$2,699,888 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. (id:5764) C8079655 MLS® # 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. (id:5764) 529 APPIAN Way, Coquitlam Listing courtesy of RE/MAX Crest Realty.
$2,699,888 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. (id:5764) 3 Beds ⋅ 3 Baths ⋅ R3136186 MLS® # 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. (id:5764) 529 APPIAN Way, Coquitlam Listing courtesy of RE/MAX Crest Realty.