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. (id:54441)
| MLS® Number | C8079655 |
| Property Type | Vacant Land |
| Constructed Date | 1963 |
| Size Interior | 10074 Sqft |
| Acreage | Yes |
| Size Irregular | 100744 |
| Size Total | 100744 Sqft |
| Size Total Text | 100744 Sqft |
| Zoning Description | Res |
| Electricity | Available |
| Natural Gas | Available |
| Sewer | Available |
| Water | At Lot Line |
https://www.realtor.ca/real-estate/29912076/529-appian-way-coquitlam
Contact us for more information
Hani Faraj
Vancouver House Finders Team
(604) 602-1111
(604) 602-9191
remaxcrest.ca/