A GEM opportunity for Developers & investors in the heart of Coquitlam West. This 8,778 SF property Zoned for RT-1 & falls within Area Plan for Medium Density Apartment Residential. With the thrilling rezoning potential to RM-3, allowing for a remarkable 2.4 FSR. Neighbor properties possibly open to selling in 5 lots assembly, total area is approximately 43,526 sqft, creating fantastic choice for developers seeking to redevelop a 6-8 story residential apartment complex. Even as an individual investor, holding this unique lot in the middle of five others (at the heart f potential land assembly) promising substantial profits in the evolving real estate market. New developments are being built and are proposed all around this property. Call today for an information package.
Address
640 CLARKE ROAD
List Price
$2,600,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Area
Coquitlam
Sub-Area
Coquitlam West
Bedrooms
2
Bathrooms
1
Floor Area
1,381 Sq. Ft.
Lot Size
8778 Sq. Ft.
Year Built
1956
MLS® Number
R2845031
Listing Brokerage
Property Pistol Realty
Basement Area
Crawl
Postal Code
V3J 3X6
Zoning
RT-1
Tax Amount
$7,445.00
Tax Year
2022
Site Influences
Central Location, Lane Access, Private Setting, Private Yard, Recreation Nearby
Features
ClthWsh/Dryr/Frdg/Stve/DW
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