The Layla
633 Gardena Drive, 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 Ownership held in a nominee - providing potential property transfer tax savings
- Project Status 80% leased and ongoing
- Stabilized Net Operating Income $2,529,562
- Pricing Guidance Please Contact Listing Agents
Opportunity
Avison Young and Strand Developments are pleased to offer for sale, The Layla, located at 633 Gardena Drive, Coquitlam, BC.
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.
