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663 MORRISON Avenue
Coquitlam West Coquitlam V3J 4H6

$4,000,000
Land Commercial

Main Photo: 663 MORRISON Avenue in Coquitlam: Coquitlam West Land Commercial for sale : MLS®# C8055248
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8055248
A unique development opportunity in the heart of Coquitlam West. 7,590 sqft lot size with approx. 1,866 sqft house. It is ideally situated on Morrison Avenue, just one block away from Clarke Road. The property falls within Southwest Coquitlam Area Plan for Medium Density Apartment Residential. Zoned for RT-1, with the exciting potential for rezoning to RM-3, allowing for an impressive 2.4 FSR. Neighbor properties may be open to selling in 3 lots assembly, total area is 22,432 sqft, creating an exceptional and rare opportunity for developers seeking to redevelop a 6-8 storeys residential apartment complex.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Lot Area:
7,590 sq. ft.
Acres Freehold:
7,405.2 sq. ft.
Land Use/Zoning:
RT-1
Permitted Use:
Multifamily (5+)
Taxes:
$4,895.55 / 2022
Services Connected:
Electricity, Natural Gas
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 663 MORRISON Avenue in Coquitlam: Coquitlam West Land Commercial for sale : MLS®# C8055248
    Photo 1 of 1
Listed by RE/MAX City Realty
Data was last updated October 10, 2024 at 09:05 PM (UTC)
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