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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Listing Type: | House/Single Family |
| Sqft | 2,171 |
| Lot Size | 8,618 |
| Built: | 1959 |
| Price: | $1,700,000 |
| Listed By: | Royal Regal Realty Ltd. |
| MLS: | R3106798 |
Description
INVESTORS & BUILDERS ALERT! Prime development opportunity in the highly sought-after West Coquitlam neighbourhood. Potential for triplex, fourplex, or low-rise condo development. Located on a quiet, family-friendly street with lane access. Development Permit (DP) application in progress — approval expected in approximately 2 months. Just 500m from Burquitlam SkyTrain Station, within the Transit-Oriented Area (TOA), allowing for up to 3.0 FAR and 8-storey building potential. Build a fourplex on a single lot or assemble with neighbouring properties for greater density. Buyer and/or Buyer''s Agent to verify development potential with the City of Coquitlam.
Taxes (2024): $6,296.79
Amenities
Balcony
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
