The Opportunity
The ApartmentBlocks team is pleased to present
A corner lot, medium density opportunity with optimal exposure on Lougheed and Bainbridge Avenue.
This well-appointed site has ample opportunity for expansion by including 2900 Bainbridge, or further expansion with adjacent Chicory Cove Assembly.
The site is minutes from major shopping districts, schools, parks and community amenities.
Transit Oriented Development Areas
The province of British Columbia passed Bill 47 in 2023, creating new legislative frameworks to increase density near transit hubs. These Transit Oriented Areas (TOAs) provide new guidelines which promote development by:
- Increasing Density
- Eliminating minimum parking requirements
- Streamlining the application process by removing the need for public hearings
The Potential Panoramic View
The Key Details
| Civic Address | 2900*, 2932, 2962 Bainbridge Ave, 2971 Coventry Pl, Burnaby, BC |
| Total Site Area | 28,822 SF |
| *or 50,842 SF with potential addition of 2900 Bainbridge | |
| TOA Prescribed Density | 3.0 FAR |
| TOA Potential Buildable Residential Area | 86,366 BSF |
| Bainbridge Urban Village Plan Residential Zoning | RM4uv-b | 2.5 FAR |
| Bainbridge Urban Village Plan Commerical Zoning | C2 | 0.1 – 1.3 FAR |
| Price | Contact agents |
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.
