Vacant Land

529 APPIAN WAY

Coquitlam, BC

MLS® C8079655 · 85 days on market

$2,699,888

2.3 acres

10,074 sqft

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Description

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. (id:63159)

Property Details

Property & Lot

Year built
1963
Lot size
2.3 acres

Building & Utilities

Utilities
Water, Sewer, Natural Gas, Electricity
Annual property tax
$10,417.86 (2025)
Brokerage
RE/MAX Crest Realty

Location Insights

Population

148,625

(2021 Census)

+6.7% since 2016

Density
1,216.7/km²
Dwellings
58,683
Median household income
$92,000
After-tax
$82,000
Immigrant population
45.8%

Top countries of origin

  • China8.6% · 12,725
  • Korea, South5.7% · 8,485
  • Iran5.1% · 7,585
  • Hong Kong3.4% · 4,985
  • Philippines2.8% · 4,100
  • Taiwan1.8% · 2,685
  • United Kingdom1.5% · 2,300
  • India1.4% · 2,030

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Pitt Meadows

22°C

Humidity 54%

Wind W 5 km/h

Today

20°

Tonight

14°

Thursday

20°

Thursday night

13°

Friday

18°

Friday night

14°

Source: Environment and Climate Change Canada.

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