Commercial Land for sale
529 Appian Way, Coquitlam West, Coquitlam
$2,699,888
Features
Year Built
1963
Lot Size
10,019 sqft
Gross Property Tax
$10,417.86 /year
Zoning
RES
Bylaws Restriction
None Known
Water Supply
Public, City Water at Lot Line
Sewer/Septic
Public Sewer, Sanitary Sewer
Description
INVESTOR & DEVELOPER ALERT. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's OCP and Burquitlam Lougheed Neighbourhood Plan - steps from two Millennium Line SkyTrain stations. Potential FSR of up to 2.5, translating to approx. 25,000 buildable sq ft. Hold & rent the existing 2,600+ sq ft rancher at approx. $6,000/month, assemble with neighbouring lots for an 8-12% land premium, or rezone and develop your own RM-3 project with projected 35-45% ROI over 5 years. Land up 100% + since 2015. Walk Score 89 | Transit Score 85.
MLS® Number C8079655
Price History
| Date | Status | Price |
|---|---|---|
| Jun, 13, 2015 | Sold | $1,102,500 |