$2,500,000

521 Brookmere Avenue, Coquitlam, BC V3J 1W8

MLS® R3158265

Description

ATTENTION DEVELOPERS & INVESTORS | PRIME REDEVELOPMENT SITE Rare chance to buy into an existing land assembly in Coquitlam West, within the Lougheed Town Centre Station TOD Tier 3 zone. This 7,448 sq.ft. lot offers an outstanding FSR of 3.0, supporting a mid-rise development up to 8 storeys. This 5-BR & 2-bath home offers solid holding income while you plan redevelopment. The property is priced below typical assembly values to provide an attractive entry point for investors and developers seeking to secure an ideally positioned, strategic site in a rapidly evolving, transit-oriented neighbourhood just minutes to SkyTrain, Lougheed Town Centre, shopping, and dining. Don’t miss this opportunity to acquire a strategic piece within a major transit-oriented redevelopment corridor.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,954

Age

72 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

5

Bathrooms

2

Full bathrooms

2

Half bathrooms

0

Living area

2,302 sq ft

Main floor finished area

1,188 sq ft

Basement

Finished

Fireplaces

1

Fireplace type

Wood Burning

Systems

Heating

Other

Lot and parking

Lot size

7,448 sq ft

Lot dimensions

0 x

Parking spaces

4

Parking

Carport Single, Garage Single, Open

Garage spaces

1

Carport spaces

1

Open parking

Yes

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$7,132

Tax year

2,025

Land lease

No

Location

Area

Coquitlam

Neighbourhood

Coquitlam West

Waterfront

No