Coquitlam Real Estate

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529 Appian Way - MLS® # R3136186

Property Details


List Price
$2,699,888
Living Area
2,742 sqft.
Bedrooms
3
Bathrooms
2 full, 1 half
Lot Size Area
10074.0 sqft
Taxes
10417.86
Type
Single Family Residence
Style
Rancher/Bungalow
Basement
None
Year Built
1963

Description

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.

Listing Provided By

RE/MAX Crest Realty

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