Description

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. (id:66096)

Property Details

MLS®: C8079655
Property Type: Vacant Land
Zoning: RES
Interior Size: 10,074 ft²
Lot Size: 2.31 acres
Price per Acre: $1,167,386 per acre
Year Built: 1963
Property Tax: $10,417.86/yr
Listed: 141 days ago

Market Timing

Days on market

141d

Coquitlam listings, avg age

87d

Price / ft²

$268

List price

$2.70M

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$2,699,888· $268/ft²

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529 APPIAN Way, Coquitlam - Vacant Land for Sale

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