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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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1209 Crest Court, Coquitlam
MLS®: R3105673
2070
Sq.Ft.
3
Baths
3
Beds
12,177
Lot SqFt
1964
Built
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Description
Attention builders and investors! Rare 12,000+ sqft lot on a quiet cul-de-sac in desirable Coquitlam with excellent redevelopment potential. Opportunity to build a large fourplex with attached garages (buyer to verify with City of Coquitlam). Preliminary potential for four spacious units, each approx. 1,950+ sqft with 5 bedrooms plus den—ideal for today’s market demand. The existing home is well-maintained and offers solid holding income. Located close to schools, parks, shopping, and transit, this is a prime opportunity to secure a high-upside multiplex development site in a growing area.
Taxes (2025): $7,027.49
Listed By: RE/MAX Performance 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.