Arun Rahul Group

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704 SMITH Avenue, Coquitlam
704 SMITH Avenue, Coquitlam
704 SMITH Avenue, Coquitlam
704 SMITH Avenue, Coquitlam
704 SMITH Avenue, Coquitlam
+4 more

704 SMITH Avenue, Coquitlam, British Columbia

$2,090,000
4
Beds
2.0
Baths
1,924
Square feet
0.1736
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:66920)

Key Features

  • All
  • Central location
  • Treed
  • Bungalow
  • Laundry - In Suite
  • Garage
  • Other
  • Forced air
  • Natural gas
  • House
Rahul Manro
Rahul Manro
Real Estate Associate, Managing Partner
Cell: +1 403-926-2030 VIEW REALTOR® PROFILE

Payment Calculator

Estimated monthly payment
$9,774
/month · principal + interest

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Listing courtesy of Greater Vancouver REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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