210a evergreen drive port moody, bc - hq...
TRANSCRIPT
Development Site with holDing income
210A Evergreen DrivePort Moody, BC
Dean thomas* 604 726 [email protected]
Ashley osborn* 604 356 [email protected]
hQ commercial320 - 1385 West 8th Ave.
Vancouver, BC V6H 3V9www.hqcommercial.ca
For more information, visit: www.evergreendrive.net
For SAle
7.17 acres development site in Port MoodyImproved with 64 rental townhouses
Subject
FlAvelle oceAnFront Development Site
inlet centre SKYtrAin StAtion
SeAview commUnitY elementArY School
Clark St
St. JohnS St
barnet hwy
mooDY centre SKYtrAin StAtion
*Personal Real Estate Corporation
OPPOrtunityA well located potential redevelopment site covering 7.17 acres, designated as multifamily within the current Port Moody Official Community Plan (OCP). This site presents a developer the opportunity to work closely with the City Planners to create a boutique development incorporating a mixture of market and rental housing.
PrOPErty DESCriPtiOnNestled in the quiet and scenic Glenayre/College Park neighbourhood of Port Moody, the property is surrounded by a tranquil forest, and is steps away from Seaview Community Elementary School. The property offers convenient access to SkyTrain, the West Coast Express, Highway 7, and Trans Canada Highway 1, facilitating commutes throughout the Lower Mainland.
rEntAL unit DESCriPtiOnAll 64 rental townhouses offer 1,800 square feet of living space, comfortably spread over three storeys. These three bedroom, three bathroom homes offer in-suite laundry, and each unit has its own balcony and designated yard space, with fenced backyards providing added security.
theevergreenS
PrOjECt SuMMAry
Civic Address 210A Evergreen DrivePort Moody, BC
PiD 002-483-092
Legal descriptionLot 235 District Lots 202, 268 and 377 Group 1 New Westminster District Plan 33247
Lot size 7.17 Acres (312,325 sq. ft.)
improvements
The property is built out with nine separate buildings comprised of three-storey, 1,800 sq. ft. townhomes
total units 64
year Built Approx 1970
Zoning RM3 (Multi-Family Residential)
nOi (2016) $792,132** (to be confirmed)
Property tax $77,988.83
tax Assessment (2016)
LandImprovementsTotal
$14,056,000$2,296,000
$16,352,000
Price $32,500,000(share sale)
**Based on April 2016 rent roll annualized and 2015 expenses inflated at 2.0%
210A Evergreen DrivePort Moody, BC
This document/email has been prepared by HQ Real Estate Services Inc. for advertising and general information only. HQ Real Estate services Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. HQ Real Estate Services Inc. excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of HQ Real Estate Services Inc. and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement.
Dean thomas* 604 726 [email protected]
Ashley osborn* 604 356 [email protected]
hQ commercial320 - 1385 West 8th Ave.Vancouver, BC V6H 3V9www.hqcommercial.ca
*Personal Real Estate Corporation
theevergreenS
Development Developer Type Status
1 Paramount Bold Properties Condo Development Coming Soon
2 Edgestone Bold Properties Townhouse Development Coming Soon
3 Westport Village TBC Condo Development Coming Soon
4 Bayview Heights Regent International Townhouse Development Now Selling
5 Flavelle Mill Flavelle Oceanfront Development Condo Development Coming Soon
6 Platform Aragon Properties Ltd. Condo & Townhouse Development Coming Soon
BArnet hwY
1
St. JohnS
23
6
54
mooDY centre SKYtrAin StAtion
SeAview commUnitY elementArY School
FlAvelle oceAnFront Development Site
BUrQUitlAm SKYtrAin StAtion
SUBJect
mo
oD
Y St