704 Smith Avenue Coquitlam, British Columbia V3J 2W7

4 Bedroom 2 Bathroom 1,924 sqft
Bungalow Fireplace Forced Air

$2,090,000

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:63476)

Property Details

MLS® Number R3118140
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location, Treed
Parking Space Total 3

Building

Bathroom Total 2
Bedrooms Total 4
Amenities Laundry - In Suite
Appliances All
Architectural Style Bungalow
Basement Development Finished
Basement Features Unknown
Basement Type Full (finished)
Constructed Date 1952
Construction Style Attachment Detached
Fireplace Present Yes
Fireplace Total 1
Fixture Drapes/window Coverings
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,924 Sqft
Type House

Parking

Garage 1
Other

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 63 Ft
Size Irregular 7560
Size Total 7560 Sqft
Size Total Text 7560 Sqft

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