For Sale · Coquitlam · Single Family

$1,258,000

261 MONTGOMERY STREET, Coquitlam

Beds

Baths

2,034

Sq Ft

1960

Built

About This Home

The details.

Fantastic opportunity in sought-after East Coquitlam! This well-maintained 4-bedroom home offers beautiful views, rear lane access, and outstanding redevelopment potential. Situated on a 774 m² (8,330 sq. ft.) R-1 zoned lot with potential for up to 4 dwelling units, it's the perfect opportunity to move in, rent out, or build when you're ready. The bright main floor features bamboo flooring, a spacious kitchen with skylight, a renovated bathroom, and a cozy wood-burning fireplace. The lower level offers excellent flexibility with suite potential. Currently there is an electric fireplace, hot plate, and bar sink-ideal for extended family or guests. Hot water heat provides year-round comfort. Outside, enjoy a private backyard with hot tub, lane access, RV parking plus parking for up to 4 vehicles off the lane plus additional street parking, and plenty of space for family living. A rare chance to own a comfortable home with exceptional future upside in one of Coquitlam's most desirable neighbourhoods. (id:66635)

Summarizing the highlights...

MLS® R3145219Listing courtesy of Johnston Meier Insurance Agencies & Realty Ltd.View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1960
Size: 2,034 sqft
Lot size: 8,558 square feet
Parking: 4 spaces
MLS number: R3145219
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$5,883

$1,006,400 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$5,883

Cash flow

-$5,883

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Coquitlam right now

414

Active listings

434

New this week

$958,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Coquitlam.

Household and demographic stats for Coquitlam, from the Statistics Canada 2021 Census.

148,625
Population (2021): 41.6
Median age: 55,950
Households: 2.6
Avg household size: 69.3%
Home ownership: $92,000
Median household income

Coquitlam neighbourhood guide Full census profile Coquitlam market trends

Source: Statistics Canada 2021 Census, Coquitlam, City (CY).

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.