Colliers is pleased to present this rare opportunity to purchase a large scale redevelopment site just blocks from the Burquitlam SkyTrain Station. The property sits on 99,171 square feet and is currently improved with 40 room motel, two duplexes and five single family homes. 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. The new Evergreen Line Burquitlam Station connects the Tri-Cities to Vancouver, YVR Airport and Surrey. Located along Clark Road, a major north-south connection between the Barnet and Trans-Canada Highway, the area is centrally located and accessible to all regions in Greater Vancouver. The Property is located in Sub-Area C: North Burquitlam and is designated as a Medium Density Apartment Residential. After discussions with the City of Coquitlam, this designation will permit a total of 2.4 Floor Area Ratio (FAR) to build market condominiums.
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