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You are probably overthinking it a little. The way the bylaws work it's not really profitable to build a 4plex. The FSR simply isn't there for it to work. Until they decide to make 4plex 1FSR it's not gonna happen en masse. You need a minimum of 7000sqft to build a 4plex. An average plot in Coquitlam is what? 7000-8000sqft? Let's take 8000, at 0.75 FSR it gives you 6000sqft to share amongst 4 units.
A decent plot in Coquitlam at 8000sqft is probably going to run you around 2m, a quadplex is going to cost you more to build than a SFH, and let's say really cheap at $350/sqft, that's >$2m build cost, probably more if you want garage. Build in some margins and you are looking at 1.4m for a ~1500sqft quadplex with a single garage in Coquitlam of all places.
A single garage unit in SFH areas in Coquitlam really isn't going to fly. $1m right now will buy you an equivalent townhouse in Coquitlam. So is the extra 300k really worth it?
Am I saying they won't bump it up to 1FSR in the future? No, but not without a ton of pushback I think. Coquitlam just isn't ripe for that kind of development, it's just too far.
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