740 Clearwater Way, Coquitlam BC – House for Sale – MLS® R3173998

740 Clearwater Way, Coquitlam, British Columbia V3C 6A3

2 days on the market
$1,325,000
Est. Mortgage $5,862/mo
Listing updated:
EstateBlock checked:
River Heights
4 Beds
3 Baths
2587 sqft
512 $ /sqft
1989 built
NEW 18% cheaper than comps
2 days on the market
$1,325,000
Est. $5,862/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 740 Clearwater Way

18% cheaper than comps

WOW!! RIVER HEIGHTS opportunity here. Bring your trades and tool belt-this home needs everything from top to bottom, inside and out. Former Grow Op. Located on a high side lot with a panoramic view of mountains and the valley to the East. Very close to Riverview Park, Mundy Park, Como Lake village Shopping plaza with small restaurants, small retail and large retail outlets. Schools and transit are all close by. Location is prime and opportunity is here.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full, Unfinished
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

View Description Panoramic valley, mountains
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,325,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2587
Year Built 1989
Age Of Building 37
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name River Heights
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Double, Open, Front Access, Concrete
Total Parking Spaces 6
Rental Suites None

Lot & Land

Lot Size 7002
Lot Size Depth Feet
Lot Size Frontage 1
MLS® # R3173998
Area Coquitlam
Neighbourhood Coquitlam East
City Coquitlam
Postal Code V3C 6A3
Gross Taxes $6,857.37
Zoning R-1

Property Timeline

Status Date Price
R3173998 / Active 10-09-2026 $1,325,000
Rooms
Floor Type Dimensions
Main Level Foyer 9' x 9' ft
Main Level Living Room 14' x 14' ft
Main Level Dining Room 12'7 x 12'7 ft
Main Level Family Room 15'6 x 15'6 ft
Main Level Kitchen 14'4 x 14'4 ft
Main Level Eating Area 11'7 x 11'7 ft
Main Level Den 11' x 11' ft
Main Level Laundry 7'4 x 7'4 ft
Above Level Primary Bedroom 19' x 19' ft
Above Level Bedroom 11' x 11' ft
Above Level Bedroom 14'2 x 14'2 ft
Above Level Bedroom 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level No #4

Listed by: Royal LePage West Real Estate Services

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
Children of Integrity Montessori
1.77 km
Secondary
Royal Bridge High School
Above Average 2.45 km 8.4/10

Closest Transit

Bus Stop
Northbound Spuraway Ave @ Wagon Wheel Circle
0.26 km
Skytrain
Skytrain @ Coquitlam Central Station
1.63 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Above Average 36.3%
No Certificate/Degree
Below Average 11.2%
Owner Occupied
Below Average 55.6%
Employment Rate
Above Average 66.3%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

59 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,563,500
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.63 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How COQUITLAM EAST compares
This property
2 DOM
Very fast
Coquitlam East avg
57 DOM
Average
Coquitlam avg
57 DOM
Slower market

740 Clearwater Way has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 18% below comparable active properties in Coquitlam East, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.1% and an area average of 57 days on market — buyers have more leverage. With only 464 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3C 6A3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3C 6A3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Port Moody Rocky Point Park, Port Moody (~3.8 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Coquitlam currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32.3 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.

Precipitation Increasing

Annual precipitation ~2131 mm (1981–2010 baseline), projected ~2209 mm by the 2050s. Extreme 1-day rainfall: ~69.3 mm baseline, ~75.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~20 days baseline, ~22 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop northbound mariner way @ 2900 block · 861 m · Transit

Schools NearBy

18 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Riverview Park Elementary School

Public

Grades Served

K-5

Catchment Info

—
8.0 / 10

Distance

336 m

Maples School Program

Public

Grades Served

—

Catchment Info

—
N/A

Distance

699 m

Ranch Park Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.5 / 10

Distance

725 m

Meadowbrook Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.5 / 10

Distance

881 m

Baker Drive Elementary

Public

Grades Served

—

Catchment Info

—
6.3 / 10

Distance

1.60 KM

Children of Integrity Montessori

Independent

Grades Served

K-6

Catchment Info

—
N/A

Distance

1.77 KM

Central Elementary School

Public

Grades Served

K-5

Catchment Info

—
4.2 / 10

Distance

1.95 KM

Hillcrest Middle School

Public

Grades Served

6-8

Catchment Info

—
6.6 / 10

Distance

1.96 KM

R C Macdonald Elementary School

Public

Grades Served

K-5

Catchment Info

—
7.2 / 10

Distance

1.97 KM

Mundy Road Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.8 / 10

Distance

2.29 KM

Ecole Mary Hill Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

2.44 KM

des Pionniers-de-Maillardville

Public

Grades Served

—

Catchment Info

—
7.1 / 10

Distance

2.45 KM

Royal Bridge High School

Independent

Grades Served

—

Catchment Info

—
8.4 / 10

Distance

2.45 KM

Our Lady of the Assumption

Independent

Grades Served

—

Catchment Info

—
8.9 / 10

Distance

2.46 KM

Gleneagle Secondary

Public

Grades Served

—

Catchment Info

—
7.0 / 10

Distance

2.64 KM

Scott Creek Middle School

Public

Grades Served

6-8

Catchment Info

—
6.5 / 10

Distance

2.84 KM

Glen Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.1 / 10

Distance

2.88 KM

Eagle Ridge Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.2 / 10

Distance

2.94 KM

Pre-computed routes from 740 Clearwater Way, Coquitlam, BC

By transit (Skytrain)

  • Downtown Vancouver via Coquitlam Central → Waterfront
    66 min
  • Metrotown, Burnaby via Coquitlam Central → Metrotown
    61 min
  • SFU Burnaby via Coquitlam Central → Production Way
    41 min
  • Richmond Centre via Coquitlam Central → Brighouse
    91 min
  • YVR Airport via Coquitlam Central → YVR-Airport
    92 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    27 min
  • Metrotown, Burnaby via Lougheed Hwy
    18 min
  • SFU Burnaby via Gaglardi Way
    10 min
  • Richmond Centre via No. 3 Rd
    31 min
  • YVR Airport via Bridgeport / Sea Island
    34 min

Calculate your commute

740 Clearwater Way, Coquitlam, BC is ideally located for commuters. The property is 1.6 km from Coquitlam Central, with a 66 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Spuraway Ave @ Wagon Wheel Circle (0.26 km). Walk Score Transit rating: Some Transit (46/100).

Walkability & Transit Near 740 Clearwater Way

Walk Score Badge
Car-Dependent 29

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 46

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
35

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 740 Clearwater Way

/month
Principal & Interest
Property Taxes $571
Maintenance fee 0
A 20% down payment of $265,000 on this $1,325,000 listing yields an estimated mortgage of $5,061/month (30-year fixed, 4%). Total estimated housing cost: $5,632/month, $571 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $3,851/month in estimated rental income against $5,801/month in mortgage payments, the monthly cashflow is -$1,950/month. A 51% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 740 Clearwater Way, Coquitlam

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Coquitlam East, Coquitlam

Beds Home Types Square Feet Lot Size Year Built
This Home $1,325,000
Coquitlam Loading...
Coquitlam East Loading...

Based on 3 comparable active Single Family Residences in Coquitlam East, the average asking price is $1,615,000. This listing is priced 18% below the neighbourhood average. This property is flagged as a Hot Deal (18% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 740 Clearwater Way

Walk Score Badge
Car-Dependent 29

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 46

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
35

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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