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$3.0M total
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
82%
Year Built
1977
Lot Size
0.19100091827364554 ac
CENTRAL BURQUITLAM, LOCATED NEAR BURQUITLAM SKYTRAIN STATION, THE NEW YMCA, LOUGHEED MALL, SFU, CAFES, SHOPPING & SCHOOLS. PRIME HOLDING PROPERTY OR ASSEMBLE THE PARCEL AS PART OF A REDEVELOPMENT PROPERTY. 616-618 SMITH AVENUE ARE ONE TITLE. LARGE 8320 SQ.FT. LOT WITH 2 DUPLEXES WITH APPROXIMATELY 4400 SQ.FT. OF LIVING AREA. LIVE IN ONE HALF AND RENT OTHER SIDE OUT. NEW DEVELOPMENTS IN THE IMMEDIATE VICINITY, "POLYGON & ANTHEM PROPERTIES". CALL OR TEXT ALAN AT 604.828.6021 TO VIEW. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$77K
Annual cash flow
$-86K
Cash-on-cash
-9.75%
DSCR
0.47
Going-in cap
2.62%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
89,296
Households
40,831
Median income
$131,500
Median age
34.5
Daytime population
77,647
5-yr growth
6.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 616 618 SMITH AVENUE, Coquitlam.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.