704 Smith Avenue, Coquitlam, British Columbia V3J 2W7

Listed for:

$2,090,000

4 beds

2 baths

Listed 3 days ago

House for rent: 704 Smith Avenue, Coquitlam, British Columbia V3J 2W7

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About

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 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:27476)

Property Highlights

MLS® Number

R3118140

Type

Single Family

Ownership Type

Freehold

Land Size

7560 sqft

Parking Space Total

Building

Building Type

House

Storeys

1.00

Square Footage

1924 sqft

Bathrooms Total

Bedrooms Total

Amenities

Laundry - In Suite Recreation, Shopping

Fireplace Present

Yes

Basement Type

Full (Finished)

Basement Features

Unknown

Building Heating Type

Forced air

Heating Fuel

Natural gas

Building Cooling Type

Location

Learn more about this property

Listing provided by:

Oakwyn Realty Encore

MLS® number:

R3118140

Agent:

Jason Yoo

Phone:

(778) 888-8356

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