498 HICKEY DRIVE, Coquitlam
$1,200,000
This 7,913.52 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.
BELOW ASSED VALUE! Investor/Builder Alert! Exceptional opportunity in a highly desirable neighbourhood close to shopping, recreation, transit, and excellent schools. This large 7,900+ sq. ft. corner lot offers tremendous redevelopment potential. Property is being sold for land value only. Current zoning permits the construction of a duplex with 2 secondary suites, creating the potential for multiple income-generating units. Close to Hickey court, Mundy Park, convenient location with easy access to everyday amenities, bus stop in front and transportation routes. A rare chance to secure a sizeable lot in a sought-after area and build your next project. Buyers to verify all development potential and zoning requirements with the municipality.
How this price compares
This lot asks $152 per square foot of lot. That is 24% below the median of $198 across the 178 active lots VanPlex is showing in Coquitlam, and puts it 33 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
- $1,200,000
- Lot size
- 7,913.52 sqft
- Lot dimensions
- 120 x 66
- Frontage
- 120 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1962
- Zoning
- R-3
- MLS® area
- Central Coquitlam
- MLS® number
- R3138971
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Listing data via MLS®. Displayed for information only. Zoning R-3 stamped from the city record on 2026-07-25.