4 Bedroom
2 Bathroom
1,924 sqft
Bungalow
Fireplace
Forced Air
$2,090,000
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. (id:17816)
Property Details
|
MLS® Number
|
R3118140 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Recreation, Shopping |
|
Features
|
Central Location, Treed |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
4 |
|
Amenities
|
Laundry - In Suite |
|
Appliances
|
All |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Unknown |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1952 |
|
Construction Style Attachment
|
Detached |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Fixture
|
Drapes/window Coverings |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,924 Sqft |
|
Type
|
House |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Recreation, Shopping |
|
Size Frontage
|
63 Ft |
|
Size Irregular
|
7560 |
|
Size Total
|
7560 Sqft |
|
Size Total Text
|
7560 Sqft |
https://www.realtor.ca/real-estate/29682360/704-smith-avenue-coquitlam
