704 Smith Avenue, Coquitlam Listing #: R3118140
$2,090,000
4 Beds
2 Baths
1,924 Sqft
7,560 Lot SqFt
1952 Built
Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly 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.
Taxes (2025): $5,247.59
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
Similar Listings
Listed By: Oakwyn Realty Encore
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