697 FAIRVIEW STREET, Coquitlam
$1,690,000
This 7,651 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 Investor/Developer Land Assembly Opportunity! This ideal holding property generates proven rental income and features a large backyard, lane access, and a detached 2-car garage. Perfectly located minutes from Burquitlam SkyTrain, Lougheed Town Centre, and SFU. Falling under the Provincial Bill-47 Transit-Oriented Area (TOA) Tier 3, it offers massive multi-family redevelopment potential—allowing for an apartment building up to 8 storeys and 3.0 FSR. Buyers must verify all zoning and development details with the City of Coquitlam.
How this price compares
This lot asks $221 per square foot of lot. That is 11% above the median of $199 across the 177 active lots VanPlex is showing in Coquitlam, and puts it 117 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
- $1,690,000
- Lot size
- 7,651 sqft
- Lot dimensions
- 62 x
- Frontage
- 62 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1956
- Zoning
- RT-1
- MLS® area
- Coquitlam West
- MLS® number
- R3150127
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Listing data via MLS®. Displayed for information only. Zoning RT-1 stamped from the city record on 2026-07-28.