735 LEA AVENUE - 3 Beds 1 Bath - $1,499,000

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$1,499,000
735 LEA AVENUE
Coquitlam, British Columbia V3J4H4
MLS® Number: R3105006
3Beds
1Baths
1,069Sq Ft
4Parking
1952Year Built
Single FamilyType

About This Property

Prime investment opportunity in one of Coquitlam´s fast-growing neighbourhoods! This 6,935 sq.ft. RT-1 lot with laneway access in Coquitlam West, just 8 minute 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. Buy and live in as-is, build a duplex, or 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. (id:64973)

Rose's Thoughts
Rose Marie Manno

The $1,499,000 price tag for this 1,069-square-foot home in Coquitlam translates to a reasonable $1,404 per square foot, positioning it competitively within the local market. Given the property's redevelopment potential under the city's TOA Tier 3 zoning, this listing presents an attractive opportunity for real estate investors seeking future land assembly prospects in a rapidly growing neighborhood.

Property Details

Bedrooms3
Bathrooms1
Living Area1,069 sq ft
Lot Size6935 (6,935 square feet)
Year Built1952
Property TypeSingle Family
Parking4
HeatingForced air, Natural gas, Combination
AppliancesAll
Annual Taxes$4,917
CityCoquitlam
Postal CodeV3J4H4
MLS® #R3105006

Location

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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.

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