Coquitlam

Coquitlam sits in that sweet spot where urban convenience meets outdoor adventure, and frankly, it’s hard to argue with the appeal. This city of nearly 150,000 has cracked the code on suburban living—close enough to Vancouver for career opportunities, far enough out to afford actual space, and surrounded by enough trails and green space to keep the weekend warriors happy.

The numbers tell a compelling story. With a median household income of $92,000 and 73% of residents holding post-secondary education, Coquitlam attracts professionals who’ve figured out they don’t need to sacrifice lifestyle for location. The housing mix reflects this pragmatic approach: while 35% still live in single-detached homes, the rest have embraced townhomes, duplexes, and low-rise apartments that actually make financial sense.

What sets Coquitlam apart isn’t just its proximity to Metro Vancouver—it’s the deliberate balance between development and preservation. The city maintains extensive trail networks, including portions of the Trans Canada Trail, while supporting a diversified economy anchored by retail, professional services, and healthcare. This isn’t a bedroom community hoping Vancouver’s economy stays strong; it’s a place with its own economic foundation.

The climate has been steadily improving too, warming by a full plant hardiness zone over the past three decades. Gardeners can now grow heat-loving plants that wouldn’t have survived here before, and the extended growing season adds genuine quality of life value.

Tekamar currently maintains a maximum LTV of 0.0% in Coquitlam, as this community falls within our Greater Vancouver exclusion zone. For mortgage brokers working with clients in Coquitlam, we’d be happy to discuss our lending programs in other BC communities where we’re actively writing mortgages.