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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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629 Smith Avenue, Coquitlam
MLS®: R2767698
2528
Sq.Ft.
3
Baths
5
Beds
7,688
Lot SqFt
1955
Built
Virtual Tour
Description
Attention Developers! Great investment and development opportunity in a highly sought-after Burquitlam! This is a land assembly, sold together with 627 Smith Ave, R2783172. Centrally located in a unique and established neighborhood, within a walking distance of Burquitlam Station, YMCA, shopping and all levels of schools. The land is designated RM-3 in Coquitlam City's Official Community Plan, this zone allows for apartment developments up to 6 storey wood frame or 8 storey concrete at a medium density. The City of Coquitlam Burquitlam-Lougheed Neighborhood Plan expects “significant new growth along the SkyTrain corridor”. Don’t miss this opportunity!
Taxes (2022): $4,386.08
Amenities
Garden
In Suite Laundry
Features
ClthWsh
Dryr
Frdg
Stve
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