529 Appian Way, Coquitlam, BC V3J 2A6

$2,699,888
3
BD
3
BA
2,742
SqFt

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List Price
$2,699,888
Status
ACTIVE
MLS® #
R3136186
Year Built
1963
Subtype
Single Family Residence
Style
Bungalow
Stories
1
Bedrooms
3
Total baths
3
Half baths
1
Living Area
2,742
Area
Coquitlam
Community
Coquitlam West

Property 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.

Additional Information

Lot Size
10,074
Amenities
Near Shopping
Site Influences
Golf, Recreation Nearby
Acres
0.23
Fireplaces
1
Region
Coquitlam
Title To Land
Freehold NonStrata

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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.