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 a decent yard and maybe even a view of the North Shore mountains.

The numbers tell a compelling story. With a median household income of $92,000 and 44.5% of residents holding bachelor’s degrees or higher, Coquitlam attracts educated professionals who’ve figured out they don’t need to pay Vancouver prices for Vancouver proximity. The housing mix reflects this pragmatic approach: 35% single-family homes for families wanting space, balanced with apartments and townhomes for those prioritizing location over square footage.

What sets Coquitlam apart is its commitment to outdoor recreation that actually gets used. The city maintains over 80 parks and 170 kilometers of trails, including portions of the Trans Canada Trail. Minnekhada Regional Park offers hiking that feels genuinely remote despite being minutes from shopping centers. The Coquitlam River winds through the city, providing salmon viewing opportunities that remind residents they’re still in British Columbia, not just another suburb.

The economic foundation runs deeper than bedroom community status. Professional services, healthcare, and retail trade dominate the employment landscape, creating stability that doesn’t rely on any single industry. That 9% unemployment rate deserves attention, but the diversified job base and Metro Vancouver proximity provide cushioning most communities lack.

Tekamar doesn’t currently lend in Coquitlam (maximum LTV: 0%), as this falls within the Greater Vancouver area where we focus our lending activities in smaller BC communities. For mortgage opportunities in the towns and cities where we do lend, we’re here to help brokers serve clients seeking alternative financing solutions.