • Pizza Factory · 565 Clarke Road589 m
  • Grand Seasons Restaurant · 555 Clarke Road632 m
  • Katsuya · 555 Clarke Road641 m

Cafes (5+)

  • Unnamed421 m
  • Starbucks514 m
  • BjornBar Bakery - Burquitlam · 581 Clarke Road573 m
  • CoCo Fresh Tea & Juice611 m
  • Illo Kimbap Cafe · 555 Clarke Road617 m

Grocery (1)

  • Safeway · 580 Clarke Road497 m

Parks (3)

  • Mountain View Park350 m
  • Cottonwood Park499 m
  • Black and Whites Park612 m

Gyms (1)

  • Anytime Fitness725 m

Pharmacies (2)

  • Safeway505 m
  • Shoppers Drug Mart · 552 Clarke Road564 m

Banks & ATMs (3)

  • Prospera Credit Union · 581 Clarke Road567 m
  • RBC Royal Bank · 567 Clarke Road581 m
  • Vancity658 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($418,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,672,000.00
Periodic payment — Principal & Interest (monthly)$10,787.18
Additional monthly expenses (strata, tax, utilities, etc.)$533.30
Total monthly cost$11,320.48
Interest paid over 5-yr term$479,200.01
Balance at end of term$1,503,969.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$418,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,857.09

Cash Needed at Closing

Minimum down payment$418,000
Estimated BC PTT$40,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$460,200

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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