Fraser Mills is an emerging, mostly-future community: Beedie’s approved, master-planned redevelopment of the 95-acre former sawmill site on the Fraser River in southwest Coquitlam. Reported at roughly 5,500 homes across about 20 towers, built out over 15–20 years, with a future waterfront park, urban plaza and community amenities. Today it’s a presale community — the first tower, DEBUT, has sold — and daily life still leans on adjacent Maillardville and the United Boulevard shops. This is the straight read: what’s approved, what’s built, and what it means if you’re buying. By a 47+ year Tri-Cities resident who earned a Top 2% Team award with Royal LePage nationwide, 2023–2025.
Sources: Greater Vancouver REALTORS® — Top 1% Team ranking (2023–2025) and Medallion Club Team (2021–2025) · Royal LePage — Top 2% Team ranking nationwide (2023–2025) · Craig's Google Business Profile — review rating and count. Updated October 2026.
Fraser Mills is a presale, master-planned community — so the honest “snapshot” is the shape of the plan, not a resale price benchmark that doesn’t exist yet. These are the reported figures from Beedie’s application and public coverage; they evolved through the approval process, so treat them as approximate and phase-dependent, and confirm current details with Beedie before signing.
Homes at full build-out (reported)
~5,500
Reported plan · approximate and phase-dependent, plus around 1,700 jobs.
Towers across the master plan
~20
Built over a 15–20 year phased build-out, western parcels first.
Former Fraser River sawmill site
95 acres
Southwest Coquitlam · around 2 King Edward Street, on the Fraser River.
Product type
Presale
New-construction condos & townhomes — not detached housing.
Figures reported from the developer’s application and public coverage; approximate and phase-dependent. For price context only, the September 2026 Greater Vancouver REALTORS® citywide Coquitlam apartment benchmark was $640,100 (down 7.3% YoY) — that is a resale figure, not a Fraser Mills price. Presale prices, GST and deposits differ; confirm current pricing with Beedie.
City market tracker · September 2026
Coquitlam: the market, month by month.
The Greater Vancouver REALTORS® benchmark for Coquitlam by home type, with its trend over the last 6 months, how fast homes are selling, the price ranges that are selling, and every Coquitlam neighbourhood with a published benchmark, ranked. Tell it whether you’re selling, buying, moving up or downsizing and it shows what matters for you. A benchmark describes a typical home — your home’s value depends on its own lot, condition and street.
Detached
$1,584,400
−6.6% over 12 months
46 sales · 470 active listings 9.8% sales-to-active · buyer-leaning
Townhouse
$976,600
−6.4% over 12 months
26 sales · 196 active listings 13.3% sales-to-active · balanced range
Condo / apartment
$640,100
−7.3% over 12 months
63 sales · 600 active listings 10.5% sales-to-active · buyer-leaning
Every active MLS® listing across Coquitlam, refreshed continuously. Fraser Mills is one of Coquitlam’s neighbourhoods — draw the boundary right on the map to the Fraser Mills streets, or filter by price, type and beds, to zero in on it. Questions on any listing? Book a 20-minute call with Craig.
How to use this search
Set your area. Type a city or neighbourhood — Vancouver, Burnaby, Coquitlam, the North Shore, Surrey, the Fraser Valley — or draw an area right on the map.
Choose a property type. Detached house, townhouse, condo / apartment, or land.
Dial in the details. Price range, beds, baths, square footage and year built.
Save your search. Get alerted the moment a new listing matches your criteria — often before it reaches the public portals.
Prefer I run it for you? Book a strategy call and I’ll set up a custom alert dialled to your exact criteria.
Across the Tri-Cities
How Coquitlam compares across the Tri-Cities.
Six months of MLS® benchmark prices for Coquitlam, Port Moody and Port Coquitlam on one chart, by home type. Each city’s map shows prices neighbourhood by neighbourhood.
Tri-Cities benchmark trend · September 2026
The Tri-Cities, side by side: 6 months of prices.
The MLS® benchmark price for Coquitlam, Port Moody and Port Coquitlam on one chart. Pick a home type, then hover or tap a month to see all three cities’ prices that month. GVR doesn’t publish a single Tri-Cities benchmark, so each city keeps its own line. Each city’s map shows prices neighbourhood by neighbourhood.
