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$1,590,000

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…

Property Details

MLS NumberR3150127

Property TypeSingle Family Residence

Bedrooms2

Bathrooms2

Square Feet1,896

Lot Size7,651 sqft

Year Built1956

Parking Spaces2

Days on Market115

StatusActive

Listed ByRE/MAX Crest Realty

School Catchment

Elementary Mountain View 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 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 dimensions62 × 126 ft

Lot shapeRectangular

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.