The subject property is within the Burquitlam-Lougheed Evergreen Line Shoulder Area, permitting additional density up to a maximum of 2.4 FSR.
The City Plans indicate the development of a new park and road dedication. These updates positively benefit the site, as the updated road will remove a lane which currently runs through the site, and instead have it run adjacent to the new park. This adds immediate value to this already desirable, corner lot location.
The city of Coquitlam is one of the leading cities in affordability while still being connected to many of the Rapid Transit systems. With major upcoming developments such as the new YMCA, the city promises growth potential and continues to motivate young families, retirees, and working professionals alike to choose Coquitlam as their home.
The Potential Panoramic View
The Key Details
|Civic Address||680 Chapman Ave & 755-757 Clarke Rd, Coquitlam, BC|
|Total Site Area||17,079 SF|
|Potential Floor Area Ratio (FAR)||1.85 – 2.4 FAR|
|Potential Buildable Square Footage||31,596 – 40,990 BSF|
|Designated OCP Zoning||Medium Density|
|Potential Addition with 686 Chapman Ave||Potential Site Area: 28,200 SF*|
|Potential BSF at 2.3 FAR: 64,874 BSF*|
|*includes lane closure|
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied.