FOR SALE | The Layla

Coquitlam, BC

FOR SALE

Property Details

  • Storeys 6
  • Total Net Rentable Area (incl. Guest suites) 61,940 sf
  • Residential Units 103 + 2 Guest Suites
  • Parking Stalls 91
  • Ownership Status Held in a bare trust – opportunity for a purchaser to save on property transfer tax
  • Construction Completion Projected Q2 2025
  • Projected Stabilized Net Operating Income (Year 1) $2,692,516
  • Pricing Guidance Contact listing agents

Overview

Avison Young and Strand Developments are pleased to offer for sale, The Layla, located at 633 Gardena Drive, Coquitlam, BC (the “Property”).

The Layla is centrally located in the Oakdale neighbourhood of Coquitlam, just northwest of Como Lake Avenue and Clarke Road, which is one of the fastest growing municipalities in BC, and surrounded by an abundance of shopping, services and amenities.

This premier multi-family asset features scale, with a 103-unit purpose built rental project containing a balanced suite-mix of 1, 2 and 3 bedroom units, superb building amenities including a fitness centre, amenity room, Wi-Fi in amenity areas, and two guest suites. Further, the Property is held in a bare trust, offering a purchaser the opportunity to save on the property transfer tax.

This is a phenomenal opportunity for an investor to acquire a brand-new rental apartment building in a rapidly growing, central Metro Vancouver market in walking distance to rapid transit with long term stable cash flow.

Property Highlights

A premier investment in one of BC's fastest-growing municipalities

6-storey purpose-built rental project with 103-units, offering a balanced suite-mix of 1, 2, and 3-bedroom units, as well as 2 additional guest suites

Thoughtful building amenities including a fully equipped gym, outdoor courtyard, multi-purpose room for work and leisure, secure parcel lockers, and pet-friendly features including a dog wash station
Conveniently, only a 9-minute walk to Burquitlam Station, a major rapid transit station on the Millennium Line SkyTrain

Built by Axiom, one of the leading quality builders in British Columbia

Held in nominee (offering potential property transfer tax savings)

Location Map

Downloads

Avison Young Multi-Family & Investment Team

Carey Buntain

Carey Buntain

Principal
Avison Young
+1 604 647 1352
Michael Buchan

Michael Buchan

Principal
Avison Young
+1 604 647 5079
Chris Wieser

Chris Wieser

Principal
Avison Young
+1 604 647 5089
Kevin Murray

Kevin Murray

Vice President
Avison Young
+1 604 260 1873
Megan Low

Megan Low

Associate
Avison Young
+1 604 646 8389

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