About 704 Smith Avenue
Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly for TH and redevelopment momentum, inc Townhouse-designated sites and approved/proposed six-storey rental and condo projects next door - along the Smith corridor. Strong potential for holding income, future assembly, and long-term upside in a neighbourhood transitioning toward higher density. LEGISLATIVE BILL-47 puts this property within the transit-oriented area that allows up to 8 storey mid-rise development at 3.0 FAR. The recent SHAPE PROPERTIES proposal to redevelop Burquitlam Plaza is a game changer for the neighbourhood. This is Mainly land value but bonus, the Current house has proven Rental income and lovingly cared for by the current owners.
Features of 704 Smith Avenue
| MLS® # | R3118140 |
|---|---|
| Price | $2,090,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,924 |
| Acres | 0.17 |
| Year Built | 1952 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Rancher/Bungalow w/Bsmt. |
| Status | Active |
| Title To Land | Freehold NonStrata |
Community Information
| Address | 704 Smith Avenue |
|---|---|
| Area | Coquitlam |
| Subdivision | Coquitlam West |
| City | Coquitlam |
| Province | BC |
| Postal Code | V3J 2W7 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Additional Parking, Garage Single, Other, Lane Access, Side Access |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer/Dryer, Dishwasher, Refrigerator, Stove |
|---|---|
| Heating | Forced Air, Natural Gas |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Insert, Gas |
| # of Stories | 2 |
| Heating | Forced Air, Natural Gas |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Central Location, Lane Access, Recreation Nearby, Wooded |
| Windows | Window Coverings |
| Construction | Frame Wood, Other, Stucco, Wood Siding |
Additional Information
| Days on Website | 131 |
|---|---|
| Site influences | Central Location, Lane Access, Recreation Nearby, Wooded |
| Taxes | $5,247.59 |
| Area | 7,560.00 Sq. Ft. |
| Frontage | 63.00 |
| Depth | 63 x 120 |
Listing Details
| Office | Oakwyn Realty Encore |
|---|