Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly 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.
Address
704 Smith Avenue
List Price
$2,090,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow w/Bsmt.
Structure Type
Residential Detached
Transaction Type
Sale
Area
Coquitlam
Sub-Area
Coquitlam West
Bedrooms
4
Bathrooms
2
Floor Area
1,924 Sq. Ft.
Main Floor Area
962
Lot Size
7560 Sq. Ft.
Lot Size Dimensions
63 x 120
Lot Size (Acres)
0.17 Ac.
Lot Features
Central Location, Lane Access, Recreation Nearby, Wooded
Lot Size Units
Square Feet
Total Building Area
1924
Frontage Length
63
Year Built
1952
MLS® Number
R3118140
Listing Brokerage
Oakwyn Realty Encore
Basement Area
Full, Finished
Postal Code
V3J 2W7
Zoning
SFD
Ownership
Freehold NonStrata
Parking
Additional Parking, Garage Single, Other, Lane Access, Side Access
Parking Places (Total)
3
Tax Amount
$5,247.59
Tax Year
2025
Site Influences
Central Location, Lane Access, Private Yard, Recreation Nearby, Shopping Nearby, Wooded
Community Features
Shopping Nearby
Exterior Features
Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Insert, Gas
Number of Fireplaces
1
Garage
Yes
Garage Spaces
1
Laundry Features
In Unit
Number Of Floors In Property
2
Window Features
Window Coverings