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Property Watch: Here's what $500,000 (or less) will buy in the Tri-Cities

September 6, 2025
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When final we checked out housing costs within the Tri-Cities, rising rates of interest and pandemic-era value surges had pushed even modest condos out of attain.

Since

2023

, benchmark costs for condos have fluctuated, as in the remainder of the Decrease Mainland. In keeping with Bridgewell Actual Property Teams’ Tri-Cities actual property market stats for July 2025, Coquitlam’s was at $705,400 from $747,300 in the identical month two years in the past. Port Coquitlam has additionally seen a drop, from $633,300 to $623,200. However Port Moody stays a contender, with a benchmark of $746,900 in July, a rise from the July 2023 benchmark of $716,900.

The Tri-Cities stand out for his or her relative resilience and attraction to first-time consumers. With sturdy transit hyperlinks, increasing facilities, and a rising stock of newer apartment developments, the area affords extra worth per greenback than many different Decrease Mainland areas. And whereas $500K gained’t purchase a yard, it may well nonetheless safe a personal patio, storage locker and generally facilities like an indoor pool and health centre.

Within the following part, we highlight six listings — two from every metropolis — that present what half 1,000,000 {dollars} can nonetheless purchase within the Tri-Cities.

Coquitlam

Handle:

1405-3071 Glen Dr.

Listed at:

$500,000

 Residence features full-height windows in the living room.
 The bedroom in unit 1405 at 3071 Glen Dr. in Coquitlam.

Flooring-to-ceiling home windows gentle up an open-concept ground plan with an expansive front room. The

712-square-foot one-bedroom

features a balcony and entry to a health club and occasion room. The unit comes with a storage locker and parking and the constructing is pet-friendly, with restrictions. In lower than 20 minutes’ stroll you’re at Coquitlam Centre, with buying, eating, cafés, and SkyTrain. You’re additionally steps from City Centre Park’s lakes, trails, playgrounds, Evergreen Cultural Centre and the Coquitlam Crunch.

Handle:

101-1167 Pipeline Rd., Coquitlam

Listed at:

$498,800

 This development at 1167 Pipeline Road is in Coquitlam’s New Horizons neighbourhood.
 Living areas are spacious and bright.
 Kitchen in this 838-square-foot, two-bedroom apartment.

This

838-square-foot two-bedroom

comes with an inviting and spacious patio accessible from front room and first bed room. The latter additionally has a cheater ensuite. Residing areas are brilliant and roomy. The apartment is within the New Horizons neighbourhood and a 10-minute stroll to SkyTrain, Douglas Faculty, Metropolis Centre Aquatic Complicated, Lafarge Lake, Coquitlam Centre, and elementary and secondary faculties. Eagle Ridge Hospital can also be close by. The unit comes with a parking stall and storage locker. Pet pleasant with restrictions.

Port Coquitlam

Handle:

104-1990 Westminster Ave.

Listed at:

$485,000

 This ground-level corner unit has one bedroom and one bathroom.
 Home has a large and private patio for dining al fresco.
 This condo is in a quiet residential pocket of Port Coquitlam’s Glenwood neighbourhood.

A 786-square-foot apartment in Yaletown would value between $900,000 to over $1.1M, however in Port Coquitlam you’ll be able to

purchase respiration area

for lower than $500K. This ground-level nook unit has one bed room and one rest room and options an open-concept format with quartz counter tops, laminate flooring, and stainless-steel home equipment and a big non-public patio. Parking stall and storage locker included. The apartment is in Arden, a boutique assortment of twenty-two properties in a quiet residential pocket of Port Coquitlam’s walkable Glenwood neighbourhood.

Handle:

409-2465 Wilson Ave.

Listed at:

$479,000

 Orchid II is a condominium complex of 185 units in two six-storey buildings.
 Living room in this s 524-square-foot one-bedroom unit.

This

524-square-foot one-bedroom unit

backs instantly onto Coquitlam River and PoCo Path, and is close to Gates Park, sports activities fields, Riverside Secondary, and Port Coquitlam Group Centre. It’s in Orchid II, a condominium advanced of 185 models in two six-storey buildings, with facilities corresponding to inexperienced area, walkways, and a meditation backyard. The outlets, cafés, and eating places of downtown PoCo are inside strolling distance. Coquitlam Centre, Costco, transit, and highways are simply accessed. The apartment comes with two parking stalls, a storage locker and a motorbike locker.

Port Moody

Handle:

106-3240 St. Johns St.

Listed at:

$499,000

 This 640-square-foot one-bedroom residence has an open-plan layout and nine-foot-high ceilings.
 Unit has laminate floors and granite countertops in the kitchen.
 A 200-square-foot private garden patio.

This

640-square-foot one-bedroom

has an open-plan format, nine-foot-high ceilings, massive home windows, laminate flooring, granite counter tops, a fuel hearth, in-suite laundry, and a cheater ensuite. Leases and pets are allowed (two pets with no dimension restrictions). One parking spot and one massive storage locker are included. Maybe the crowning function is a 200-square-foot non-public backyard patio. It’s in The Sq., whose facilities embody a health club, sizzling tub, library and out of doors pool and is 2 blocks from the Inlet Centre SkyTrain station and minutes from downtown by way of the West Coast Categorical.

Handle:

425-3122 St. Johns St.

Listed at:

$499,900

 Unit 425 at 3122 St. Johns Street in Port Moody measures 654-square-feet and has one-bedroom and a den.
 Residence is on the top floor of a four-storey building.

The opposite Port Moody St. Johns itemizing is a

654-square-foot one-bedroom

with a den on the highest ground of a four-storey constructing. Options embody an open kitchen, fuel hearth and personal deck. Facilities embody a pool, sizzling tub, and health club.

Associated

Property Watch: 5 B.C. cities the place you’ll be able to nonetheless purchase a home for $500,000
Property Watch: What $1 million buys in Kits vs. Walnut Grove



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