William Wright Commercial is proud to present the opportunity to acquire prime development land within the Burquitlam-Lougheed Neighbourhood Plan, designated for medium-density residential apartments with a density of up to 2.5 FSR Currently zoned R-3, permitting fourplex development, the property offers flexibility to pursue a fourplex project or hold for a potential future land assembly. With six-storey developments nearby and an asking price substantially below its BC Assessment value, this offering presents an attractive opportunity for builders, developers, and investors. Buyers should independently verify all zoning, density, development potential, and approval requirements with the City of Coquitlam.
Address
621 Arrow Lane
List Price
$1,588,000
Property Type
Land
Structure Type
Land Only
Transaction Type
Sale
Area
Coquitlam
Sub-Area
Coquitlam West
Lot Size
10291 Sq. Ft.
Lot Size Dimensions
159.88 x
Lot Size (Acres)
0.24 Ac.
Lot Size Units
Square Feet
Frontage Length
159.88
MLS® Number
R3175042
Listing Brokerage
William Wright Commercial Real Estate Services
Postal Code
V3K 7C6
Zoning
R-3
Ownership
Freehold NonStrata
Tax Amount
$9,356.39
Tax Year
2025
Board Or Association
Greater Vancouver
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