Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly for TH 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.
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Zillow last checked:
Listing updated:
Listed by:
Jason Yoo,
Oakwyn Realty Encore Brokerage
Source: Greater Vancouver REALTORS®,MLS®#: R3118140Originating MLS®#: Greater Vancouver
Parking features: Additional Parking, Garage, Other, Lane Access, Side Access
Garage spaces: 1
Features
Stories: 2
Exterior features: Private Yard
Frontage length: 63
Lot
Size: 7,405 Square Feet
Dimensions: 63 x 120
Features: Central Location, Lane Access, Recreation Nearby, Wooded
Construction
Type & style
Home type: SingleFamily
Architectural style: Rancher/Bungalow w/Bsmt.
Property subtype: Single Family Residence
Condition
Year built: 1952
Community & HOA
Community
Features: Near Shopping
HOA
Has HOA: No
Location
Region: Coquitlam
Financial & listing details
Price per square foot: C$1,086/sqft
Annual tax amount: C$5,247
Date on market: 5/1/2026
Ownership: Freehold NonStrata
Jason Yoo
Jason Yoo
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