580 Whiting Way, Coquitlam, BC

Coquitlam, BC

FOR SALE

Property Details

  • Lot Size 28,975
  • Site Dimensions 165 ft x 175 ft
  • Number of Existing Units 44
  • Current Zoning RM-2 - Three Storey Medium Density Apartment Residential
  • Burquitlam Lougheed Neighbourhood Plan High Density Apartment Residential
  • Maximum Density 5.0 - 6.0 FSR (Base density 2.50 FSR)
  • Assed Value (2025) $12,172,000
  • Financing Treat as clear title
  • Sale Structure Asset Sale
  • Pricing guidance Contact Listing Agents

Overview

Avison Young is pleased to present 580 Whiting Way, Coquitlam, a well-maintained multi-family asset with future development potential. The property offers a superb location with a tremendous value-add location to increase the net operating income. Located conveniently close to schools, parks, and public transportation, including the nearby SkyTrain stations, the Property provides excellent connectivity across Metro Vancouver. The Property provides strong upside on rental growth potential for the existing asset coupled with prescribed future development potential under the Burquitlam Neighborhood Plan.

Property Highlights

Brand new roof replaced in 2024

Lobby and common area upgrades including all new flooring

New boiler system and hot water tanks installed in 2020

Electrical upgrades completed to panels, wiring and lighting components
New membranes installed in select balconies

New fence system replaced and completed in 2024

Suites upgrades as required and one fully renovated suite completed in 2024

Location Map

Downloads

Brochure

Confidentiality Agreement

Avison Young Multi-Family & Investment Team

Michael Buchan

Michael Buchan

Principal
Avison Young
+1 604 647 5079
Mitchell Knoepfel

Mitchell Knoepfel

Senior Associate
Avison Young
+1 604 757 4942
Carey Buntain

Carey Buntain

Principal
Avison Young
+1 604 647 1352
Kevin Murray

Kevin Murray

Vice President
Avison Young
+1 604 260 1873
Chris Wieser

Chris Wieser

Principal
Avison Young
+1 604 647 5089
Megan Low

Megan Low

Associate
Avison Young
+1 604 646 8389

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