About this House in Coquitlam West
Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly and redevelopment momentum, inc Townhouse-designated sites at Smith Ave and approved/proposed six-storey rental and condo projects along the Smith corridor. Strong potential for holding income, future assembly, and long-term upside in a neighbourhood transitioning toward higher density. LEGISLATIVE BILL-47 puts this property within the transit-o…riented area that allows up to 8 storey mid-rise development at 3.0 FAR. The recent SHAPE PROPERTIES proposal to redevelop Burquitlam Plaza is a game changer for the neighbourhood. Current house has proven Rental income and currently lovingly cared for by the current owners.
Listed by Oakwyn Realty Encore.
Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly and redevelopment momentum, inc Townhouse-designated sites at Smith Ave and approved/proposed six-storey rental and condo projects along the Smith corridor. Strong potential for holding income, future assembly, and long-term upside in a neighbourhood transitioning toward higher density. LEGISLATIVE BILL-47 puts this property within the transit-oriented area that allows up to 8 storey mid-rise development at 3.0 FAR. The recent SHAPE PROPERTIES proposal to redevelop Burquitlam Plaza is a game changer for the neighbourhood. Current house has proven Rental income and currently lovingly cared for by the current owners.
Listed by Oakwyn Realty Encore.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef 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®: R3118140
- Bedrooms: 4
- Bathrooms: 2
- Type: House
- Square Feet: 1,924 sqft
- Lot Size: 7,560 sqft
- Frontage: 63.00 ft
- Full Baths: 2
- Half Baths: 0
- Taxes: $5247.59
- Parking: Additional Parking, Garage Single, Other, Lane A
- Basement: Full, Finished
- Storeys: 2 storeys
- Year Built: 1952
- Style: Rancher/Bungalow w/Bsmt.
Walkscore Of This Listing
More About Coquitlam West, Coquitlam
latitude: 49.259980099
longitude: -122.8823899
Postal Code: V3J 2W7
