Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly for TH and redevelopment momentum, inc Townhouse-designated sites and approved/proposed six-storey rental and condo projects next door - 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. This is Mainly land value but bonus, the Current house has proven Rental income and lovingly cared for by the current owners. (id:13843)
| MLS # | R3118140 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1952 |
| Days On Site | 196 |
| Listing Provided By | Oakwyn Realty Encore | Jason Yoo |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,924 |
| Garage | 3 |
| Basement | Y |
| Acreage | 0.17 |
| Heating | Forced air, Natural gas |
|---|---|
| Appliances | All |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Lot Features | Central location, Treed |
|---|
| Parking Features | Garage, Other |
|---|---|
| Parking Total | 3 |
| Tax Annual Amount | 5247.59 |
|---|---|
| Tax Year | 2025 |
| Province | BC |
|---|---|
| City | Coquitlam |
| Postal Code | V3J2W7 |
| Listing VS Median (in V3J2W7) | |
Price: $2,090,000 low | high Med: $2,090,000 sqft: 1,924 low | high Med: 1,924 $ / sqft: $1,086 low | high Med: $1,086 On site: 196 low | high Med: 196 | |
| Province | BC |
|---|---|
| City | Coquitlam |
| Postal Code | V3J2W7 |
| Listing VS Median (in V3J2W7) | |
Price: $2,090,000 low | high Med: $2,090,000 sqft: 1,924 low | high Med: 1,924 $ / sqft: $1,086 low | high Med: $1,086 On site: 196 low | high Med: 196 | |
![]() | $1,590,000697 Fairview StreetCoquitlam, BC V3J4B3 |