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Foreclosure signalInvestment signal

$1,799,900

1114 HACHEY AVENUE

Beds

0

Baths

Sqft

Year

1968

About this home

Prime Maillardville redevelopment opportunity. Flat lot with 66 ft frontage in a rapidly evolving neighbourhood. Previously improved with a duplex, offering strong precedent for increased density and excellent potential for small-scale multi-unit housing under current zoning and provincial housing initiatives. Property requires demolition and is priced accordingly, presenting a compelling opportunity for builders and investors. Close to transit, schools, and major commuter routes. Sold as-is, where-is. Buyer to verify development potential with the City of Coquitlam. No access permitted. Do not walk the property. (id:65958)

Subtype
Single Family
Lot size
9,234 square feet
MLS#
R3101798
Area
COQUITLAM
Negative cash flow ~$3,439/mo at these assumptions

Cash on cash

-11.46%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,620

Financing

Down payment$359,980
Loan amount$1,439,920
Mortgage$8,834/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825
Insurance$80
Maintenance$1,500
CapEx reserve$750
Vacancy loss$450

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,834/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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