704 Smith Avenue
Coquitlam West, Coquitlam, BC

Active
$2,090,000
Listed By: Oakwyn Realty Encore
Listed 5 months ago

Details

Beds
4
Bath
2
Kitchens
1
Built
1952
Living Area
1924 SqFt.
Lot Size
7560 SqFt.
Frontage
63 Feet

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.

Amenities
Shopping Nearby Private Yard In Unit

Features

Washer/Dryer Dishwasher Refrigerator Stove Window Coverings

Site Influences

Shopping Nearby Private Yard Central Location Lane Access Recreation Nearby Wooded

Location

Technical Information

MLS® # R3118140
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 1
Year Built 1952
Parking Additional Parking,Garage Single,Other,Lane Access,Side Access
Tax $5,248 in 2025

Floor Area (sq. ft.)

Main Floor 962
Above 962
Basement 962
Total 1,924

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.