Real Estate Guides

Where to Buy a Townhouse in the Tri-Cities in 2019 – Full Ranking

Buyers looking for an affordable property will want to consider looking at townhomes in Port Moody, Coquitlam and Port Coquitlam
Housing Market Report - Greater Vancouver - Townhouse 2019 - Full Ranking
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As soon as buyers started to move east from downtown Vancouver to find affordable housing, the popularity of the Tri-Cities went up. Way up. At first, it was the easy commute from Port Moody, Coquitlam and Port Coquitlam that attracted home buyers. Commuters could use Highway 7A or Highway 1 (the TransCanada) or they could hop on the SkyTrain for direct access to downtown Vancouver.

But over the last few years, something interesting started to happen. Rather than remain bedroom communities, these cities started to grow and develop their own identities. Port Moody now boasts one of the best local brewery scenes in the Lower Mainland, Port Coquitlam is known for great family communities with easy access to good schools and green spaces, while Coquitlam has developed a sports and retail presence that brings people from all over the mainland.

The result of this growth is that developers began to re-examine the Tri-Cities as a place to develop. It’s not like Port Moody, Coquitlam and Port Coquitlam were unfamiliar or unaccustomed to multi-family development. There are loads of complexes built in the 1970s and 1980s, but newer options were needed. This new crop of development and the increased density it brought to the Tri-Cities was good. It meant buyers looking for an affordable property, could actually find something suitable — and quite often a townhouse in Port Moody, Coquitlam and Port Coquitlam was the answer.

Top spot goes to a Coquitlam neighbourhood

This year, the No. 1 spot goes to Central Coquitlam with North Shore, Port Moody and North Coquitlam neighbourhoods taking second and third place, respectively. While townhomes weren’t the cheapest in Central Coquitlam, residents just can’t beat what this neighbourhood offers: Exceptional access to the area’s largest retail mall; exceptional access to transit lines (both the West Coast Line and the Millennial Line); and exceptional access to Highway 7A (the minor highway that takes you into Burnaby and to the City of Vancouver) and to Highway 7, the southbound minor highway that dumps you out onto the Transnational Highway 1.

To see where each neighbourhood in the Port Moody, Coquitlam and Port Coquitlam falls in our ranking, check out the full list below.

You can narrow down your townhome search by using the search function to display neighbourhoods only within a certain area (city) or district (larger municipality area).

