For Sale: 1.22 Acre Transit-Oriented Development Site

The Opportunity

This exclusive offering is a transit-oriented development opportunity situated in the Oakdale neighbourhood, less than a ten-minute walk from parks, shopping, and the Evergreen Line, providing access to the West Coast Express which allows for travel across Metro Vancouver. Simon Fraser University is only a 5 minute drive away, or it can be reached in 15 minutes by bus via the direct bus route, situated only steps away from the site.

The site is comprised of 6 parcels spanning over 1.22 acres. Each parcel contains a rentable single family home, which has the ability to cover a portion of the carrying costs while a development application is underway. The site is designated High Density Apartment Residential, allowing up to 5.5 FAR.

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Summary

Property
Attributes

Land Size

1.22 acres

DESIGNATION

High Density Apartment Residential

FAR

5.5

Price

TAXES (2020)

$29,804.17

ASKING PRICE

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Location

CLAREMONT STREET & GARDENA DRIVE, COQUITLAM, BC
Burquitlam, COQUITLAM

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Property
Features

The site is designated High Density Apartment Residential and contains a watercourse along the north perimeter of the site which cuts between Gardena and Claremont. The high density designation will allow up to 5.5 FAR, allowing for incredible unobstructed views to the north and the west. No development application has been filed on the property.

About The
Location

The subject property is situated in Coquitlam’s Oakdale neighbourhood, less than a ten-minute walk from parks, shopping, and the Evergreen Line, providing access to the West Coast Express which allows for travel across Metro Vancouver. Simon Fraser University is only a 5 minute drive away, or it can be reached in 15 minutes by bus via the direct bus route, situated only steps away from the site.