$1,690,000

697 FAIRVIEW STREET

Coquitlam BC V3J 4B3 - Coquitlam West
2 bd
2 ba
1,896 sqft
Built 1956

About This Property

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…

Features

Garage Double
Lane Access
Side Access
Shopping Nearby
Room measurements7 rooms
BedroomMain · 10'5 × 11'0
BedroomMain · 11'6 × 13'0
Living RoomMain · 12'8 × 18'6
Dining RoomMain · 9'0 × 10'0
KitchenMain · 10'0 × 10'0
Family RoomBsmt · 10'6 × 25'0
Recreation RoomBsmt · 11'6 × 18'6

Property Details

MLS NumberR3150127
Property TypeSingle Family Residence
Bedrooms2
Bathrooms2
Square Feet1,896
Lot Size7,651 sqft
Year Built1956
Parking Spaces2
HeatingForced Air, Natural Gas
Days on Market32
StatusActive
Listed ByRE/MAX Crest Realty

School Catchment

Elementary Roy Stibbs Elementary
Middle École Banting Middle
Secondary Port Moody Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$730,000Median home value
$76,000Median household income
54.1%Owner-occupied
15.7%Single-detached homes
2.2Avg household size
35.6Median age
46.8%Bachelor's degree or higher (25-64)
51.2%Commute under 30 min
74.2%Drive to work
48.6%Foreign-born residents
8,835Neighbourhood population

Age

Under 15: 11.5%15 to 64: 74.8%65 and over: 13.7%
  • Under 1511.5%
  • 15 to 6474.8%
  • 65 and over13.7%

Household size

  • 1 person32%
  • 236.7%
  • 315.9%
  • 49.7%
  • 5 or more5.6%

Language spoken at home

38.5% English mother tongue

  • Korean13.4%
  • Mandarin10.5%
  • Cantonese5.9%
  • English + other5.1%
  • Farsi3.4%
  • Spanish2.2%
  • All others21%

Mother tongue, share of 8,820 residents.

How this pocket differs

  • Median dwelling value is lower than Metro Vancouver $730,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size7,650 sqft
Lot dimensions37 × 126 ft
Lot shapeIrregular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~22,875 sqft
Nearest stationBurquitlam Station661 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $8,406
Mortgage payment$7,748
Property tax$488
Home insurance$170
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 20

Book a Showing