A GEM opportunity for Developers & investors in the heart of Coquitlam West. This 8,778 SF property Zoned for RT-1 & falls within Area Plan for Medium Density Apartment Residential. With the thrilling rezoning potential to RM-3, allowing for a remarkable 2.4 FSR. Neighbor properties possibly open to selling in 5 lots assembly, total area is approximately 43,526 sqft, creating fantastic choice for developers seeking to redevelop a 6-8 story residential apartment complex. Even as an individual investor, holding this unique lot in the middle of five others (at the heart f potential land assembly) promising substantial profits in the evolving real estate market. New developments are being built and are proposed all around this property. Call today for an information package.
Address |
640 CLARKE ROAD |
List Price |
$2,600,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Area |
Coquitlam |
Sub-Area |
Coquitlam West |
Bedrooms |
2 |
Bathrooms |
1 |
Floor Area |
1,381 Sq. Ft. |
Lot Size |
8778 Sq. Ft. |
Year Built |
1956 |
MLS® Number |
R2845031 |
Listing Brokerage |
Property Pistol Realty
|
Basement Area |
Crawl |
Postal Code |
V3J 3X6 |
Zoning |
RT-1 |
Tax Amount |
$7,445 |
Tax Year |
2022 |
Site Influences |
Central Location, Lane Access, Private Setting, Private Yard, Recreation Nearby |
Features |
ClthWsh/Dryr/Frdg/Stve/DW |