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971 ROCHESTER AVENUE, Coquitlam

$1,498,000

This 8,050 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.

Exceptional 8,050 SF corner lot (66 x 122) in sought-after Central Coquitlam with beautiful Fraser River views and outstanding redevelopment potential. This prime property offers excellent corner exposure and is an ideal setting for a future boutique multi-unit project with strong street presence, natural light, and functional layouts, with potential for approximately four 1,500 SF units. Currently improved with a 5-bedroom, 3-bathroom home, it offers the flexibility to live-in or continue renting out while planning your next development. Located in a family-friendly neighbourhood close to parks, top schools, Austin Heights shopping, Lougheed SkyTrain, and major commuter routes, this is a rare opportunity in one of Coquitlam’s most desirable pockets.

How this price compares

This lot asks $186 per square foot of lot. That is 6% below the median of $199 across the 177 active lots VanPlex is showing in Coquitlam, and puts it 77 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
$1,498,000
Lot size
8,050 sqft
Lot dimensions
66 x 122
Frontage
66 ft
Bedrooms
4
Bathrooms
3
Year built
1944
Zoning
R-1
MLS® area
Central Coquitlam
MLS® number
R3109463

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Listing data via MLS®. Displayed for information only. Zoning R-1 stamped from the city record on 2026-07-25.