704 Smith Avenue, Coquitlam
Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly for TH and redevelopment momentum, inc Townhouse-designated sites and approved/proposed six-storey rental and condo projects next door - along the Smith corridor. Strong potential for holding income, future assembly, and long-term upside in a neighbourhood transitioning toward higher density. LEGISLATIVE BILL-47 puts this property within the transit-oriented area that allows up to 8 storey mid-rise development at 3.0 FAR. The recent SHAPE PROPERTIES proposal to redevelop Burquitlam Plaza is a game changer for the neighbourhood. This is Mainly land value but bonus, the Current house has proven Rental income and lovingly cared for by the current owners. (id:1945)
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Property details for 704 Smith Avenue, Coquitlam
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,924 square feet
- Lot Size
- 7560
- Basement
- Finished, Full, Unknown
- Parking
- Garage, Other
- Heating
- Forced air, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $5,248 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 704 Smith Avenue
Active Listings
7
Min Price
$1,395,000
Max Price
$2,200,000
Avg Price
$1,724,429
Days on Market
82
days
Sold Listings
2
Min Sold Price
$1,479,000
Max Sold Price
$1,635,000
Avg Sold Price
$1,557,000
Days until Sold
29
days
Neighbourhood Census Data
Coquitlam, British Columbia / Colombie-Britannique
Population
665
Median Age
34
Median Income
$32,064
Dwelling Value
$800,804
Housing Tenure
Owners 83%
Renters 19%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.7
Pop. Density: 3,731.8/km²
Avg Shelter Cost: $1,342/mo
Owners with Mortgage: 53.8%
Owners Spending 30%+: 30.8%
Tenants Spending 30%+: 44.4%
English only: 88.7%
English and French: 3.8%
Neither: 7.5%
Median Household Income: $76,800
Median Employment Income: $36,096
Price History
Listed
May 1, 2026
by Oakwyn Realty Encore
Current Price
$2,090,000
Type
Residential
For Sale