Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Port Coquitlam

1951 1953 Dorset Avenue

Port Coquitlam, BC V3B2A5

$1,449,000

48 days on market

Bedrooms
4
Bathrooms
2
Floor area
1,600 sq ft
Type
House
Year built
1958
Parking
4
Taxes
$6,295.51 (2020)
MLS®
R3156467

About this home

EXCEPTIONAL INVESTMENT AND DEVELOPMENT OPPORTUNITY IN GLENWOOD! Existing legal duplex situated on a generous corner lot of nearly 7,000 sq.ft. 3rd Reading has been granted for rezoning to facilitate subdivision into TWO RS4 LOTS, with Tentative Approval also received for the proposed 2 lot subdivision. Proposed Lot A is approximately 3,597 sq.ft. and Lot B approximately 3,262 sq.ft. The existing duplex offers approximately 1,600 sq.ft. with 4 bedrooms and 2 bathrooms, providing holding and income potential while the development process proceeds. Strong land value and significant future redevelopment potential for builders, developers and investors. Excellent Glenwood location close to schools, shopping, parks, transit and major routes.

  • All

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$6,416
Strata fee$0
Property taxannual ÷ 12$525
Est. monthly total$6,940
Down payment + BC property transfer taxbefore any first-time buyer exemption$316,780

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Listing courtesy of LPT Realty ULC. View on REALTOR.ca

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