735 LEA AVENUE, Coquitlam
$1,399,000
This 6,935 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 investment opportunity in one of Coquitlam’s fast-growing neighbourhoods! This 6,935 sq.ft RT-1 lot with laneway access in Coq West, just 8 minutes walk to Burquitlam SkyTrain, falls within TOA Tier 3 area under Bill 47, offering future redevelopment potential up to 3.0 FSR (~3x lot size) and 8 storeys. Priced ~100,000 lower than bc assessment. Buy and live in as-is, build a duplex, or rent/hold for future land assembly opportunities. Flexible living today. Smart investment for tomorrow. Close to SFU, Lougheed Town Centre, schools, parks and Hwy 1. Buyers to verify all development potential and zoning details with the City of Coquitlam
How this price compares
This lot asks $202 per square foot of lot. That is 2% above the median of $197 across the 167 active lots VanPlex is showing in Coquitlam, and puts it 98 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
- $1,399,000
- Lot size
- 6,935 sqft
- Lot dimensions
- 66 x
- Frontage
- 66 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1952
- Zoning
- RT-1
- MLS® area
- Coquitlam West
- MLS® number
- R3137499
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Listing data via MLS®. Displayed for information only. Zoning RT-1 stamped from the city record on 2026-07-25.