498 HICKEY DRIVE, Coquitlam
$1,200,000
This 7,913.52 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.
Ohh the possibilities! Investor/Builder Alert! Exceptional opportunity in a highly desirable neighborhood close to shopping, recreation, transit, and excellent schools. This large 8000 sq. ft. corner lot offers tremendous redevelopment potential in Central Coquitlam. Current zoning permits the construction of a duplex with 2 secondary suites, creating the potential for multiple income-generating units. Close to Hickey court, Mundy Park, convenient location with easy access to everyday amenities, bus stop in front and transportation routes. A rare chance to secure a sizeable lot in a sought-after area and build your next project. Exterior picture are AI of the potential build, Buyers to verify all development potential and zoning requirements with the municipality.
How this price compares
This lot asks $152 per square foot of lot. That is 23% below the median of $197 across the 167 active lots VanPlex is showing in Coquitlam, and puts it 32 of 167 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
- $1,200,000
- Lot size
- 7,913.52 sqft
- Lot dimensions
- 120 x 66
- Frontage
- 120 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1962
- Zoning
- R-3
- MLS® area
- Central Coquitlam
- MLS® number
- R3138971
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only. Zoning R-3 stamped from the city record on 2026-07-25.