INVESTOR & DEVELOPER ALERT. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's OCP and Burquitlam Lougheed Neighbourhood Plan — steps from two Millennium Line SkyTrain stations. Potential FSR of up to 2.5, translating to approx. 25,000 buildable sq ft.…
INVESTOR & DEVELOPER ALERT. Corner-lot development land in Burquitlam's most active rezoning corridor. 10,067 sq ft lot designated Medium Density Apartment Residential under Coquitlam's OCP and Burquitlam Lougheed Neighbourhood Plan — steps from two Millennium Line SkyTrain stations. Potential FSR of up to 2.5, translating to approx. 25,000 buildable sq ft. Hold & rent the existing 2,600+ sq ft rancher at approx. $6,000/month, assemble with neighbouring lots for an 8–12% land premium, or rezone and develop your own RM-3 project with projected 35–45% ROI over 5 years. Land up 100%+ since 2015. Walk Score 89 | Transit Score 85.
Features
Wet Bar
Private Yard
Carport Single
Front Access
Side Access
Shopping Nearby
Room measurements12 rooms▸
FoyerMain · 7'8 × 8'4
Living RoomMain · 16'11 × 23'4
Wine RoomMain · 6'1 × 7'1
Dining RoomMain · 10'7 × 12'9
KitchenMain · 14'10 × 20'3
Family RoomMain · 11'0 × 11'8
Games RoomMain · 16'8 × 22'3
BedroomMain · 9'9 × 12'6
BedroomMain · 12'6 × 20'7
Primary BedroomMain · 12'4 × 16'1
Walk-In ClosetMain · 3'9 × 6'5
Living RoomMain · 15'3 × 16'8
Floor plan
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Property Details
MLS NumberR3136186
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2.5
Square Feet2,742
Lot Size10,074 sqft
Year Built1963
Parking Spaces1
HeatingForced Air, Natural Gas, Other
Days on Market70
StatusActive
Listed ByRE/MAX Crest Realty
School Catchment
ElementaryRoy Stibbs Elementary
MiddleÉcole Banting Middle
SecondaryPort 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 size10,067 sqft
Lot dimensions73 × 139 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~30,105 sqft
Nearest stationLougheed Town Centre Station719 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$13,517
Mortgage payment$12,378
Property tax$868
Home insurance$270
Partner Rates Available
Contact us for preferred mortgage rates
Monthly cost
Estimated monthly$13,517
$2,289,888$3,109,888
20%50%
2.85%6.85%
5 years30 years
$8,318/yr$12,518/yr
$215/mo$325/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Aug 20
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