Coquitlam 6 Units to Multiplex Development Opportunity

Status:

Asking Price:

Active - Exclusive Listing - NDA will be required for further information - Call Us For Next Steps

$3,778,000

Coquitlam development opportunity to develop 6-8 houses or multiplex under Coquitlam's Neighborhood Attached Residential plan

Zoning:

OCP Designation:

Potential FSR:

RT-1

RT-2 / RT-3 : Neighbourhood Attached Residential (NAR)

0.75 or 0.85 with subdivsion application for purpose of consolidation of multiple lots

OVERVIEW
The opportunity is for an investor or developer to acquire two lots to build triplex, fourplex-style homes or a multiplex on Robinson Street and Como Lake Avenue as part of the Burquitlam - Lougheed Neighbourhood Plan in Coquitlam. This site is located a few blocks from the Burquitlam Evergreen Line Skytrain Station with increasing density of developing mixed use spaces providing markets, restaurants, retail shops and amenities.

Lot Dimensions (approx.)
Frontage 132 ft = 40 m
Depth 147 ft = 45 m
Lot size: Combined (approx.)
19,374 sq ft = 1800 sq m
Potential Buildable: @0.85 FSR 16,467.9
Cost per land: $233.88 /sq ft

Buyer to verify measurements and perform own due diligence for intended development purposes.

CONTACT US for NDA, address and further details.

Coquitlam Housing Choices

Housing Choices Summary Guide

DESIGNATION
Under the Neighbourhood Attached Residential (NAR)
designation, the maximum density is 0.85 FAR. Rezoning and
development permits will be required. Lane access provides
more building configurations with detached garages.
Note: The FAR is subject to approval by the City of Coquitlam

At Praedia, every property we market we create an in depth Property Information Booklet, this helps us communicate with you on specific property information related to not only this property but surrounding pertinent details to help with your decision making.  Contact us for this information or any other questions you may have.

Contact Us

Arnold Sam

Real Estate Advisor

604.505.6810

Arnold@Praedia.ca

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Michael Nam Nguyen *PREC

Real Estate Advisor

604.767.8904

Nam@Praedia.ca