Description

A GEM opportunity for Developers & investors in the heart of Coquitlam West. This 8,778 SF property Zoned for RT-1 & falls within Area Plan for Medium Density Apartment Residential. With the thrilling rezoning potential to RM-3, allowing for a remarkable 2.4 FSR. Neighbor properties possibly open to selling in 5 lots assembly, total area is approximately 43,526 sqft, creating fantastic choice for developers seeking to redevelop a 6-8 story residential apartment complex. Even as an individual investor, holding this unique lot in the middle of five others (at the heart f potential land assembly) promising substantial profits in the evolving real estate market. New developments are being built and are proposed all around this property. Call today for an information package.