1120 FOSTER AVENUE, Coquitlam

$1,699,000

This 11,741 sqft property in Coquitlam is a detached single-family home on a lot the new rules make suitable for a multiplex. Coquitlam applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The Evergreen Line has widened the number of lots that qualify for the higher counts.

Attention builders, developers and investors! 1120 Foster presents an exceptional opportunity on a generous 11,700 sq ft lot with 70 ft of frontage and convenient lane access. This sizeable, regular-shaped parcel offers outstanding flexibility, whether you are looking for a solid holding property with long-term upside or a future multifamily development site. Lane access provides added versatility for site planning, parking and construction. Situated in a well-connected neighbourhood close to transit, schools, shopping, parks and everyday amenities, this property is positioned to benefit from continued growth in the area. Opportunities of this size are increasingly rare. Buyer to verify development potential with the municipality. Call today for more information!

How this price compares

This lot asks $145 per square foot of lot. That is 22% below the median of $186 across the 151 active lots VanPlex is showing in Coquitlam, and puts it 33 of 151 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,699,000
Lot size
11,741 sqft
Lot dimensions
70.18 x 167
Frontage
70.18 ft
Bedrooms
5
Bathrooms
3
Year built
1951
Zoning
R-1
MLS® area
Central Coquitlam
MLS® number
R3180710

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Listing data via MLS®. Displayed for information only. Zoning R-1 stamped from the city record on 2026-11-03.