$8,188,000

Investment For Sale In Port Coquitlam, British Columbia

$8,188,000

Property Information:

Discover a unique investment opportunity with this charming 24-unit rental building on a massive 20,813sf lot nestled in the heart of Port Coquitlam. Strategically positioned in the vibrant downtown neighborhood, this building is surrounded by an array of amenities, including trendy cafes, restaurants, shopping centres & cultural hotspots. Its central location provides easy access to public transit, making it a desirable choice for convenience & accessibility. Port Coquitlam is undergoing substantial growth & revitalization, with zoning changes that may allow for expansion or redevelopment, enhancing property's long-term value. Although currently zoned RA1, this building has RA2 zoning designation which allows for higher density. With ongoing influx of residents & businesses into the area, demand for quality rental housing continues to rise, positioning this property for substantial appreciation & development. This 24-unit rental building is not just a property, it's a gateway to a promising investment. (id:27)

Property Features:

  • Property Type: Multi-family
  • Built in: 1981
  • Features: Lane, Passenger elevator
  • Fence Type: Fenced yard
  • Lot Size: 20813.00 Square Feet
  • Utility Type: Cable - At Lot Line, Hydro - Available, Natural Gas - Available, Telephone - Available, Water - At Lot Line
  • Zoning: RA1
  • Sewer: Storm sewer

Courtesy of: Oakwyn Realty Northwest

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.