← Back to listings

$2,090,000

704 Smith Avenue

Parking for 3.

Beds
4
Baths
2
Sq ft
1,924
Per sq ft
$1,086

House · Listed 6 months ago · MLS® R3118140

Listed by Oakwyn Realty EncorePowered by: REALTOR.ca

About this home

Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly for TH 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:67498)

Details

MLS® number
R3118140
Property type
House
Building type
House
Status
Active
City
Coquitlam
Bedrooms
4
Bathrooms
2
Living area
1,924 sq ft
Lot size
7560 square feet
Year built
1952
Parking
3 — Garage, Other
Annual taxes
$5,248 (2025)
Basement
Finished, Full, Unknown
Heating
Forced air, Natural gas
Fireplaces
1
Appliances
All

Location