4 bed
2 bath
2,171 sqft
Single Family Residence
Built in 1959
8,618 sqft lot
2 parking
2 fireplaces
Freehold NonStrata
RT-1 zone
Public remarks
INVESTORS & BUILDERS ALERT! Prime development opportunity in the highly sought-after West Coquitlam neighbourhood. Potential for triplex, fourplex, or low-rise condo development. Located on a quiet, family-friendly street with lane access. Development Permit (DP) application in progress — approval expected in approximately 2 months. Located 650m from Burquitlam SkyTrain Station, within the Transit-Oriented Area (TOA), allowing for up to 3.0 FAR and 8-storey building potential. Build a fourplex on a single lot or assemble with neighbouring properties for greater density. Buyer and/or Buyer's Agent to verify development potential with the City of Coquitlam. No For Sale Signs as per seller's request. Please DO NOT DISTURB the tenants. Thank You!
Private remarks
All measurements are approx. and should be verified by the Buyer/Buyer’s Agent if deemed important. PLEASE DO NOT DISTURB THE TENANTS! Viewing available upon accepted offer. Transit-Oriented Area (TOA) designation permits up to 3.0 FAR / 8-storey building. Potential to develop a fourplex on a single lot or assemble with neighboring properties for a low-rise condo development. Buyers/ Buyers Agents are advised to verify all development potential and zoning details with the City of Coquitlam.
Buyer agency compensation
3.255 on 1st 100k + 1.1625% on balance
$2,098,000 ($966/sqft)
Active
Listed
06/16/2025
Expiry date
Original price
Gross taxes (2024)
$6,296.79
Property transfer tax
$40,940.00
Last Updated: 06/16/2025 11:54 AM
Courtesy of Royal Regal Realty Ltd.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 686 Florence Street | R3015871 | 06/16/2025 11:54 AM | 06/16/2025 | Active | $2,098,000 | Login to view | Rex Chan PREC* | Royal Regal Realty Ltd. |
| 686 Florence Street | R2775504 | 10/16/2023 09:32 AM | 05/08/2023 | Terminated | $2,280,000 | Login to view | Pacific Evergreen Realty Ltd. |