SOCO in Coquitlam

Name: Sales in SOCO started!
Start: 2020-09-22T07:10:34.708763+00:00
End: 2023-12-31T23:59:59+0000
Location: SOCO

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Construction

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Project info

Object ID: 9428

Finished at	December 2024
Price, m²	From 8050$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	28
Apartments	222
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

322,000$

Net profit

5,883$

Payback period

39.9 years

Avg property value increase per year

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About the project

SOCO has access to everything you want at your fingertips within a six-acre masterplanned community of 5 towers, approx. 73,000 sq. ft. of commercial and retail space, with direct access to residents-only amenities, on-site daycare and rapid transit.

Developer

Founded in 1991 by Eric Carlson, Anthem is a real estate development company focused on investment, development and management of commercial…
Details about Anthem