701 Delestre Avenue, Coquitlam, V3K 2G1 — photo 1

$2,799,000

701 Delestre Avenue, Coquitlam, V3K 2G1
Active
9 Bedrooms 7 Bathrooms 5,612 sqft Built 2010 Residential
4 Listing Signals Detected
Court Ordered SaleHigh

Sold by court order — often must sell quickly but may have legal complications. Get a lawyer early.

As-Is ConditionHigh

Seller will not make repairs. Commission a pre-inspection before removing subjects.

Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

Unverified MeasurementsInfo

Always independently verify square footage — differences between listed and actual can be significant.

About This Property

Court-ordered sale - 5500sqft+ home offers exceptional development potential in one of Coquitlam’s fastest-growing areas. Designated RM-3 Medium Density Residential in the Official Community Plan, the property supports 7+ storey apartment development (FSR 2.45) or 4–6 storey options (FSR 2.3)— buyer to verify with City - Ideal for investors, builders, or end-users looking to hold or occupy while awaiting redevelopment. Located in the heart of the Lougheed City Centre Core, with convenient access to public transit, Lougheed Hwy, shopping, and upcoming infrastructure. Property sold as-is, where-is. Schedule A to accompany all offers. Priced well under assessment value $3,324,000 initial offer can have subjects/conditions - please contact for more info on the court process.

Fireplace

Property Details

MLS #

R3003997

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

9

Full Baths

7

Half Baths

0

Kitchens

1

Fireplaces

2

Living Area

5,612 sqft

Main Floor

2,016 sqft

Above Main

1,580 sqft

Basement

Yes

Lot Size

10,248 sqft

Lot Dimensions

95 x irregular

Frontage

95

Year Built

2010

Age

16 years

Roof

Asphalt

Construction

Frame Wood, Wood Siding

Structure

Residential Detached

Parking Stalls

5

Garage Spaces

3

Parking Type

Garage Triple, Open, Front Access

Original Price

$3,100,000

Taxes

$14,812.85/yr

Listed

2025-05-16

MLS Area

Coquitlam West

City

Coquitlam

Postal Code

V3K 2G1

Features & Finishes

Heating

Forced Air · Natural Gas · Radiant

Fireplace

Gas

Patio / Porch

Patio · Deck

Exterior Features

Balcony

Building & Community

Transit

1/2 BLOCK

Schools

1/2 BLOCK

Lot Features

Central Location, Near Golf Course, Recreation Nearby

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Natural Gas Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

No

Coordinates: 49.241762, -122.881090 · Map data © Google

9.3

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market29% below market $/sqft
Days on market353 days — significantly stale, strong negotiation position
Price historyPrice dropped 10% from original ask — seller showing motivation
Market conditionsMarket avg 98% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,664,100

4.8% below asking price

Negotiation Range

$2,594,125$2,706,085

$111,960 spread

$2,594,125$2,799,000 ask

Based on 19 recent sales, a starting offer around $2,664,100 (4.8% below ask) is reasonable. Your negotiation range is $2,594,125 – $2,706,085.

What's factored in

Market baseline19 recent Coquitlam sales closed at median 97.5% of list price
Price already reducedSeller dropped from 10% off original ask — indicates motivation
Extended market time353 days listed — well above market avg of 157 days, increased negotiation leverage
Above-average DOM353d 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

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