640 Clarke Drive

General property description

Only a 4-minute walk (400 m) to the Burquitlam Skytrain Station. A rare development opportunity in the heart of Coquitlam West. This 8,778 SF RT-1–zoned property sits within a Medium Density Apartment Residential area and carries exciting rezoning potential to RM-3, currently allowing up to 2.4 FSR with potential to 7 FSR. This property is in a walkable area with the Burquitlam Skytrain Station, buses, schools, SFU, parks and shopping and lifestyle businesses. Double road access, perfect for a carriage house and multiplex on the front. Don't hesitate to get in touch with us for any more information.

Mortgage estimate

Tax from listing

Est. monthly total

$10,021

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$9,251

Property tax

$620

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $400,000 down (20%) on $1,999,999, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.