Property Description

Attention Developers! Great investment and development opportunity in a highly sought-after Burquitlam! This is a land assembly. Centrally located in a unique and established neighborhood, within a walking distance of Burquitlam Station, YMCA, shopping and all levels of schools. The land is designated RM-3 in Coquitlam City's Official Community Plan, up to 8 storey with max density 2.4 FAR, but it's in the Tier 3 (within 800m radius of Skytrain), so soon will change to 3.0 FAR to comply with new land use re-designations. Combined with 627 Smith Ave can be up to 12 storey 4.0 FAR. The City of Coquitlam Burquitlam-Lougheed Neighborhood Plan expects “significant new growth along the SkyTrain corridor”. Don’t miss this opportunity!

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Property Information

Address	629 Smith Avenue Coquitlam BC
List Price	$3,598,000
Dwelling Type	Residential
Gross Taxes	$4,386 (2022)
Total Baths	3
Lot Dimentions	62.03 x 124.31
Total Bedrooms	5
Lot Sz (Acres)	0.18
Lot Sz (Sq Ft)	7688
Property Type	Single Family Residence
List Date	2023-04-12
Age	70
Floor Area (Sq Ft)	2528
Frontage	62.03
MLS® Number	R2767698
Community	Coquitlam West
Area	Coquitlam
Ownership	Freehold NonStrata
Listing Provided by:	RE/MAX City Realty