The POCO.

The POCO is a new 6 storey wood frame condo building by Rapture Developments and Azure Group, located in the heart of Downtown Port Coquitlam.

Overview

The POCO is a 38-home wood-frame development in Coquitlam, in the Port Coquitlam, south of Lougheed area. Homes run 404 to 1,176 sq. ft. Blended pricing is around $815 per sq. ft. Estimated completion is 2028.

Plans start at 404 sq. ft., so the release spans studios through to 1,176 sq. ft. family plans, worth knowing that the per-foot average below blends two quite different products.

38 homes is a mid-sized release. Sites this size typically sell through in one or two release rounds, and the best-oriented plans go in the first.

Location

This is downtown Port Coquitlam: Shaughnessy Street, Leigh Square, the PoCo recreation complex, and the Traboulay PoCo Trail looping the city. The West Coast Express station gets commuters to downtown Vancouver in roughly 45 minutes, though it runs on a weekday schedule rather than all day. There is no SkyTrain here, and that absence is most of the reason the neighbourhood still prices below Coquitlam Centre.

This listing does not yet carry a full civic address. If you want the exact siting, which matters a great deal for orientation, noise and outlook, ask me and I will get it from the developer.

The homes

• 38 homes, wood-frame construction
• 404 – 1,176 sq. ft.
• Blended pricing around $815 per sq. ft.
• At that blended rate, roughly $329,000 for the smallest plan and $958,000 for the largest
• 15% deposit
• Estimated completion 2028
• Status: Now Selling

How the pricing compares

Measured against 32 other Coquitlam wood-frame projects in my database, the median blended price is $931 per sq. ft. The POCO at $815 sits about 12% below that. A discount that size is usually paying you to accept something, a longer commute, a smaller lender pool, an earlier phase, or a less established neighbourhood. It is worth naming which one before treating it as a bargain.

Direct comparables

Priced under it: One Shaughnessy at $669 per sq. ft. Priced over it: Hawthorne at $840, Marlow at $855, Two Shaughnessy at $883 per sq. ft. I would look at those before signing anything here.

Narrowed to Port Coquitlam, south of Lougheed specifically (7 comparable projects), the local median is $883, putting The POCO roughly 8% below its immediate neighbours.

What I would check before you sign

1. The length of the commitment. A completion this far out means you are agreeing today to a mortgage you will not qualify for until roughly the end of the decade, under lending rules that do not exist yet. You qualify at completion, not at signing.
2. The deposit milestones, and whether your funds are committed elsewhere at those dates.
3. The assignment clause. Some developers restrict it outright; know before you sign.
4. GST and the first-time buyer rebate. In this price band the rebate changes the arithmetic materially. Worth running the numbers before you commit.
5. What is actually left, and why. Remaining inventory is rarely the pick of the release.
6. The projected strata budget, which is usually optimistic at launch.

I represent buyers on presales like The POCO across Metro Vancouver. That includes telling you when a project is not the right one. Get in touch for floor plans and availability.

Find it on the map.

2431 Mary Hill Road, Port Coquitlam, BC, Canada