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Century Place

523 Gatensbury Street, Coquitlam

SOLD $23,175,000

Price $26,000,000
Property type Apartment building
Units 97
Storeys 5
Net rentable area 68,905 SF
Year built 1970
Lot size 71,280 SF (270’ × 264’)
Land area 1.64 acres
Zoning RM-2
Price per unit $268,041
Rental rate $1.79/SF
Cap rate 3.2%
Gross income multiplier 17.5
Parking 92 underground stalls
Floor space ratio Apartment (1.85 FAR) or townhouse (1.4 FAR)
Development potential Austin Heights Neighbourhood Plan
PID 011-106-344, 011-106-255, 011-106-310, 011-106-336
Sale price $23,175,000
Sale date 09/01/2023


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