Investor · Strategy
Fixer-upper opportunities in Coquitlam concentrate in older neighbourhoods (Maillardville, Como Lake, Austin Heights) and unrenovated 1990s-2000s townhomes. The investor math depends on accurate cost estimation and a buyer-pool exit plan.
Verified · Investor · Strategy
High-opportunity neighbourhoods
Maillardville (1909+ housing stock), Como Lake (1960s-1980s detached), Austin Heights (1960s-1980s detached), Burquitlam-adjacent older detached, unrenovated 1990s townhomes
Typical renovation budgets
Cosmetic refresh: $30K-$80K. Mid-renovation (kitchen + bath + flooring): $80K-$200K. Full renovation (down to studs): $250K+ for a typical Coquitlam detached
BC Home Flipping Tax
Properties sold within 2 years of acquisition face additional BC tax — affects fixer-upper flip economics materially. 20% in year 1, declining to 0% by day 730.
Hidden risks
Knob-and-tube wiring (1950s-1960s homes), oil tanks (1950s-1980s homes), asbestos (pre-1990 homes), aluminum wiring (1960s-1970s homes), foundation issues
Coquitlam permit requirements
Most structural and major-system renovations require City of Coquitlam permits. Permit-history clean is critical for resale.
Exit pool
Renovated Coquitlam family homes have strong buyer demand — particularly inside good school catchments. Confirm catchment before buying for renovation.
No pressure. No obligation. Just a 30-minute call to talk through your specific situation and run the numbers.