Coquitlam · Cap rates

Cap rates in Coquitlam by neighbourhood — the investor's read.

Cap rate (Net Operating Income ÷ Property Value) is the standard investor return metric. Coquitlam cap rates vary materially by product type and neighbourhood. Here is the framework — and the typical range you'll see in 2026.

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Cap rates · Coquitlam

How to calculate Coquitlam cap rate — and what's typical.

Most residential Coquitlam cap rates run between 2.5% and 4.5% depending on property type, age, and operating cost structure. Multi-family and commercial properties trade at different rates. Below is the framework.

Cap rate formula

Cap Rate = Net Operating Income ÷ Property Value. NOI = Annual gross rent − Operating expenses (NOT including mortgage).

Coquitlam condo cap rates

Typical range 2.5-3.5% net. Older buildings with lower strata fees trend higher; newer buildings with extensive amenities trend lower.

Coquitlam townhome cap rates

Typical range 2.0-3.0% net. Lower than condos because purchase price is higher relative to rent.

Coquitlam detached with legal suite

Typical range 3.0-4.5% net effective when both units are factored. Highest cap rate residential category in Coquitlam.

Coquitlam multi-family (4+ units)

Typically 3.5-5.0% cap rate. Trade as commercial properties; buyer pool is more limited.

Critical context

Cap rate is a snapshot. It does not include mortgage debt service, capital improvements, vacancy risk, or appreciation. Coquitlam's appreciation history has historically delivered 60-80% of total return for buy-and-hold investors — cap rate alone undersells the return.

Talk to a Coquitlam REALTOR® who knows.

Craig Johnston is a 50-year Coquitlam resident and licensed REALTOR® at The MACNABS, Royal LePage Elite West. Top 1% Greater Vancouver. Talk through your specific situation — no pressure, no obligation.

Book a Strategy Call Call 604-202-6092 Email Craig