Welcome to this exceptional property located in Tier 1 of the newly adopted Transit-Oriented Development (TOD) zone, offering unparalleled potential for development. Situated mere steps away from shops and transit options, this property encompasses convenience and connectivity at its finest. This newly designated zone permits the construction of a remarkable 20+ story building with a Floor Space Ratio (FSR) of 5:1, presenting a rare and lucrative opportunity for ambitious developers and investors. Imagine the possibilities of creating a iconic high-rise structure in this sought-after location, capitalizing on the expansive FSR and height allowances. Embrace breathtaking mountain views from this vantage point, adding a touch of natural beauty and serenity to the urban landscape.
Address
1121 Wallace Court
List Price
$4,100,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Basement Entry
Structure Type
Residential Detached
Area
Coquitlam
Sub-Area
Ranch Park
Bedrooms
5
Bathrooms
4
Half Bathrooms
1
Floor Area
2,487 Sq. Ft.
Main Floor Area
1252
Lot Size
4858 Sq. Ft.
Lot Size Dimensions
27 x
Lot Size (Acres)
0.11 Ac.
Lot Features
Central Location, Cul-De-Sac, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2487
Frontage Length
27
Year Built
1983
MLS® Number
R2880340
Listing Brokerage
eXp Realty
Basement Area
Finished, Exterior Entry
Postal Code
V3C 4X4
Zoning
RS-4
Ownership
Freehold NonStrata
Parking
Garage Single, Open, Front Access, Paver Block
Parking Places (Total)
4
Tax Amount
$3,988.24
Tax Year
2022
Site Influences
Balcony, Central Location, Cul-De-Sac, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Air Conditioning
Fireplace
Yes
Fireplace Features
Gas, Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
1
Entry Location
Exterior Entry
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings