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Port Coquitlam industrial strata sells for twice its assessed value

The 1,630-square-foot unit attracted multiple offers and sold for $1.24 million on October 31, 2022
NAI Commercial, Vancouver, for Western Investor

Property type: Industrial

Location: 1833 Coast Meridien Road, Port Coquitlam, B.C.

Property size: 1,630 square feet

Zoning: M-1 (industrial)

BC Assessment value: $600,700.

List price: $1.248 million

Sale price: $1.242 million

Date of sale: October 31, 2022

Brokerage: NAI Commercial, Vancouver

Broker: Brian MacKenzie