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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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629 Smith Avenue, Coquitlam
MLS®: R2767698
2528
Sq.Ft.
3
Baths
5
Beds
7,688
Lot SqFt
1955
Built
Virtual Tour
Description
Attention Developers! Great investment and development opportunity in a highly sought-after Burquitlam! This is a land assembly, sold together with 627 Smith Ave, R2783172. 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, this zone allows for apartment developments up to 6 storey wood frame or 8 storey concrete at a medium density. 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
Amenities
Garden
In Suite Laundry
Features
ClthWsh
Dryr
Frdg
Stve
DW
Listed By: RE/MAX City Realty
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.