Coquitlam
$1,584,400
−6.6% over 12 months
46 sales · 470 active listings · 9.8% sales-to-active (buyer-leaning)
All of Coquitlam on one map: neighbourhoods, new developments, schools and SkyTrain.
Start with the neighbourhoods: tap one to see what it’s like and open my guide for it. Then add only the details you care about, like schools, groceries, new developments, parks or daycares, using Map layers and Places on the map. Check any address, or tap Show home prices to see what homes cost neighbourhood by neighbourhood. Burke Mountain has its own detailed developments map, linked from the gold pin.
See its neighbourhood, the nearest schools, SkyTrain station and groceries, and typical prices nearby. Lookups use the Province of B.C.’s address service; nothing you type is saved.
Benchmark prices for each neighbourhood, from the latest Greater Vancouver REALTORS® report.
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Names appear as you zoom in. Numbered circles group places that sit close together: tap one to zoom in. Scroll or pinch to zoom, drag to move, or open the map full screen.
Fraser Mills suits a specific buyer. First-time buyers get a new-construction entry point into an emerging waterfront district, often below detached and townhome pricing. Investors get new stock next to future public amenity. Downsizers get a lock-and-leave lifestyle with the river at the door. But it is an emerging community, and that cuts both ways — here’s the balanced read.
01
The first-time buyer
A new-construction entry point into an emerging waterfront district, often priced below detached and townhome tiers — and the chance to buy into the district before it’s finished. Brand-new condos, no bidding against decades-old resale stock.
02
The investor
New stock positioned next to future public amenity — the aquatic centre, urban plaza and riverfront park that arrive across the build-out. A scarce feature: one of the few places in Coquitlam to buy new directly on the Fraser.
03
The downsizer
A lock-and-leave lifestyle with the Fraser River at the door — brand-new and low-maintenance, walkable-adjacent to heritage Maillardville and the United Boulevard shops for the everyday run.
The housing stock
An emerging waterfront neighbourhood, not a finished one.
Fraser Mills is a presale condo and townhome community — there is no detached housing. Homes release phase by phase, and availability, floor plans and pricing change with each release.
Fraser Mills is not a single condo tower — it is a whole new neighbourhood being built on land that has never been open to the public. For more than a century this stretch of the Fraser River was an industrial sawmill site, one of the largest lumber operations in British Columbia and the reason Maillardville exists. Beedie’s approved master plan turns roughly 95 acres of that waterfront into a walkable community of homes, parks, shops and public riverfront — one of the few places in Coquitlam where you can buy new and live directly on the Fraser.
The scale is genuinely large. Public reporting and the developer’s plans describe on the order of 5,500 households across about 20 towers, plus roughly 1,700 jobs, woven together with a future waterfront aquatic centre, an urban plaza, a foreshore walkway and about 9.4 acres of parkland. The honest part: most of that is future or under construction. Today the site is an active, early-phase project, and the amenities that will define it — the aquatic centre, the plaza, the completed park network, the ground-floor retail — arrive over a 15–20 year build-out. If you buy here now, you are buying into a community that is still becoming itself.
Because it sells and completes phase by phase, “buying at Fraser Mills” means something different depending on when you buy and which building. Early phases sit on the western parcels and move eastward. That timing — which phase, which completion year, and what else is finishing around it — matters more to your outcome than the marketing renderings, and it is exactly the part a good buyer’s agent reads for you.
Homes at Fraser Mills
What you can actually buy here.
Fraser Mills is a presale condo and townhome community — there is no detached housing, and no separate resale benchmark exists yet. Below is the honest product breakdown and how the timelines work. Prices change with each release, so figures are reported starting points only — confirm current pricing with Beedie.
Product
Price (reported)
What it is
Notes
Condominiums
From mid-$500,000s
One-, two- and three-bedroom apartment homes across roughly 20 towers. DEBUT (the first tower) released from the mid-$500,000s and sold out; Encore followed as the next phase.
Water exposure, floor level and view corridor drive resale spreads far more than in a landlocked building.
