1114 HACHEY AVENUE, Coquitlam
$1,500,000
This 9,234 sqft property in Coquitlam is a detached single-family home on a lot the new rules make suitable for a multiplex. Coquitlam applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The Evergreen Line has widened the number of lots that qualify for the higher counts.
Prime Maillardville redevelopment opportunity. Flat lot with 66 ft frontage in a rapidly evolving neighbourhood. Previously improved with a duplex, offering strong precedent for increased density and excellent potential for small-scale multi-unit housing under current zoning and provincial housing initiatives. Property requires demolition and is priced accordingly, presenting a compelling opportunity for builders and investors. Close to transit, schools, and major commuter routes. Sold as-is, where-is. Buyer to verify development potential with the City of Coquitlam. No access permitted. Do not walk the property.
How this price compares
This lot asks $162 per square foot of lot. That is 18% below the median of $199 across the 177 active lots VanPlex is showing in Coquitlam, and puts it 43 of 177 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,500,000
- Lot size
- 9,234 sqft
- Lot dimensions
- 66 x
- Frontage
- 66 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1968
- MLS® area
- Maillardville
- MLS® number
- R3101798
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Listing data via MLS®. Displayed for information only.