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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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735 Lea Avenue, Coquitlam
MLS®: R3137499
1069
Sq.Ft.
1
Baths
3
Beds
6,935
Lot SqFt
1952
Built
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Description
Prime investment opportunity in one of Coquitlam’s fast-growing neighbourhoods! This 6,935 sq.ft RT-1 lot with laneway access in Coq West, just 8 minutes walk to Burquitlam SkyTrain, falls within TOA Tier 3 area under Bill 47, offering future redevelopment potential up to 3.0 FSR (~3x lot size) and 8 storeys. Priced ~100,000 lower than bc assessment. Buy and live in as-is, build a duplex, or rent/hold for future land assembly opportunities. Flexible living today. Smart investment for tomorrow. Close to SFU, Lougheed Town Centre, schools, parks and Hwy 1. Buyers to verify all development potential and zoning details with the City of Coquitlam
Taxes (2024): $4,917.41
Amenities
Shopping Nearby
Private Yard
Storage
In Unit
Workshop Detached
Shed(s)
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Microwave
Listed By: RE/MAX Heights 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.