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.
Address
1121 WALLACE COURT
List Price
$4,100,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Area
Coquitlam
Sub-Area
Ranch Park
Bedrooms
5
Bathrooms
4
Floor Area
2,487 Sq. Ft.
Lot Size
4858 Sq. Ft.
Year Built
1983
MLS® Number
R2880340
Listing Brokerage
eXp Realty
Basement Area
Fully Finished, Separate Entry
Postal Code
V3C 4X4
Zoning
RS-4
Tax Amount
$3,988.24
Tax Year
2022
Site Influences
Central Location, Cul-de-Sac, Recreation Nearby, Shopping Nearby
Features
Air Conditioning, ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings
Heat Type
Forced Air