The Opportunity

Exceptional opportunity to acquire a three-storey, 33-unit apartment building in a desirable area of Coquitlam located on the corner of Como Lake Ave and Gatensbury Street. Como Lake Manor is well positioned near the rapidly growing Burquitlam community.

Excellent suite mix consisting of 11 two-bedroom suites and 22 one-bedroom suites. Constructed in 1972, this well-maintained building offers secured underground parking (57 stalls), tenant storage lockers, a washer/dryer on every floor, an elevator, and balconies in all suites.

The offering presents an opportunity for investors to acquire a 100% occupied building with an additional secure source of income.

Building Upgrades

Recently Fully Renovated Units: new quartz countertops, faucets, dishwashers, stoves, and laminate flooring

Other Upgrades: copper piping replacement (1997), new torch on roof (2009), and new IBC boiler (2019)

Highlights

Large Corner Lot: 23,557 SF (151’ x 156’)

Coveted Location: close to schools, parks and lakes

Transit Friendly: across from bus routes to SkyTrains