New opportunity to acquire a corner high-rise development site in the quickly developing Burquitlam neighbourhood. A short 7-minute walk away is the Evergreen Line at Burquitlam SkyTrain Station, while still maintaining a suburban feel in a quiet area. There is a direct bus route to Simon Fraser University situated just steps away from the site providing access by public transit within 15 minutes or 5 minutes by car.
New amenities are being implemented throughout the area. Nearby parks include the expanding Oakdale and Cottonwood Parks, Burquitlam Park, Miller Park and Stoney Creek Park. Miller Park and Mountain View Elementary are within walking distance. Cameron Recreation complex and the Vancouver Golf Club provide access to all ages of entertainment and sports.
The City of Lougheed development is revitalizing the mall with many new high-end stores, cafés, restaurants, lounges, fitness and entertainment. Burquitlam is soon to become the ultimate place to live and relax that is driving strong demand for finished units because of the still affordable price point for both end users and investors.
The Potential Panoramic View
The Key Details
|Civic Address||631, 633, 635 & 637 Elmwood St, Coquitlam, BC V3J 3W9|
|Total Site Area||30,781 SF|
|Current Zoning||RS-1 One-Family Residential|
|Floor-Area Ratio (FAR)||5|
|Potential Floor-Area Ratio (FAR) for Condominium||4 (partial density has to be bought from the City of Coquitlam)|
|Potential Floor-Area Ratio (FAR) for Market Rental||1|
|Buildable Square Footage (Condominium)||123,124 BSF|
|Buildable Square Footage (Rental)||30,781 BSF|
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.