529 Appian Way
Investor & developer alert. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's Ocp and Burquitlam Lougheed Neighbourhood Plan — steps from two Millennium Line SkyTrain stations. Potential Fsr of up to 2.5, translating to approx. 25,000 buildable sq ft. Hold & rent the existing 2,600+ sq ft rancher at approx. $6,000/month, assemble with neighbouring lots for an 8–12% land premium, or rezone and develop your own RM-3 project with projected 35–45% Roi over 5 years. Land up 100%+ since 2015. Walk Score 89 | Transit Score 85.
Investor & developer alert. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's Ocp and Burquitlam Lougheed Neighbourhood Plan — steps from two Millennium Line SkyTrain stations. Potential Fsr of up to 2.5, translating to approx. 25,000 buildable sq ft. Hold & rent the existing 2,600+ sq ft rancher at approx. $6,000/month, assemble with neighbouring lots for an 8–12% land premium, or rezone and develop your own RM-3 project with projected 35–45% Roi over 5 years. Land up 100%+ since 2015. Walk Score 89 | Transit Score 85.
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The estimates above are provided as guidance only and do not constitute financial advice. Actual costs may vary based on your financial situation, lender terms, and current rates. Consult a mortgage professional for accurate calculations.
