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629 Smith Avenue, Coquitlam
Description
Attention Developers! Great investment and development opportunity in a highly sought-after Burquitlam! This is a land assembly. Centrally located in a unique and established neighborhood, within a walking distance of Burquitlam Station, YMCA, shopping and all levels of schools. The land is designated RM-3 in Coquitlam City''s Official Community Plan, up to 8 storey with max density 2.4 FAR, but it''s in the Tier 3 (within 800m radius of Skytrain), so soon will change to 3.0 FAR to comply with new land use re-designations. Combined with 627 Smith Ave can be up to 12 storey 4.0 FAR. The City of Coquitlam Burquitlam-Lougheed Neighborhood Plan expects “significant new growth along the SkyTrain corridor”. Don’t miss this opportunity!
Taxes (2022): $4,386.08
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