+9 more
$2,090,000
704 SMITH
4
Bedrooms
2
Bathrooms
1,924 sqft
Living Area
7,560 sqft
Lot
1952
Year Built
About This Property
This 4-bedroom, 2-bathroom single family in Coquitlam offers 1,924 sqft of living area on a 7,560 sqft lot. Built in 1952. The property has lot dimensions of 7560. The home features forced air, natural gas heating, a finished, full, unknown basement, a fireplace.
MLS Remarks
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:60351)
Overview
Property Typeresidential
Sub-Typesingle family
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