A boutique four-unit development opportunity on a 10,093 sqft south-facing lot at 320 Seaforth Crescent — designed for the family that wants a real townhouse, and the investor who knows what those families pay.
Coquitlam's R-1 SSMUH zoning unlocked four-unit development on lots that, until recently, could only hold one home. 320 Seaforth Crescent is the right shape, the right size, and the right neighbourhood for the kind of four-home build the City is approving today.
This brief tells one story three ways: a family-home product for end users, a clean build job for a small developer, and a high-margin pre-sale or hold play for an investor. The same building serves all three.
Deep, regular, southern aspect, with a working back laneway and quiet street frontage. The kind of lot SSMUH was written for.
A single building running the length of the lot, with two homes opening onto Seaforth Crescent and two onto the rear laneway. Private patios, detached covered parking, EV-ready stalls. Every home has its own front door, on a real street.
Front units front Seaforth Crescent with porches and address numbers. Rear units front the laneway with the same treatment — their own entry, their own identity. No shared corridors, no elevators, no lobby.
Covered parking is a separate cedar-clad structure along the laneway with integrated bike storage, EV chargers, and waste enclosure. You arrive at a porch, not a driveway.
Steep gables, vertical cedar over horizontal lap siding, black-trim windows, warm porch lighting. The design language is proven, locally — not an experiment. Reads as warm now and timeless in fifteen years.
Three real bedrooms in every home, 1,400–1,650 sf each. Room for a desk, a crib, a teenager. Not a 600 sf bachelor pad.
Steep PNW gables with vertical cedar plank accents over horizontal painted lap siding. Black-trim windows, covered entry porches with charcoal underbelly, address numbers in matte black.
The streetscape reads as two warm, family-scaled homes — not a development. Each entry opens directly onto the sidewalk under a covered porch with bench-depth landings. Mature ferns and a Japanese maple soften the front.
The rear pair gets the same architectural treatment as the front. Juliet balconies catch evening light; private fenced patios offer outdoor space without sharing with neighbours.
A detached cedar-clad carport runs along the lane with integrated planters, EV chargers, and waste enclosure. Four covered stalls + storage. The carport keeps cars off the street face and turns the lane into something walkable rather than blank.
Single building running across the lot. Two homes face Seaforth, two face the laneway, separated by private fenced rear yards. The carport is detached along the lane edge.
A and B face Seaforth. C and D face the lane. Same architectural language, same finish level, two slightly different floor plans tuned to front vs. rear orientation.
Unit names and pricing illustrative · Subject to final architectural design, market conditions at delivery, and current comparables.
Warm woods, painted lap siding, black-trim windows, charcoal roofs. Materials that read as luxurious now and weather beautifully over fifteen years.
Vertical accent siding
Cream-painted Hardie
Matte black exterior
Charcoal asphalt shingle
Aged brass interior
Neutral palette built to last through 2–3 decor cycles. Quality where it touches you every day, not where it photographs once.
Lower operating costs, future-proofed for utility shifts. Modern envelopes that don't penalize you on the BC Energy Step Code.
Five minutes to groceries, ten to Coquitlam Centre, twelve to SkyTrain, twenty-five to downtown Vancouver. Walkable schools and parks; quick drives to the rest of the Lower Mainland.
Drive times are illustrative; verify based on time of day.
Conceptual underwriting only. Final figures depend on construction bids, financing terms, and market conditions at delivery.
All financial figures are conceptual estimates only. Not financial advice. Real underwriting requires current build bids, comps, financing terms, and professional consultation.
The same building serves three buyer types — choose the one that fits, or hybrid them.
Strata-title each home, sell individually to end users. Highest gross return, classic small-builder play in Coquitlam's family-home market.
Hold all four as long-term rentals. Strong family rental demand in the area; lane parking and 3-bed layouts rent at a premium over apartments.
Owner-occupy one home; strata sell the remaining three to substantially offset the build. Common end-user-developer model in BC. Works for multi-gen too — keep two units.
Realistic for a small SSMUH project in Coquitlam. Subject to permit timelines, weather, and trade availability.
Lot acquisition, architect engagement, preliminary design.
Development & building permits with City of Coquitlam under SSMUH.
Demolition of existing structure, servicing, foundation prep.
Framing, envelope, interiors, finishing across all four units.
Strata registration, completions, possession.
Detailed financial modeling, comp set, build budget, and timeline available on request.
Boutique opportunity — limited audience.
A note on the photography in this brief. All photos shown are of a comparable Pacific Northwest farmhouse 4-plex built nearby — not of 320 Seaforth Crescent itself. They are included as design and quality references only, to illustrate the architectural language and scale envisioned for this development. The Seaforth is a conceptual development study. All renderings, photos, floor areas, unit configurations, build costs, sale price estimates, rental projections, and timelines shown are illustrative only and subject to change. Project subject to City of Coquitlam zoning approvals, including R-1 Small Scale Multi-Unit Housing (SSMUH) regulations. Financial figures are conceptual estimates only and do not constitute financial advice or a guarantee of returns. This is not an offering for sale and does not constitute a prospectus. E.&O.E.