Coquitlam condo owner floored by 100-per-cent bounce in property assessment
Katherine Munro knew the assessment on her Coquitlam condo was going to rise but was floored in December to get a warning from B.C. Assessment that the increase would be over 100 per cent.
Munro’s building, part of the Glenborough on 2915 Glen Drive, was heavily damaged by a massive fire that made local newscasts in February 2015, and is just now in the finishing stages of a $12-million restoration.
“It was quite a shock,” said Munro, a 57-year-old speech language pathologist.
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