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Owning a Coquitlam Duplex
Owning a Coquitlam duplex allows you to live in one unit and rent out the other, providing a source of passive income.
You can take advantage of BC tax benefits by deducting expenses such as property taxes and mortgage interest.
Coquitlam duplexes typically have lower maintenance costs since you are only responsible for the upkeep of two units, rather than an entire apartment complex.
It can be easier to manage a Coquitlam duplex since it is a smaller property, which means less hassle and fewer headaches.
Owning a Coquitlam duplex can provide flexibility for future living arrangements, allowing you to downsize or accommodate a growing family.
In some cases, owning a duplex in Coquitlam can lead to higher property values and appreciation over time.
Duplexes can be a good investment in the Coquitlam real estate market, as they offer potential for long-term cash flow and equity growth.
Coquitlam
Coquitlam has a variety of neighbourhoods to offer, each with its unique character and charm. From the urban vibe of City Centre to the quiet suburban feel of Westwood Plateau, there's something for everyone. Other neighbourhoods include Maillardville, known for its French-Canadian heritage and cozy cafes, and Austin Heights, a bustling area with a mix of residential and commercial spaces. Coquitlam's neighbourhoods provide a diverse range of living options and experiences, making it a great place to call home.