RANKDISTRICTAREANEIGHBOURHOOD2018 Avg. price% price differential vs. Area% price differential vs. DistrictVALUE SCORE % 1-Year Appreciation% 5-Year AppreciationMOMENTUM SCORE WALKTRANSITAVERAGE REALTOR SCOREFINAL SCOREOverall Rank
1Real Estate Board of GVCoquitlamCentral Coquitlam$701,730.00101.9%85.1%114.2%51.3552%108%91.5571.4578.00826.9572.8572.151
2Real Estate Board of GVPort MoodyNorth Shore Pt Moody$623,409.0093.1%75.6%101.4%64.2821%104%86.4475.3650.00457.2864.9670.163
3Real Estate Board of GVCoquitlamNorth Coquitlam$582,450.0084.6%70.6%94.8%71.80-19%163%56.7664.2892.00767.1074.1069.196
4Real Estate Board of GVPort CoquitlamLincoln Park PQ$595,121.0089.7%72.2%96.8%68.5422%88%82.5075.5240387.2062.0068.767
5Real Estate Board of GVCoquitlamCanyon Springs$573,900.0083.4%69.6%93.4%73.586%96%78.0975.8456.00665.9160.1768.0013
6Real Estate Board of GVPort CoquitlamBirchland Manor$602,500.0090.8%73.1%98.0%66.3420%104%85.2975.8172.00406.4260.1467.9814
7Real Estate Board of GVCoquitlamEagle Ridge CQ$738,550.00107.3%89.6%120.2%45.458%102%78.2461.8569.00557.7572.1567.0016
8Real Estate Board of GVPort CoquitlamGlenwood PQ$659,153.0099.4%79.9%107.2%57.9517%111%86.0472.0063.00665.9160.8766.4319
9Real Estate Board of GVCoquitlamUpper Eagle Ridge$664,663.0096.5%80.6%108.1%58.819%95%82.4370.6269.00556.3262.1466.3820
10Real Estate Board of GVPort MoodyCollege Park PM$669,703.00100.0%81.2%109.0%56.1110%88%72.9564.5368.00616.9067.3065.9124
11Real Estate Board of GVPort CoquitlamOxford Heights$694,442.00104.7%84.2%113.0%51.1422%142%93.1172.1245.00426.6159.1865.6526
12Real Estate Board of GVCoquitlamMaillardville$596,042.0086.6%72.3%97.0%69.329%69%58.2163.7679.00486.7864.9764.3731
13Real Estate Board of GVPort MoodyPort Moody Centre$812,517.00121.3%98.5%132.2%32.178%87%73.2452.7068.00617.8173.6963.2039
14Real Estate Board of GVCoquitlamRanch Park$560,000.0081.3%67.9%91.1%75.57-3%72%47.7761.6722.00487.3763.3762.5247
15Real Estate Board of GVPort CoquitlamCentral Pt Coquitlam$576,995.0087.0%70.0%93.9%70.954%68%44.8357.8973.00556.0060.3059.1075
16Real Estate Board of GVCoquitlamCoquitlam West$776,118.00112.7%94.1%126.3%39.067%68%49.4944.2892.00766.7471.5957.9483
17Real Estate Board of GVPort CoquitlamMary Hill$664,295.00100.2%80.6%108.1%56.4613%81%72.1064.2832.00375.8351.3857.8384
18Real Estate Board of GVCoquitlamScott Creek$790,000.00114.8%95.8%128.5%36.5814%85%79.6858.1361.00525.7356.6357.3887
19Real Estate Board of GVCoquitlamCoquitlam East$665,835.0096.7%80.7%108.3%58.45-3%70%47.5252.9992.00765.2661.2257.1089
20Real Estate Board of GVPort CoquitlamRiverwood$726,231.00109.5%88.1%118.2%44.609%83%63.3453.9751.00506.3459.5156.7492
21Real Estate Board of GVPort CoquitlamWoodland Acres PQ$543,300.0081.9%65.9%88.4%76.56-13%53%20.1948.3887.00616.0963.5355.95102
22Real Estate Board of GVCoquitlamNew Horizons$664,121.0096.5%80.5%108.0%59.38-11%34%16.8538.1184.00766.9472.1655.14111
23Real Estate Board of GVPort CoquitlamCitadel PQ$756,627.00114.1%91.8%123.1%39.5610%74%58.8549.2029.00376.6656.9353.07125
24Real Estate Board of GVPort MoodyHeritage Woods PM$850,434.00127.0%103.1%138.4%28.6910%75%59.1943.9468.00615.9660.7352.33137
25Real Estate Board of GVCoquitlamBurke Mountain$838,653.00121.8%101.7%136.4%30.688%93%64.7747.733.00-7.7554.5551.14145
26Real Estate Board of GVCoquitlamWestwood Plateau$906,857.00131.7%110.0%147.5%25.6412%75%57.4141.5232.00456.6558.7550.14157
27Real Estate Board of GVPort MoodyHeritage Mountain$827,087.00123.5%100.3%134.6%30.684%57%32.9531.8168.00615.5958.1644.99189
28Real Estate Board of GVCoquitlamWestwood Summit CQ$0.000.0%0.0%0.0%-0N/A--94.00797.5778.1639.08216
29Real Estate Board of GVCoquitlamMeadow Brook$0.000.0%0.0%0.0%-0N/A--56.00577.3968.7434.37236
30Real Estate Board of GVPort MoodyAnmore$0.000.0%0.0%0.0%-0N/A--47627.0666.4933.24250
31Real Estate Board of GVPort MoodyBarber Street$0.000.0%0.0%0.0%-0N/A--47.00626.4562.2531.13263
32Real Estate Board of GVPort MoodyIoco$0.000.0%0.0%0.0%-0N/A--50456.8662.0031.00264
33Real Estate Board of GVCoquitlamSummitt View$0.000.0%0.0%0.0%-0N/A--23.00457.2261.8630.93266
34Real Estate Board of GVPort MoodyGlenayre$0.000.0%0.0%0.0%-0N/A--68616.0861.5630.78268
35Real Estate Board of GVPort MoodyMountain Meadows$0.000.0%0.0%0.0%-0N/A--50456.7361.1130.56272
36Real Estate Board of GVCoquitlamHockaday$0.000.0%0.0%0.0%-0N/A--20446.9459.4029.70282
37Real Estate Board of GVCoquitlamCape Horn$0.000.0%0.0%0.0%-0N/A--15.00407.0759.0029.50287
38Real Estate Board of GVPort CoquitlamLower Mary Hill$0.000.0%0.0%0.0%-0N/A--32.00277.1958.9129.46288
39Real Estate Board of GVCoquitlamRiver Springs$0.000.0%0.0%0.0%-0N/A--16.00456.8158.2429.12293
40Real Estate Board of GVPort MoodyBelcarra$0.000.0%0.0%0.0%-0N/A--61.00595.2854.8427.42307
41Real Estate Board of GVCoquitlamPark Ridge Estates$0.000.0%0.0%0.0%-0N/A--22.00315.7848.8324.42332
42Real Estate Board of GVCoquitlamChineside$0.000.0%0.0%0.0%-0N/A--33.00445.1648.1924.09335
43Real Estate Board of GVCoquitlamHarbour Place$0.000.0%0.0%0.0%-0N/A--41.00-6.1547.1523.58339
44Real Estate Board of GVCoquitlamHarbour Chines$0.000.0%0.0%0.0%-0N/A--32.00445.0047.0023.50340

10 Best Neighbourhoods to Buy a Townhouse in Coquitlam, Port Coquitlam and Port Moody in 2019

  1. Central Coquitlam, Coquitlam – $701,730
  2. North Shore PM, Port Moody – $623,409
  3. North Coquitlam, Coquitlam – $582,450
  4. Lincoln Park PQ, Port Coquitlam – $595,121
  5. Canyon Springs, Coquitlam – $573,900
  6. Birchland Manor, Port Coquitlam – $602,500
  7. Eagle Ridge, Coquitlam – $738,550
  8. Glenwood PQ, Port Coquitlam – $659,153
  9. Upper Eagle Ridge, Coquitlam – $664,663
  10. College Park PM, Port Moody – $669,703

10 Worst Neighbourhoods to Buy a Townhouse in Coquitlam, Port Coquitlam and Port Moody in 2019

  1. Heritage Mountain, Port Moody – $827,087
  2. Westwood Plateau, Coquitlam – $906,857
  3. Burke Mountain, Coquitlam – $838,653
  4. Heritage Woods PM, Port Moody – $850,434
  5. Citadel PQ, Port Coquitlam – $756,627
  6. New Horizons, Coquitlam – $664,121
  7. Woodland Acres, Port Coquitlam – $543,300
  8. Riverwood, Port Coquitlam – $726,231
  9. Coquitlam East, Coquitlam – $665,835
  10. Scott Creek, Coquitlam – $790,000

 

Additional reports

Romana King
Romana King

Romana is an award-winning personal finance writer with an expertise in real estate. She is obsessed with the property marketplace and is the current Director of Content at Zolo.