640 CLARKE ROAD, Coquitlam | $2,600,000

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.

Gallery4

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.

General Info

MLS Listing ID: R2845031 Bedrooms: 2 Bathrooms: 1 Year Built: 1956
Parking: N/A Heating: Forced air Lotsize: 8778 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Crawl space (Unknown)

Amenities/Features

  • Central location
  • Private setting

MAP View

Street View

Get More Info


Mortgage Calculator


Calculate
Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .