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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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529 Appian Way, Coquitlam
MLS®: R3136186
2742
Sq.Ft.
3
Baths
3
Beds
10,074
Lot SqFt
1963
Built
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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.
Taxes (2025): $10,417.86
Amenities
Shopping Nearby
Private Yard
Wet Bar
Outdoor Pool
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Microwave
Oven
Swimming Pool Equip.
Window Coverings
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