Sold $6,950,000.00 - Development Site

Information Package

SkyTrain vicinity!

The subject development opportunity is approximately 550 meters away from the new Evergreen line. Take advantage of the quickly evolving Burquitlam neighbourhood with new amenities being implemented throughout the area. There is a direct bus route to Simon Fraser University situated across the street of the site. The nearby Burquitlam Park will be redeveloped by Concert who has partnered up with the YMCA to deliver new housing opportunities with world class amenities servicing the surrounding region.

Potential development opportunity

The City of Coquitlam has designated this area for a potential medium density development site within the modernized version of the Official Community Plan. This allows for up to eight storeys of condominium buildings at a 2.4 floor area ratio (FAR) and six storeys at 2.3 FAR. All zoning details need to be confirmed with the city.

Property details
Lot size 27,324 square feet
Potential zoning Medium density
Potential buildable sf for 6 storeys 62,845
Price per buildable sf for 6 storeys $110
Property Information Package
Property Map

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