1987 CAPE HORN AVENUE, Coquitlam
$1,448,000
This 7,560 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.
THIS PROPERTY HAS A BACKLANE ACCESS, PERFECT FOR YOUR NEXT MULTI-FAMILY BUILD. This Almost 2,700 Sq Ft 5 Bedroom 3 FULL Bathroom Home is the BEST BUY IN COQUITLAM. 2 Bedroom Rental Suite Below. Currently tenanted for $4,550/Month + 100% Utilities. $2,800/Month Upstairs + 70% Utilities & $1,750 Monthly Downstairs + 30% Utilities. Size the opportunity to expand your real estate portfolio, allowing for potential multipleplex. Prime location near all school levels. Starting June 30, 2024, Provincial legislation permits more 3-4 units. Buyers must confirm details with the city. BC's SSMUH regulations may also enable further development, given proximity to transit. Super convenient location. Lots of schools, parks & amenities. This house has amazing potential & killer views overlooking the River
How this price compares
This lot asks $192 per square foot of lot. That is 3% below the median of $198 across the 178 active lots VanPlex is showing in Coquitlam, and puts it 80 of 178 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
- $1,448,000
- Lot size
- 7,560 sqft
- Lot dimensions
- 62 x
- Frontage
- 62 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1974
- Zoning
- R-1
- MLS® area
- Cape Horn
- MLS® number
- R3142455
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Listing data via MLS®. Displayed for information only. Zoning R-1 stamped from the city record on 2026-07-25.