Townhomes
—
A limited number of townhomes appear in the tower podiums (DEBUT included around 32).
The scarcest product in each release; they tend to go first to buyers who register early.
Rental & below-market
—
A block of market and below-market rental homes, concentrated in the earlier phases.
A rental component, not a for-purchase one — context for how the community fills in.
Completion timelines
—
Presale homes complete years after you sign; new construction in BC adds 5% GST and a staged deposit schedule.
Financing is re-qualified before completion. Compare all-in cost and completion year, not presale price vs. today’s benchmark.
DEBUT opened from the mid-$500,000s and sold out; Encore followed. There is no separate resale benchmark for Fraser Mills yet — for context only, the September 2026 GVR citywide Coquitlam apartment benchmark was $640,100. To see what’s live now, browse Coquitlam condos for sale, and confirm current pricing with Beedie.
Where daily life happens
Four lifestyle anchors around one emerging neighbourhood.
Fraser Mills’ own retail and urban plaza are part of the future plan — label them planned until built. In the meantime, the useful stuff is genuinely close: the river itself, heritage Maillardville up the hill, and the United Boulevard big-box strip right next door cover the everyday run, with Coquitlam Centre a short drive for anything bigger.
Zone 01 · The Fraser River waterfront
The whole point — eventually.
The master plan dedicates about 9.4 acres of parkland plus a foreshore walkway along the water, and keeps it public. Honestly, much of it is planned or under construction and arrives across the phased build-out — but it is one of the few places in Coquitlam to buy new directly on the Fraser.
Zone 02 · Maillardville
Heritage daily life up the hill.
One of Western Canada’s largest French-Canadian communities, with Brunette Avenue and Heritage Square dining and heritage district. It’s also the nearest established green space and playing fields — Mackin Park (1046 Brunette Ave), with fields, ball diamonds, tennis, playground, spray park and a large skate park.
Zone 03 · United Boulevard
The big-box strip next door.
The United Boulevard big-box strip sits right beside the site: IKEA, Real Canadian Superstore, Coquitlam VIP Cinemas and furniture retailers cover the everyday run without a long drive. It’s the practical answer to daily shopping while Fraser Mills’ own retail is still future.
Zone 04 · Coquitlam Centre & transit
The regional anchor, a short drive.
Coquitlam Centre — the region’s major mall — is a short drive for anything bigger. The nearest rapid transit is also a short drive: Coquitlam Central (Millennium Line) or Braid/Sapperton (Expo Line). Today the site is car-oriented; SkyTrain is a drive, not a walk.
Four things every Fraser Mills buyer asks about. The honest answers below — with a catchment note just underneath.
SD43 schools
Fraser Mills sits within the Maillardville / southwest Coquitlam area of School District 43 (SD43). Catchments for a brand-new master-planned community can shift as it is built out and enrolment is planned — so rather than name a specific school that may not apply to your address or move-in year, verify the exact catchment in SD43’s official locator.
Parks & the waterfront
The master plan dedicates about 9.4 acres of parkland plus a foreshore walkway along the water and keeps it public — but much of it is planned or under construction and arrives across the build-out. Today the closest established green space is up the hill at Mackin Park in Maillardville and Blue Mountain Park in central Coquitlam.
Shopping & daily life
Fraser Mills’ own retail and urban plaza are part of the future plan. In the meantime, the useful stuff is close: heritage Maillardville up the hill and the United Boulevard big-box strip next door (IKEA, Real Canadian Superstore, Coquitlam VIP Cinemas), with Coquitlam Centre a short drive for anything bigger.
Commute & access
The site is car-oriented today. The nearest rapid transit is a short drive — Coquitlam Central (Millennium Line) or Braid/Sapperton (Expo Line) — not a walk. That is the honest trade-off of an early-phase riverfront site: a drive to the train in exchange for buying new on the Fraser.
Schools & catchments
Schools near Fraser Mills.
Fraser Mills sits within the Maillardville / southwest Coquitlam area of School District 43 (SD43). Catchments for a brand-new master-planned community can shift as it is built out and enrolment is planned — so rather than list specific school names that may not apply to your address or move-in year, the honest move is to verify the exact catchment in SD43’s official locator.
