For Sale · Office

122 2227 ST. JOHNS STREET, Port Moody

122 2227 ST. JOHNS STREET, Port Moody, BC V3H2A6

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

95%

Year Built

1910

About this property

Unit 122 offers approximately 900 sq. ft. of C3 zoned office / retail space within The Roe Residence , a landmark 1910 heritage building on St. Johns Street in Port Moody. The suite has its own private entrance and a functional layout with several private offices off a central corridor , we l l suited to professional, medical, retail or service users . Tenants benefit from ample on site parking for staff and visitors , along with access to a common boardroom that can be reserved daily by all tenants in the building . Located on one of the busiest arteries leading into Port Moody's City Centre , within walking distance of Moody Centre Station with bus , SkyTrain and West Coast Express service. Only 5 to 10 min. to North Burnaby, Coquitlam and Port Coquitlam, 10 to 15 min. to New Westminster and 25 min. to downtown Vancouver by car . Offered at $4,000 per month gross all in plus GST . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

57,849

Households

21,095

Median income

$109,500

Median age

36.4

Daytime population

55,820

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 122 2227 ST. JOHNS STREET, Port Moody.

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.