2901 720 Farrow Street, Coquitlam

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$2,345

2901 720 Farrow Street

Coquitlam West, Coquitlam, BC, V3J 0P3

1 | 1 | 1 | 614 sq.ft. |

Welcome to Smith & Farrow by Boffo Developments, a brand-new concrete tower in West Coquitlam, just one block from the Burquitlam SkyTrain and minutes from SFU, Lougheed Town Centre, shopping, and dining. This northwest-facing 1-bedroom, 1-bathroom home offers 614 sqft of modern living plus a 124 sqft covered balcony with stunning mountain and city views. The kitchen showcases Fisher & Paykel 30” integrated appliances, Bosch dishwasher, quartz countertops, sleek cabinetry, and abundant built-in storage. Features include 9-ft ceilings, floor-to-ceiling windows, wide-plank flooring, roller blinds, central A/C, and in-suite laundry. Rent includes gas, hot water, EV-ready parking, and locker. Amenities: rooftop lounge, pool, hot tub, gym, yoga studio, and 24/7 concierge. Nader (604) 786 - 5884

Property Info

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MLS®: R3061304

Listing Courtesy of Oakwyn Realty Ltd.

Total Bedrooms 1

Total Bathrooms 1

Floor Space 614 sq.ft.

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $2,345

Strata Fee $0.00

Interior Features

More Details

Floor Space Finished 0.00 sq.ft.

Rules Yes, Cats OK, Dogs OK

Out Door Area XXXXXXXXXX

Parking Total 1

Summary

Location and General Information

MLS Area Major: Coquitlam
Street Name: Farrow
City: Coquitlam
State Or Province: BC
Postal Code: V3J 0P3
Property Type: Residential Lease
Property Sub Type: Apartment/Condo

Interior and Exterior Features

Interior Features

Interior Features: Storage, Elevator

Exterior Features

Exterior Features: Balcony

Property

Utilities

Property and Assessments

Building Area Total: 614
Living Area: 614

Lot Information

Sold History

MAP & Nearby Facilities

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City Introduction

Overview of Port Coquitlam, BC, Canada

Population

Port Coquitlam is a city in the Greater Vancouver region of British Columbia, with a population of approximately 63,000 (2024). The population density is 603.7 people per square kilometer. Port Coquitlam is a multicultural city, with about 25.7% of residents belonging to visible minorities, including significant South Asian and Chinese communities.

Economy

Key Industries: Transportation, healthcare, and port logistics. Port Coquitlam's top employers include TransLink, Royal Columbia Hospital, and Port Metro Vancouver, providing stable job opportunities.
Commercial Centers: Columbia Street and Uptown are the main commercial areas, offering a variety of retail shops and dining options.
Educational Resources: Port Coquitlam is home to Douglas College and the Justice Institute of British Columbia, contributing to a skilled workforce and innovation.

Living Features

Natural Environment: Port Coquitlam boasts abundant natural landscapes, including Queen's Park and the Fraser River waterfront trails, ideal for outdoor activities.
Transportation: Port Coquitlam is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Port Coquitlam's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.2 million CAD and condos around $600,000 CAD (2024).

Opportunities:

Stable rental market: Port Coquitlam's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Port Coquitlam is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Downtown and Uptown, while properties near SkyTrain stations are attractive for investors.

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