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