Learn more about this property online at:
https://www.collierscanada.com/p-can2002628
https://www.collierscanada.com/p-can2002628
- Sold
Colliers is pleased to present this rare opportunity to purchase a high rise redevelopment site just steps from the Burquitlam SkyTrain Station. The property sits on 41,382 square feet of land and is currently improved with a 44-unit stratified condo building and a retail shopping centre.
The Property is located in the Burquitlam neighbourhood of West Coquitlam just east of Burnaby and north of the Fraser River. Coquitlam enjoys a central location within the Metro Vancouver region and is the fifth largest city in British Columbia.
605 Como Lake Ave. and 602 Clarke Road are located in Sub-Area B: Burquitlam Neighbourhood Centre and are designated as High Density Mixed-Use. After discussions with the City of Coquitlam, the proposed new zoning will fall under C-7 which allows for a 4.5 FAR to build mixed-use, high density development. The City has further indicated that a bonus density of 1.0 FAR may be achieved if dedicated to market rental. Final adoption of the plan is expected for early 2017.
The Property is located in the Burquitlam neighbourhood of West Coquitlam just east of Burnaby and north of the Fraser River. Coquitlam enjoys a central location within the Metro Vancouver region and is the fifth largest city in British Columbia.
605 Como Lake Ave. and 602 Clarke Road are located in Sub-Area B: Burquitlam Neighbourhood Centre and are designated as High Density Mixed-Use. After discussions with the City of Coquitlam, the proposed new zoning will fall under C-7 which allows for a 4.5 FAR to build mixed-use, high density development. The City has further indicated that a bonus density of 1.0 FAR may be achieved if dedicated to market rental. Final adoption of the plan is expected for early 2017.
