$8,188,000

Port Coquitlam BC, V3C 1Y5

MLS® # C8070484

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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⚠ Potential Investment Performance

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Market Price Trends

Location of 2275 ATKINS AVENUE, Port Coquitlam, British Columbia, V3C 1Y5

Lifestyle
Neighbourhood

Demographic Information of 2275 ATKINS AVENUE, Port Coquitlam, British Columbia, V3C 1Y5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$107,500.17

Average Number of Children

1.39

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.98 %

High school certificate or equivalent

27.18 %

Apprenticeship trade certificate/diploma

11.85 %

College/non-university certificate

22.87 %

University certificate (below bachelor)

4.34 %

University Degree

22.77 %

Commuter

Travel To Work

By Car

78.32 %

By Public Transit

11.79 %

By Walking

5.12 %

By Bicycle

2.0 %

By Other Methods

2.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.19 %

Houses

10.81 %

Own Vs. Rent