Single-story residence featuring a stucco exterior with a contrasting foundation

$1,590,000

697 Fairview Street, Coquitlam, BC V3J 4B3

MLS® R3150127

Description

Prime Investor/Developer Land Assembly Opportunity! This ideal holding property generates proven rental income and features a large backyard, lane access, and a detached 2-car garage. Perfectly located minutes from Burquitlam SkyTrain, Lougheed Town Centre, and SFU. Falling under the Provincial Bill-47 Transit-Oriented Area (TOA) Tier 3, it offers massive multi-family redevelopment potential—allowing for an apartment building up to 8 storeys and 3.0 FSR. Buyers must verify all zoning and development details with the City of Coquitlam.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Architectural style

Rancher/Bungalow w/Bsmt., Split Entry

Year built

1,956

Age

70 years

Ownership

Freehold NonStrata

Levels

Split Entry

Entry

Split Entry

Interior

Bedrooms

2

Bathrooms

2

Full bathrooms

2

Half bathrooms

0

Living area

1,896 sq ft

Main floor finished area

948 sq ft

Basement

Full, Finished, Exterior Entry

Systems

Heating

Forced Air, Natural Gas

Lot and parking

Lot size

7,651 sq ft

Lot dimensions

62 x

Lot features

Near Golf Course, Lane Access, Recreation Nearby

Parking spaces

2

Parking

Garage Double, Lane Access, Side Access

Garage spaces

2

Carport spaces

No

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$5,855

Tax year

2,025

Land lease

No

Location

Area

Coquitlam

Neighbourhood

Coquitlam West

Waterfront

No

Community features

Shopping Nearby