Description

Builder and investor ALERT! Rare development opportunity to rezone RT3 for potential 4plex (4 detached small houses) in Coquitlam West. Site is designated “Neighbourhood Attached Residential” (NAR) in Coquitlam’s OCP. Lot with 11071 sqft and wide frontage 90ft. The 10-meter streamside setback is determined, following detailed assessment methods of the Provincial Riparian Areas Regulation, not reach the property. Eligible for Housing Choices Program for redevelopment. House in a good condition produces investment income during application phase. Quite street and future public park just down the road. Walking distance to Lougheed Skytrain Station then ride to Downtown or Metrotown, and future site of a redeveloped Lougheed Town Centre. Easy access to Hwy 1 and Lougheed Hwy for drivers.

Taxes (2018): $5,624.89