Developers & Investors Alert! Prime opportunity in the rapidly evolving Burquitlam core! Situated within the Burquitlam-Lougheed Neighbourhood Plan, this property offers strong holding value and future redevelopment potential. Currently designated for townhouse use under the Burquitlam-Lougheed Neighbourhood Plan, a proposed OCP update envisions higher density, with potential for up to 8 storeys and 3.0 FSR (buyer to verify with the City). The existing home is well maintained, structurally sound, and ideal for rental income while holding. Conveniently situated just minutes to SkyTrain, schools, Lougheed Town Centre, with quick access to Highway 1. Please do not walk the property without an appointment. (id:62865)