House
3 Bedrooms
3 Bathrooms
Size: 2,742 sqft
Built in 1963
$2,699,888
About this House in Coquitlam West
INVESTOR & DEVELOPER ALERT. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's OCP and Burquitlam Lougheed Neighbourhood Plan — steps from two Millennium Line SkyTrain stations. Potential FSR of up to 2.5, translating to approx. 25,000 buildable sq ft. Hold & rent the existing 2,600+ sq ft rancher at approx. $6,000/month, assemble with neighbouring lots for an 8–12% …land premium, or rezone and develop your own RM-3 project with projected 35–45% ROI over 5 years. Land up 100%+ since 2015. Walk Score 89 | Transit Score 85.
Listed by RE/MAX Crest Realty.
INVESTOR & DEVELOPER ALERT. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's OCP and Burquitlam Lougheed Neighbourhood Plan — steps from two Millennium Line SkyTrain stations. Potential FSR of up to 2.5, translating to approx. 25,000 buildable sq ft. Hold & rent the existing 2,600+ sq ft rancher at approx. $6,000/month, assemble with neighbouring lots for an 8–12% land premium, or rezone and develop your own RM-3 project with projected 35–45% ROI over 5 years. Land up 100%+ since 2015. Walk Score 89 | Transit Score 85.
Listed by RE/MAX Crest Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Tyler Volker for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R3136186
- Bedrooms: 3
- Bathrooms: 3
- Type: House
- Size: 2,742 sqft
- Lot Size: 10,074 sqft
- Frontage: 73.00 ft
- Year Built: 1963
More about Coquitlam West, Coquitlam
Latitude: 49.2530659
Longitude: -122.8903417