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Burquitlam townhome development site close to Burquitlam SkyTrain


The subject site is located across from detached homes in a quiet residential neighbourhood of the desirable Burquitlam area. The Burquitlam SkyTrain Station is a mere 800 meters away providing rapid transit to downtown Vancouver in approximately 30 minutes worth of travel time. Coupled with the abundance of new amenities including the highly anticipated YMCA building and newly constructed Safeway, purchasers looking to settle into a new neighbourhood will find all their needs easily accommodated. Coquitlam is positioned to experience a significant population increase, estimated to reach 224,000 by the year 2041 (www.coquitlam.ca). In this quiet neighbourhood a new bike path is being constructed along Fairview Street to increase the amenities of this already illustrious area.


The highlights


 

  • Walking distance to Burquitlam SkyTrain Station
  • Potential views from upper floors
  • Quiet residential area
  • Nearby parks and expanding amenities
  • Limited supply of townhome product

 


Development potential


The city has designated the area for townhome development under its newly established Neighbourhood Plan. This allows for row or stacked town housing to replace the existing detached homes. Exact zoning bylaws need to be confirmed with the city. This hot commodity is rarely available designation within the Burquitlam area providing a good opportunity to build a landmark project that will establish a strong long-term relationship with the city and the community.


New amenities


Adjacent to the development site will be the expanded Cottonwood Park. This newly developed greenery will provide a vibrant and relaxing green space that is expected to become widely used by local residents. Up the road is the planned YMCA that will become Coquitlam’s newest community centre providing access to many activities and events that the residents will partake in.


Property details
Site area 92,234 SF
OCP land use RT-2 – RM-2
Density 0.9 – 1.4
Price Contact listing agents
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