Verify your exact address
Look up any Fraser Mills address in SD43’s official school locator.
Type an address → see the specific neighbourhood catchment schools. This is the authoritative source.
Fraser Mills is new-construction presale; most Coquitlam inventory is resale. They aren’t priced on the same basis, so the honest comparison is about product, timing and all-in cost — not a single headline number. Here’s the side-by-side, using only figures the record supports.
Factor
Fraser Mills (presale)
Coquitlam resale (for context)
Product type
New-construction presale condos & townhomes — no detached
Existing resale across all types
Price reference (September 2026)
DEBUT from the mid-$500,000s (sold out); prices change per release
Citywide apartment benchmark $640,100 (−7.3% YoY)
Location
Fraser River waterfront, foot of King Edward Street
Citywide Coquitlam
On-site amenities
Mostly future / under construction — aquatic centre, plaza, ~9.4-acre park, foreshore walkway
Established; varies by area
Transit today
Car-oriented; nearest SkyTrain a short drive (Coquitlam Central / Braid–Sapperton)
Varies by area
Move-in
Completes years out; phased 15–20 year build-out
Available now
The only official price reference is citywide and resale — the September 2026 GVR Coquitlam apartment benchmark of $640,100; DEBUT released from the mid-$500,000s as a presale and sold out. New construction adds 5% GST and staged deposits, so compare all-in cost and completion year, not presale price versus today’s benchmark. Confirm current pricing with Beedie, and browse Coquitlam condos for sale for resale context.
Decision framework
Is Fraser Mills actually the right fit?
Fraser Mills suits a specific buyer, and it is an emerging community — that cuts both ways. Reading these two columns honestly saves time, stress, and expensive second-guessing.
Fraser Mills is a strong fit if…
You want new construction directly on the Fraser River — one of the few places in Coquitlam to buy new on the water.
You’re a first-time buyer wanting a new-construction entry point, often priced below detached and townhome tiers.
You’re an investor wanting new stock next to future public amenity.
You’re a downsizer wanting a lock-and-leave lifestyle with the river at the door.
You’re comfortable that on a BC presale the developer pays the buyer’s agent — representation costs you nothing.
Fraser Mills may be less ideal if…
You need to move in soon — presale homes complete years out, and you re-qualify financing before closing.
You want amenities on day one — the aquatic centre, plaza, completed parks and retail arrive over 15–20 years.
You want to live beside a finished neighbourhood — early phases sit next to an active construction site.
You want SkyTrain at your door — the nearest rapid transit (Coquitlam Central, Braid/Sapperton) is a short drive, not a walk.
Who’s writing this
Why 47+ years living in the Tri-Cities matters when you’re buying at Fraser Mills.
I’m not a Fraser Mills resident — nobody is yet; it’s still being built — and I won’t pretend otherwise. What I am is a 47+ year Tri-Cities local who has watched this city’s neighbourhoods trade through cycle after cycle, including how master-planned communities fill in over time. On a presale like Fraser Mills, that experience shows up in the boring, expensive details: reading the disclosure statement, reading the floor plan and the position like a buyer instead of a marketer, and sanity-checking the presale price against resale comps. That’s the read a fly-in agent can’t copy.
Craig Johnston, REALTOR®
47+ year Tri-Cities resident · Earned on a Top 1% Team — Greater Vancouver REALTORS®, 2023–2025 · Earned on a Medallion Club Team, 2021–2025 · Earned on a Top 2% Team — Royal LePage nationwide, 2023–2025 · Royal LePage Elite West · BCFSA Licence #187645
“Craig was patient throughout the entire process. He never pushed us to buy something we weren't sure about, and when we decided to wait six months and save more, he just said ‘good call’ and stayed in touch. When we did finally buy, the math was so much cleaner.”
Susie & Hans
First-time buyers · Patient strategy · Google Review
“He is a professional who is guided by integrity, honesty, and punctuality. When faced with challenges, Craig has shown his dedication to proactively navigate the issue on hand towards our goal.”
