For Sale · Multifamily

1681-1683 SUFFOLK AVENUE, Port Coquitlam

1681-1683 SUFFOLK AVENUE, Port Coquitlam, BC V3B1H1

$1.7M total

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

93%

Year Built

1975

Lot Size

0.2713269054178145 ac

About this property

Exceptional investment and multi-generational opportunity at 1681 &1683 Suffolk Ave! This unique full duplex offers over 5,000 square ft of total living space, with each side featuring approximately 2,518 sqft across two levels. Spacious layouts include generous living and dining areas, well-appointed kitchens, 2 & 3 bedroom suites, and private outdoor spaces. A rare 1,620 square ft detached garage/workshop provides incredible space for vehicles, storage, business use or hobbies. Currently generating an impressive $7,514/month in rental income, this property offers substantial income potential while providing flexibility for investors, extended families or owner-occupiers. A truly versatile property with exceptional space, income and future possibilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.75M
Down payment30% · $525K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$69K

Annual cash flow

$-28K

Cash-on-cash

-5.25%

DSCR

0.72

Going-in cap

3.97%

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

49,466

Households

21,699

Median income

$70,000

Median age

41.2

Daytime population

79,377

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 1681-1683 SUFFOLK AVENUE, Port 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.