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Multiplex - 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.
| Basement Finished Area (sqft) | 962 |
|---|---|
| Basement Features | Full, Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Forced Air, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Hardwood, Tile, Wall/Wall/Mixed, Carpet |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,090,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1924 |
| Year Built | 1952 |
| Age Of Building | 74 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Garage Single, Other, Lane Access, Side Access |
| Total Parking Spaces | 3 |
| Rental Suites | None |
| Lot Size | 7560 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 63 |
| MLS® # | R3118140 |
| Area | Coquitlam |
| Neighbourhood | Coquitlam West |
| City | Coquitlam |
| Postal Code | V3J 2W7 |
| Gross Taxes | $5,247.59 |
| Zoning | SFD |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 14'6 x 14'6 ft |
| Main Level | Dining Room | 8' x 8' ft |
| Main Level | Kitchen | 11'6 x 11'6 ft |
| Main Level | Bedroom | 15' x 15' ft |
| Main Level | Bedroom | 13'6 x 13'6 ft |
| Basement Level | Bedroom | 13' x 13' ft |
| Basement Level | Recreation Room | 17'5 x 17'5 ft |
| Basement Level | Laundry | 16' x 16' ft |
| Basement Level | Bedroom | 12'6 x 12'6 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #3 |
Listed by: Oakwyn Realty Encore
NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Based on 2 comparable active Single Family Residences in Coquitlam West, the average asking price is $2,363,333. This listing is priced 11.6% below the neighbourhood average. This property is flagged as a Hot Deal (Land Value only) based on its competitive pricing and market demand.
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