Lougheed Town Centre Station , BC Lougheed Burquitlam Town Centre SkyTrain Station FOR SALE

Como Lake Avenue North Road

Claremont Street 641, 643, 645 & 647 641, CLAREMONT STREET

HIGHLIGHTS

• Highly desirable Top of Hill location CASEY WEEKS MORGAN IANNONE • Quiet residential street steps from Oakdale Park Personal Real Estate Corporation Personal Real Estate Corporation EXECUTIVE VICE PRESIDENT VICE PRESIDENT • 5 minute walk to Burquitlam Skytrain Station DIR +1 604 661 0811 DIR +1 604 662 2654 • Medium density land use designation ideal for 6 storey woodframe [email protected] [email protected] development > Chao Wei Lai

LOCATION SALIENT

With the recent expansion of the and the opening in early 2017, the FACTS Downtown neighbourhood has seen a surge in development and investment from prominent firms such as Bosa, Marcon, Mosaic, Intracorp, Amacon and Concert Properties. With its prime location positioned at the top of the hill, Burquitlam station and vicinity is destined to become the new regional town centre for Coquitlam. The area is centrally located CIVIC ADDRESS 641, 643, 645, 647 Claremont Street, Coquitlam, BC and accessible to all regions in Greater Vancouver. is also located a 10-minute drive away. Brentwood Town Centre PID 001-647-857, 009-100-016, 009-218-203 & 009-216-715

Located on the southwest corner of Jefferson Avenue and Claremont LOCATION Street in Coquitlam’s Burquitlam neighbourhood

SITE AREA 30,583 SF 301’ 215’

Simon Fraser University IMPROVEMENTS Currently improved with 4 single family homes 115’

Production Way– CURRENT ZONING RS-1 One-Family Residential University Station

FUTURE LAND Medium (RM3) Apartment Residential USE

SUBJECT FAR 2.4 FAR 1 Trans-Canada Hwy GROSS TAXES $17,818.51 (2019)

TOTAL ASSESSED Lougheend Town $4,411,500 Centre Station VALUE (2019) Burquitlam Lougheed Station Town Centre Burquitlam SkyTrain Station

The Vancouver Golf Club LAND USE

G INGERSOLL AVE L E AILSA AVE N A Y R E D R

G T

S I HAPMAN AVE C

L B

T

R

O

N

O

L

A

Y E

R

C C ROULE AVE G R R P ICOLA AVE S E N T

S

m Fro ion 0m tat THOMPSON AVE 80 m S itla MILLER AVE rqu Bu

Oakdale Preferred Land Use Concept & New Streets / Lanes Disclaimer:T HARRISON AVE R C G 1. The new streets and lanes as shown are conceptual Oakdale Sub-Area R A and the actualA location will be determined through R future developmentK applications. Some existing D S T Proposed Land Use Designations streetsN / lanes may be closed andCO additionalVINA C Rnew E A N EY AVE streets / lanes may be required depending on how A KEMSL Civic and Major Institutional D parcels are assembled during redevelopment. R One Famiy Residential 2. Jefferson Ave and Kemsley Ave to be reclassified from a Local Street to a Collector Street. Neighbourhood Attached Residential R D EGMONT AVE D Townhousing AVE 3. This map presentsA a preliminary assessment of R JEFFERSON VE STLEY A WE known watercourses,D but not necessarily their exact

H MORRISON AVE A Medium Density Apartment Residential

R T R locations. Other permanent and R intermittent

B A R watercourses may be identified overO time as

Y High Density Apartment Residential O

B

development plans are undertaken. N N

I

O N Transit Village Commercial 4. S R Fish habitat values, top-of-bank surveysO and

T E S School

N biophysical and hydrological characteristics of these S V T A D watercourses will need to be evaluatedS by Parks and Recreation

O T

O A development proponents at the development permit

W E stage. M L LEA AVE Proposed New Streets / Lanes L ELLICE AVE B

E D A DOGWOOD ST 5. Streamside protection measures will be determined, Local Street R N n as appropriate, in consultation with senior m o E T i K o t government regulatory agencies. I r Collector StreetN F ta R A G S L m In addition, formal authorization under Section 35 of Narrow Street C 6. S

0 m TYNDALL ST TYNDALL 0 a the Federal Fisheries Act may also be necessary. T 4 l Primary Access Lane it u q 7. The City does not guarantee or warrant the reliability, Lane Closure r u ST CLAREMONT accuracy, quality, currency, validity or completeness B COMO LAKE AVE of the information presented. Environment Riparian Assessment Area (RAA) 8. This information is provided for information and convenience purposes only. Watercourse GROVER AVE GROVER AVE

Building on the BLNP process, the OLUDU is intended to result in updated land This concept is consistent with the stakeholder feedback from the Phase 2 public use policies to guide development in Oakdale for the next 25 years. Phase 2 consultation and staff recommends proceeding with an OCP amendment bylaw of public consultation involved over 1,000 participant interactions on the draft and associated supporting elements. Including a public hearing, to incorporate land use options. The feedback received was used together with additional staff the preferred Oakdale land use concept as an update to the BLNP. analysis to develop a preferred land use, transportation and parks concept for Council-in Committee’s review and feedback. MARKET ANALYSIS DEMOGRAPHICS

Active Mid-rise Condominium Projects in Burquitlam CURRENT POPULATION (2019) 65,637.5

PROJECTED POPULATION (2022) 68,700

AVERAGE HOUSEHOLD INCOME (2019) $70,509 PROJECT NAME 50 Electronic Avenue George Duet The Oaks

TOTAL UNITS 358 172 72 398 PROJECTED AVERAGE HOUSEHOLD INCOME $88,297 (2022) RELEASED UNITS 138 172 72 135

WALK SCORE - VERY WALKABLE 70 SOLD UNITS 128 167 43 83

AVG. PRICE/SF $760 $755 $759 $768 TRANSIT SCORE - EXCELLENT TRANSIT 70

OFFERING PROCESS PROJECT NAME Kira (North) Kira (South) Vista

TOTAL UNITS 60 56 76 Prospective purchasers are invited to submit offers to Colliers on the

RELEASED UNITS 60 56 76 Vendor’s preferred Form of Offer (available in the Data Room).

SOLD UNITS 47 20 42 Please contact listing agents to learn more about the offering process.

AVG. PRICE/SF $760 $778 $741 COQUITLAM, BC 641, 643, 645 & 647 641, CLAREMONT STREET

Colliers International CASEY WEEKS MORGAN IANNONE 200 Granville Street | 19th Floor Personal Real Estate Corporation Personal Real Estate Corporation Vancouver, BC | V6C 2R6 EXECUTIVE VICE PRESIDENT VICE PRESIDENT P: +1 604 681 4111 DIR +1 604 661 0811 DIR +1 604 662 2654 collierscanada.com [email protected] [email protected]

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