1121 Wallace Court, Coquitlam

MLS®: R2880340

$4,100,000

2487 Sq.Ft. 4 Baths 5 Beds 4,858 Lot SqFt 1983 Built

Description

Welcome to this exceptional property located in Tier 1 of the newly adopted Transit-Oriented Development (TOD) zone, offering unparalleled potential for development. Situated mere steps away from shops and transit options, this property encompasses convenience and connectivity at its finest. This newly designated zone permits the construction of a remarkable 20+ story building with a Floor Space Ratio (FSR) of 5:1, presenting a rare and lucrative opportunity for ambitious developers and investors. Imagine the possibilities of creating a iconic high-rise structure in this sought-after location, capitalizing on the expansive FSR and height allowances. Embrace breathtaking mountain views from this vantage point, adding a touch of natural beauty and serenity to the urban landscape.

Taxes (2022): $3,988.24