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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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529 Appian Way, Coquitlam
MLS®: R3136186
2742
Sq.Ft.
3
Baths
3
Beds
10,074
Lot SqFt
1963
Built
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Description
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.
Taxes (2025): $10,417.86
Amenities
Shopping Nearby
Private Yard
Wet Bar
Outdoor Pool
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Microwave
Oven
Swimming Pool Equip.
Window Coverings
Listed By: RE/MAX Crest 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.