About This Property
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. (id:64973)
The $965 per square foot price point is slightly above the Coquitlam average, but the large lot size and redevelopment potential offset the higher cost. This property is best suited for builders or investors seeking to capitalize on the strong housing demand in Coquitlam by constructing a multi-unit development on the sizable 12,000+ square foot lot.
Property Details
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