704 Smith Avenue, Coquitlam, BC, V3J 2W7

$2,090,000

MLS® # R3118140

House For Sale In Cariboo/Burquitlam, Coquitlam, British Columbia

$2,090,000

  • 4

    Bedrooms

  • 2

    Baths

  • 7560.00 Square Feet

    Lot Size

Property Information:

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.

Building Features:

  • Floor Space: 1924 Square Feet

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2+0
  • Annual Tax Amount: $5,247
  • Appliances: Washer/Dryer, Dishwasher, Refrigerator
  • Architectural Style: Rancher/Bungalow w/Bsmt.
  • Basement: Full, Finished
  • Built in: 1952
  • Community Features: Shopping Nearby
  • Exterior Features: Private Yard
  • Fireplace Features: Insert, Gas
  • Floor Space (approx): 1924 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit
  • Lot Features: Central Location, Lane Access, Recreation Nearby, Wooded
  • Lot Frontage: 63 Feet
  • Lot Size: 7560.00 Square Feet
  • Parking Features: Additional Parking, Garage Single, Other, Lane Access, Side Access
  • Structure Type: Residential Detached
  • Window Features: Window Coverings
  • No. of Parking Spaces: 3

Courtesy of: Oakwyn Realty Encore

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