Property Description

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.

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Property Information

Address	704 Smith Avenue Coquitlam, BC
List Price	$2,090,000
Dwelling Type	Residential
Gross Taxes	$5,248 (2025)
Total Baths	2
Lot Dimentions	63 x 120
Total Bedrooms	4
Lot Sz (Acres)	0.17
Lot Sz (Sq Ft)	7560
Property Type	Single Family Residence
List Date	2026-04-27
Age	74
Floor Area (Sq Ft)	1924
Frontage	63
MLS® Number	R3118140
Community	Coquitlam West
Area	Coquitlam
Ownership	Freehold NonStrata
Listing Provided by:	Oakwyn Realty Encore