529 APPIAN WAY
Coquitlam · MLS® R3136186
3 bed · 3 bath · 2,742 sq ft · 10,074 sq ft lot · 5 parking
House · Single Family · built 1963 · 115 days on market
Listed by Hani Faraj, RE/MAX Crest Realty
Realtor's description
INVESTOR & DEVELOPER ALERT. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 square 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+ square 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.
Property details
- Type
- House, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,742 sq ft
- Lot
- 10,074 sq ft
- Parking
- 5
- Year built
- 1963
- Property tax
- $10,418 / yr
- Days on market
- 115
- MLS®
- R3136186
Features
- Wet bar
- All
- Refrigerator
- Dishwasher
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Location
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