“Craig was an absolute pleasure to work with. He is extremely friendly, highly knowledgeable, and constantly monitors trends and data so we could make informed decisions. The more time we spent interacting with other agents during our home-buying process, the more pleased we were with choosing Craig.”
Ashley K.
Buyer · Google Review
Quick answer
What is Fraser Mills, and who is it for?
Fraser Mills is Beedie’s approved, master-planned waterfront community on the former Fraser Mills sawmill site on the Fraser River in southwest Coquitlam. Reported at roughly 5,500 homes across about 20 towers on a 95-acre site, with a future waterfront aquatic centre, urban plaza, foreshore walkway and about 9.4 acres of parkland — built out over 15–20 years. It’s a presale community: new condos and a limited number of townhomes released in phases (DEBUT, Encore), and most on-site amenities are still future or under construction. DEBUT (36 storeys, 318 homes) released from the mid-$500,000s and sold out. There’s no separate resale benchmark yet; the closest official reference is the September 2026 GVR citywide Coquitlam apartment benchmark of $640,100. It suits first-time buyers, investors and downsizers comfortable buying into an emerging community. Written by Craig Johnston, REALTOR® (BCFSA Licence #187645) and 47+ year Tri-Cities resident.
FAQ
Fraser Mills — the questions buyers actually ask.
What is Fraser Mills in Coquitlam?+
Fraser Mills is an approved, master-planned waterfront community by Beedie (Beedie Living) on the former Fraser Mills sawmill site (around 2 King Edward Street) on the Fraser River in southwest Coquitlam. Reported plans call for roughly 5,500 households across about 20 towers, plus around 1,700 jobs, a future waterfront aquatic centre, urban plaza, foreshore walkway and about 9.4 acres of parkland — built out over 15 to 20 years. Most on-site amenities are still future or under construction.
Who is the developer of Fraser Mills?+
Beedie (Beedie Living), one of the largest private developers in British Columbia, is the developer of the Fraser Mills master-planned community.
What kind of homes can you buy at Fraser Mills?+
Presale condominiums and a limited number of townhomes — there is no detached housing. Homes release phase by phase (DEBUT, then Encore), so availability, floor plans and pricing change with each release. The plan also includes a block of market and below-market rental homes, concentrated in the earlier phases.
When will Fraser Mills be built and completed?+
Fraser Mills is planned as a phased build-out over roughly 15 to 20 years, beginning on the western parcels and moving eastward. The first tower, DEBUT, is a 36-storey building of 318 homes. Confirm current per-phase timing with Beedie’s official materials.
How much do Fraser Mills homes cost?+
The first release, DEBUT, opened with reported starting prices from the mid-$500,000s and sold out. There is no separate resale benchmark for Fraser Mills yet; for context, the September 2026 Greater Vancouver REALTORS® citywide Coquitlam apartment benchmark was $640,100 — a resale figure, not a Fraser Mills price. New construction adds 5% GST and staged deposits, and prices change with each release, so confirm current pricing with Beedie.
Is there transit and shopping at Fraser Mills now?+
Today the site is car-oriented; the nearest rapid transit is a short drive at Coquitlam Central (Millennium Line) or Braid/Sapperton (Expo Line). Fraser Mills’ own retail and urban plaza are part of the future plan, so daily shopping currently leans on adjacent Maillardville and the United Boulevard big-box strip (IKEA, Real Canadian Superstore, Coquitlam VIP Cinemas), with Coquitlam Centre a short drive away.
Should I use a REALTOR® to buy a Fraser Mills presale?+
Yes. The developer’s sales centre represents the developer, not you. On many BC presales the developer pays the buyer’s agent commission — confirm the project offers one before you register. A buyer’s agent reads the disclosure statement before your deposit clears, reads the floor plan and position like a buyer, sanity-checks the presale price against resale comps, and manages the multi-year build window. Book a strategy call for an honest presale-vs-resale plan.
Ready when you are
Watching Fraser Mills? Get a straight read first.
Whether you’re weighing a DEBUT or Encore-style release, comparing a presale against Coquitlam resale, or sequencing a sell-and-buy to move here — the next step is the same. A 20-minute call, no pressure, every question answered. On a presale, the developer pays the buyer’s agent, not you.
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