704 Smith Avenue, Coquitlam, British Columbia

$2,090,000

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4

Beds

2

Baths

1,924

Square feet

0.17

Acres

About 704 Smith Avenue

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. (id:36535)

Features of 704 Smith Avenue

Listing # R3118140
Price $2,090,000
Bedrooms 4
Bathrooms 2.00
Square Footage 1,924
Acres 0.17
Year Built 1952
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 704 Smith Avenue
City Coquitlam
Province British Columbia
Postal Code V3J2W7

Amenities

Amenities Recreation, Shopping, Laundry - In Suite
Features Central location, Treed
Parking Spaces 3
Parking Garage, Other
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Drapes/Window coverings
Appliances All
Heating Natural gas Forced air
Fireplace Yes
# of Fireplaces 1
# of Stories 1
Has Basement Yes
Basement Features Unknown
Basement Type Full (Finished)
Basement Development Finished

Listing Details

OfficeCourtesy Of Oakwyn Realty Encore

Listing Map