For Sale · Multifamily

780 782 CATHERINE AVENUE, Coquitlam

780 782 CATHERINE AVENUE, Coquitlam, BC V3J7H5

$2.8M total

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

97%

Year Built

1976

Lot Size

0.1953856749311295 ac

About this property

Owner-occupied by the same family for 21 years, this well-kept home offers close to 5,000 square ft of living space on a flat corner lot with 100 ft frontage and 85 ft depth, featuring a south-facing backyard and incredible future potential. Designated Medium Density in the City OCP (buyer to verify if important), this property presents a prime holding or redevelopment opportunity in a rapidly growing area-brand-new townhomes have just been built across the street. Ideally located minutes from Burquitlam SkyTrain, YMCA, shopping, restaurants, and schools, this home combines everyday convenience with long-term investment upside. A rare chance to secure a spacious property with major future potential in one of Burquitlam´s most desirable neighbourhoods. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.75M
Down payment30% · $825K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$122K

Annual cash flow

$-30K

Cash-on-cash

-3.62%

DSCR

0.80

Going-in cap

4.45%

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.

Area demographics

Trade area within 3 miles of the property.

Population

129,382

Households

49,808

Median income

$137,000

Median age

34.8

Daytime population

174,387

5-yr growth

1.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 780 782 CATHERINE AVENUE, Coquitlam.

NDA required
  • 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.