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529 APPIAN WAY, Coquitlam BC V3J 2A6 - Photo 11 / 40

$2,699,888

529 APPIAN WAY, Coquitlam BC V3J 2A6

LandMLS# C8079655

Building Size

10,074 sqft

Lot Size

10,018.8 sqft

Zoning

RES

Year Built

1963

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.

Location

529 APPIAN WAY, Coquitlam BC V3J 2A6

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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.