Vancouver Homes
516 Cochrane Avenue, Coquitlam, V3J 1Z9 — photo 1

$3,598,000

516 Cochrane Avenue, Coquitlam, V3J 1Z9
Active
2 Bedrooms 1 Bathrooms 1,000 sqft Built 1954 Residential

About This Property

ATTN DEVELOPERS & INVESTORS - Discover an exceptional investment opportunity in Coquitlam West! This lot is located within the Lougheed Town Centre Station. TOD Tier 3 zone, this prime location offers an FSR of 3.0, allowing for up to 8 stories of vibrant community living. Enjoy proximity to Lougheed Town Centre, restaurants, amenities, groceries, and shopping. Making it an unparalleled developer opportunity. Don’t miss the chance to transform this property into a profitable venture in a prime redevelopment location.

Property Details

MLS #

R3037279

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

2

Full Baths

1

Half Baths

0

Kitchens

0

Living Area

1,000 sqft

Main Floor

1,000 sqft

Lot Size

7,448 sqft

Lot Dimensions

0 x 0

Frontage

0

Year Built

1954

Age

71 years

Roof

Other

Construction

Frame Wood, Other (Exterior)

Structure

Residential Detached

Parking Type

Other

Original Price

$3,598,000

Taxes

$6,808.78/yr

Listed

2025-08-14

MLS Area

Coquitlam West

City

Coquitlam

Postal Code

V3J 1Z9

Features & Finishes

Heating

Other

Exterior Features

No Outdoor Area

Building & Community

Water Source

Public

Utilities

Community, Electricity Connected, Water Connected

Disclosures

Property Disclosure

No

Location

Open in Google Maps

Coordinates: 49.251826, -122.891255 · Map data © Google

4.9

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market— 413% above market — check if justified
Days on market— 263 days — significantly stale, strong negotiation position
Price history— No price reduction — seller firm on price
Market conditions— Market avg 98% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,425,989

4.8% below asking price

Negotiation Range

$3,336,039 – $3,479,959

$143,920 spread

$3,336,039$3,598,000 ask

Based on 19 recent sales, a starting offer around $3,425,989 (4.8% below ask) is reasonable. Your negotiation range is $3,336,039 – $3,479,959.

What's factored in

Market baseline— 19 recent Coquitlam sales closed at median 97.5% of list price
Extended market time— 263 days listed — well above market avg of 157 days, increased negotiation leverage
Above-average DOM— 263d vs market avg of 157d — property may have a pricing or condition issue

Based on 19 residential sales in Coquitlam (last 60 days) · Updated May 4

Schedule a Viewing

Contact us to arrange a private showing of this property.

Your information is kept private and never shared with third parties.

Ask a Question

Have questions about this listing? We'll get back to you quickly.

Your information is kept private and never shared with third parties.

More Homes in Coquitlam West

711 Edgar Avenue, Coquitlam
Residential

$2,699,000

$2,800,000

Days listed

256d

711 Edgar Avenue, Coquitlam

Coquitlam West

5 bd 3 ba 2,953 sqft
9.6 Hot Deal

Listed by Renanza Realty Inc.

113 - 607 Cottonwood Avenue, Coquitlam
Residential

$569,900

$629,000

Days listed

168d

113 - 607 Cottonwood Avenue, Coquitlam

Coquitlam West

1 bd 1 ba 769 sqft
10.0 Hot Deal

Listed by Dracco Pacific Realty

210 - 618 Langside Avenue, Coquitlam
Residential

$728,800

$752,800

Days listed

160d

210 - 618 Langside Avenue, Coquitlam

Coquitlam West

2 bd 2 ba 1,034 sqft
9.1 Hot Deal

Listed by Royal Pacific Riverside Realty Ltd.

103 - 460 Westview Street, Coquitlam
Residential

$449,900

$488,000

Days listed

147d

103 - 460 Westview Street, Coquitlam

Coquitlam West

2 bd 2 ba 854 sqft
10.0 Hot Deal

Listed by Homelife Benchmark Realty (Langley) Corp.

View all listings in Coquitlam West