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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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814 Miller Avenue, Coquitlam
MLS®: R2958874
2819
Sq.Ft.
4
Baths
7
Beds
7,841
Lot SqFt
1957
Built
Virtual Tour
Description
Investor Alert! Prime opportunity in Coquitlam West - a beautiful, flat 7,844 SF corner lot with OCP designation for townhouses. Whether you plan to build a multi-family project yourself, or hold for a future land assembly and development, this corner unit with a back lane is an excellent choice. This property features 7 bedrooms, 3 kitchens, and generates strong cash flow: Upper level rented for $3,300/month Lower level rented for $1,450/month Additional 2-bedroom suite ready for your use or rental income. Conveniently located near parks, top private schools, and an IB program school, with easy access to transit, shopping.
Taxes (2024): $5,362.57
Amenities
Electricity
Sewer
Water
Shopping Nearby
Balcony
Features
Washer
Dryer
Dishwasher
Refrigerator
Cooktop