Sold

2459-65 Atkins Avenue

Port Coquitlam

Development Site

SOLD $1,410,000

Overview

The subject property is an RM-5 zoned multi-family development site comprised of two lots with a total site size of 122′ x 124′ approx. (15,271 sq. ft.) located in the Town Centre of Port Coquitlam. The site is vacant, has demolition permits in place and is ready to build approximately 35-40 condo units. There are 36 existing condos to the west and 70 condo units to the south of the subject property which are all sold and occupied. The land is conveniently located in a short cul-de-sac off Reeve Blvd, just across from Reeve Park and within short walking distance to Riverside Secondary School, shopping, restaurants and local transit.

The Site

Sewer, Storm: At Lot Line
Water: At Lot Line
Electricity, Gas: At Lot Line

The owners have spent over $16,000 to obtain demolition permits and clear the site. The lot is ready for construction in a very active and popular emerging housing community.

Summary

Price$1,650,000
Lot Size122' x 124' approx. (15,271 sq. ft.)
ZoningRM-5 (Downtown Apartment Residential)
PID010-421-661; 010-421-645
Sale Price$1,410,000
Sale Date05/01/2010

Financials

FinancingClear Title.
Assessment 2010
Land
Land$836,000
Taxes 2009
$6,187.00

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

Mortgage Calculator

Mortgage
Interest rate
Amortized over
Your monthly payment is approximately

* Assumes constant interest rate throughout amortization period

%
year(s)