723 IVY AVENUE, Coquitlam
$2,500,000
This 8,910 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.
Prime site at 705–723 Ivy Ave, 5 lots totaling 44,500 sq ft with potential to expand. Well-suited for a townhouse project under CD zoning in a neighbourhood with a variety of housing forms. An exceptional East Burquitlam development opportunity.
How this price compares
This lot asks $281 per square foot of lot. That is 42% above the median of $197 across the 167 active lots VanPlex is showing in Coquitlam, and puts it 151 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
- $2,500,000
- Lot size
- 8,910 sqft
- Lot dimensions
- 0 x 0
- Frontage
- 0 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1956
- Zoning
- R-3
- MLS® area
- Coquitlam West
- MLS® number
- R3063838
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Listing data via MLS®. Displayed for information only. Zoning R-3 stamped from the city record on 2026-07-25.