Soco One, 318 Alderson Avenue: A 2024 Building in South Coquitlam

Soco One is the first completed piece of Anthem’s SOCO community in south Coquitlam, finished in 2024. If you are searching 318 Alderson Avenue you are looking at Tower A, the north tower.

Almost everything about buying here comes down to one fact: the building is new. That changes which questions are worth your time.

In short

Is Soco One at 318 Alderson Avenue worth buying?

Soco One is the newest of the buildings people compare in this part of Coquitlam, finished by Anthem in 2024, so the warranty is still running and the building has no maintenance history yet. It sits in south Coquitlam near the Burnaby boundary, about a ten minute walk from Lougheed Town Centre station where the Expo and Millennium lines both stop. You pay for new in the price and in the monthly fee, which is the honest trade-off against the older towers nearby.

  • The building: 32 storeys, completed in 2024 by Anthem.
  • Transit: About a ten minute walk to Lougheed Town Centre station, with two SkyTrain lines from one platform.
  • Walkability: Walk Score 70, which it calls somewhat walkable. Errands on foot are realistic, a full grocery run usually is not.
  • Nearby: Hanin Village and H Mart anchor the shops, with quick access to the Lougheed Highway and Highway 1.

Last updated September 25, 2026 by Jaklin Dalir, REALTOR®, eXp Realty.

Tower A, and why the unit count depends where you look

You will see different numbers for this address depending on the site, so here is the distinction. Tower A at 318 Alderson is 32 storeys with 222 homes. The strata plan it sits under, EPS10424, covers 272 homes in total. Wider searches sometimes quote figures for the whole SOCO community, which is larger again.

When you compare two listings, check you are comparing the same tower.

A 2024 building changes the questions

With an older building you dig through decades of minutes. Here there are barely any, so you look at different things.

The 2-5-10 warranty is live across the board, which is the real advantage of buying this early. Two years on labour and materials, five on the building envelope, ten on structure. Find out what the developer has already fixed under it and what is still open, because that record tells you how the building is settling in.

Watch the strata fee too. First-year budgets in new buildings are estimates, and they often rise once a full year of real costs comes in.

The amenities, and what they cost you monthly

Anthem was generous here: a gym and yoga room, co-working space and a meeting room, indoor and outdoor lounges, a barbecue and private dining area, guest suites, a concierge, sports courts including badminton and basketball, an outdoor fitness track, a fire pit and a sundeck.

That list is a genuine lifestyle upgrade and it is also a line on your strata fee every month for as long as you own. Worth being honest with yourself about which parts you will actually use.

SOCO is still under construction

Soco One is one building in a master-planned community, and more of SOCO is still being built. For a buyer that cuts both ways. The neighbourhood will keep improving as retail and public space arrive. In the meantime you may be living next to an active site, with the noise and truck traffic that comes with it.

Ask me which phase is under way and what is approved next before you choose a unit, because the view and the noise both depend on it.

Getting around from Alderson Avenue

You are in south Coquitlam between Burquitlam and Lougheed, so you have SkyTrain within reach and quick access to Lougheed Highway and Highway 1. It is a stronger location for drivers than the Burquitlam towers, and a slightly weaker one for anyone who wants to walk to a station.

Common questions about Soco One

How many units are in Soco One at 318 Alderson Avenue?
Tower A, the north tower at that address, has 222 homes across 32 storeys. Strata plan EPS10424 covers 272 homes in total, which is why sources quote different figures.
When was it built and by whom?
Anthem Properties completed it in 2024 as the first tower in the SOCO community.
Is the building still under warranty?
Yes. A 2024 completion means the full 2-5-10 warranty is live: two years on labour and materials, five on the envelope, ten on structure.
Is there still construction happening around it?
Yes. SOCO is a master-planned community and later phases are still being built, so expect an active site nearby for some time.

What is around Alderson Avenue

Soco One sits in south Coquitlam, close to the Burnaby boundary, which gives it a different set of conveniences from the Burquitlam towers.

  • SkyTrain: roughly a ten minute walk to Lougheed Town Centre station, where the Expo and Millennium lines both stop. Two lines from one station is a real advantage if you commute in different directions.
  • Walk Score: 70, which Walk Score calls somewhat walkable. Honest read: you can do errands on foot, but you will still want a car for a full grocery run.
  • Shops and food: Hanin Village and H Mart are the anchors nearby, along with Paris Baguette and a good spread of restaurants. If you cook with Korean or Chinese ingredients, this is one of the better addresses in the Tri-Cities.
  • Schools: elementary options nearby include Cameron, Holy Cross and St Michaels. For secondary, Sullivan Heights, Dr. Charles Best and Carver Christian are the usual choices.
  • Parks: Keswick Park is closest, with Cariboo Park and Hume Park a short drive.
  • Driving: quick access to Lougheed Highway and Highway 1, which is why this address suits commuters who drive better than the ones who do not.

The other buildings people compare this with

Buyers looking at a 2024 building almost always want to see an older one for comparison. These are the usual three.

What are Soco One units selling for now?

New buildings reprice quickly in the first couple of years. Browse recent Coquitlam sales, free with a quick sign-up, and see what buyers are paying.

See recent sold prices →

Contact Jaklin Dalir

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