About 1121 Wallace Court
Welcome to this exceptional property located in Tier 1 of the newly adopted Transit-Oriented Development (TOD) zone, offering unparalleled potential for development. Situated mere steps away from shops and transit options, this property encompasses convenience and connectivity at its finest. This newly designated zone permits the construction of a remarkable 20+ story building with a Floor Space Ratio (FSR) of 5:1, presenting a rare and lucrative opportunity for ambitious developers and investors. Imagine the possibilities of creating a iconic high-rise structure in this sought-after location, capitalizing on the expansive FSR and height allowances. Embrace breathtaking mountain views from this vantage point, adding a touch of natural beauty and serenity to the urban landscape.
Property Details of 1121 Wallace Court
| Price | $4,100,000 |
|---|---|
| Year Built | 1983 |
| Type | Residential Detached |
| Sub-Type | House/Single Family |
| Style | 2 Storey, Basement Entry |
| Floor Levels | 2 |
| Main Floor | 1,252 sqft |
| Total Size | 2,487 sqft |
| Bedrooms | 5 |
| Full Baths | 3 |
| Half Baths | 1 |
| Fireplaces | 2 |
| Heating | Forced Air |
| Basement | Fully Finished, Separate Entry |
| Title to Land | Freehold NonStrata |
| Property Taxes | $3,988 |
Amenities and Features
| Parking Type | Open, Garage; Single |
|---|---|
| Parking Total | 4 |
| Features | Clothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Air Conditioning |
| Site Influences | Central Location, Cul-de-Sac, Recreation Nearby, Shopping Nearby |
Lot Size
| Lot Area | 4,858 |
|---|---|
| Frontage | 27 |
Listing Details
| MLS® # | R2880340 |
|---|---|
| Status | Active |
| Listing Date | May 6th, 2024 |
| Address | 1121 Wallace Court |
| Subdivision | Ranch Park |
| Area | Coquitlam |
| Province | BC |
| Listing Office | eXp Realty |