Prime Burquitlam Development Opportunity: Two Duplexes on One Lot at 620 & 620A Smith Ave

Unlock Unprecedented Land Assembly & Holding Value in Coquitlam’s Fastest-Growing Transit Hub

Price: $3,000,000 CAD

Address: 620 & 620A Smith Avenue, Coquitlam, BC

The Vision & Opportunity

Rarely does an investment combination offer immediate cash flow alongside massive long-term redevelopment upside. Welcome to 620 & 620A Smith Avenue—a premier multi-family offering situated right in the heart of Burquitlam, one of Metro Vancouver’s most dynamic and high-density growth corridors.

Comprising two duplexes and four self-contained suites, this property presents an incredible turn-key holding scenario for savvy investors, developers, and land aggregators. Offered primarily for land value, the lot features immediate rental income from existing tenants while you finalize your development vision or land assembly plans.

Property Highlights & Specifications

• Generous Accommodation: 8 full bedrooms and 4 bathrooms total across 4 distinct tenant-occupied rental suites.

• Spacious Living Area: Approximately 3,524 sq. ft. of comfortable interior layout equipped with 2 laundry facilities.

• Expansive Lot Footprint: Prime 7,980 sq. ft. lot (60 ft x 133 ft frontage/depth) providing a solid foundation for future transit-oriented development.

• Outdoor Amenities: Upper balconies and sunny ground-level wooden decks and patios for tenant enjoyment.

• Parking & Accessibility: Extensive open driveway parking with ample room for multiple vehicles and RV access/parking.

• Surrounding Views: Vibrant urban neighborhood views framed by the iconic North Shore mountain backdrop.

Location & Transit-Oriented Density (Bill 47)

Location is everything. Positioned approximately 400 metres from Burquitlam SkyTrain Station, this property falls squarely within British Columbia’s Transit-Oriented Area (TOA / Bill 47) framework. Under provincial guidelines and subject to City of Coquitlam rezoning approval, properties within this tier offer potential high-density tower development parameters (e.g., up to 12+ storeys and 4.0 FSR).

• Transit Access: 5-minute walk to Burquitlam Station (Evergreen Extension), connecting you seamlessly to Lougheed Town Centre, SFU, and Downtown Vancouver.

• Recreation & Shopping: Steps away from the state-of-the-art Bettie Allard YMCA, Safeway, local eateries, parks, and retail centers.

• Top School Catchment (SD43):

  • Elementary: Miller Park Elementary / École Roy Stibbs

  • Middle School: École Banting Middle School

  • Secondary: Port Moody Secondary / Centennial Secondary

Take Action

Whether you are seeking a high-yield holding asset with robust tenant income or looking to initiate a landmark land assembly in Coquitlam’s transit core, 620 & 620A Smith Avenue represents an irreplaceable real estate holding.

Note: Property is being offered primarily for land value. Measurements are approximate. Buyers and buyers’ agents must independently verify measurements, zoning, development potential, density, permitted height, and all information with the City of Coquitlam.

Contact us today to request the detailed information package or schedule a private viewing!

Key Property Highlights

• Listing Price: $3,000,000 CAD

• Property Details: Multi-Family / 2 Duplexes featuring 4 self-contained suites

• Bedrooms: 8 Total Bedrooms

• Bathrooms: 4 Full Bathrooms

• Interior Size: 3,524 sq. ft.

• Lot Size: 7,980 sq. ft. (60 ft x 133 ft)

• Year Built: 1976

• Parking: Generous open parking with RV access and multi-vehicle capacity

• Outdoor Space & View: Private balconies/patios for suites, private yard space, and vibrant Burquitlam neighborhood backdrop with mountain proximity

• School Catchment: Mountain View Elementary (K–5), Como Lake Middle (6–8), Port Moody Secondary (9–12, IB Program)

• Investment & Zoning Potential: Prime Transit-Oriented Area (TOA) location under BC Bill 47 (within 400m of Burquitlam SkyTrain Station). High-density tower development potential (up to 12+ storeys / minimum 4.0 FSR). Fully tenanted providing steady holding income.

Don’t let this rare land value opportunity pass you by. Contact our team today to review financial metrics, site details, or schedule a private site walk.

Call to Action: 👉 Schedule Your Private Strategic Consultation Today! Contact Lotus Yuen at RE/MAX Crest Realty.