Simon Fraser University
Lougheed Lougheed Town SkyTrain Centre Station
Millennium Line
Expo Line
LOUGHEED HWY
NORTH RD 333 NORTH RD *Above rendering is for demonstration purposes only COQUITLAM
Colliers International CASEY WEEKS MORGAN IANNONE Personal Real Estate Corporation Personal Real Estate Corporation 200 Granville Street | 19th Floor Senior Vice President Vice President Vancouver, BC | V6C 2R6 +1 604 661 0811 +1 604 662 2654 P: +1 604 681 4111 [email protected] [email protected] collierscanada.com/28717 West Coquitlam’s Lougheed PROPERTY PROPERTY neighbourhood is poised for a dramatic Simon Fraser evolution with a masterplan to transform HIGHLIGHTS University SPECIFICATIONS the area as a super-regional shopping centre destination attracting shoppers, residents, businesses and workers from • Transit | Less than a ten-minute walk to the all areas of Metro Vancouver. Lougheed Town Centre and SkyTrain station Lougheed Town “333 North Road would be MUNICIPAL 333 North Road, Coquitlam, BC • Scale | 368,514 buildable SF Centre ADDRESS considered an “A” priority • Views | Downtown Vancouver, North Shore, LEGAL ADDRESS LOT 249 DISTRICT LOT 3 GROUP 1 NEW Simon Fraser University, Coastal Mountains in the City of Coquitlam’s WESTMINSTER DISTRICT PLAN 46533 PID: and beyond Millennium Line Business Plan. The application 004-575-296 LOCATION The Property is located midblock along North • Income | Automobile paint shop Expo Line will be submitted through the Road between Lougheed Highway and the Trans- • Expedited Approval Process | City of Canada Highway in the Lougheed neighbourhood Transit-Oriented Development of Coquitlam. Coquitlam has committed to make Transit- SITE AREA 61,419 SF Oriented Development (TOD) sites a priority 333 Application Team (TODAT), North Rd which focuses solely on large IMPROVEMENTS The Property is currently improved with an automobile LEGAL MAP scale development sites near paint shop
transit hubs in Coquitlam.” CURRENT C-2 Commercial ZONING
FUTURE LAND Transit Village Commercial (C-7) - Multi-Storey High- USE Density Mixed Use
FAR 6.0 - 4.5 FAR outright with the option for additional 1.5 556 FEET FAR to be secured as rental 155 FEET GROSS TAXES $246,105.60 (2019) 100 FEET 673 FEET ASSESSED Land: $ 20,421,000 VALUE (2019) Improvements: $ 14,600 Total: $ 20,425,600 NOI $240,000 a year CITY OF PORT MOODY INGERSOLL AVE
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COTTONWOOD AVE O Centre, SkyTrain and nearby amenities. designated as Transit Village Commercial 0.25S 15,355
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The area is serviced by the Millennium Commercial (C-7) with a F VANCOUVER Rental 1.5 92,129 GOLF CLUB HOWIE AVE Line and Evergreen Extension providing density of 4.5 FAR. The City FOSTER AVE Total T FO6.0S 368,514 R S TER AVE IDGEWA
NORTH RD NORTH Y AVE convenient access throughout Metro has further indicated that
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E U 0.5 FAR if 0.2 is dedicated LOUGHEED HIGHWAY N Land Use Designations ROCHESTER AVE E KING ALBERT AVE L to below-market or non VANCOUVER B WALLS AVEE WALLS AVE
Transit Village Commercial L market housing rental units. GOLF CLUB HOWIE AVE SHAW AVE LEASE Neighbourhood Centre STEWART AVE RIDGEWA
NORTH RD NORTH Y AVE The Burquitlam-Lougheed High Density Apartment Residential
AUSTIN AVE EDGAR AVE THOMAS AVE T Neighbourhood Plan was B
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formally adopted on June 26, Low Density Apartment ResidentialDC HAAVERL U
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EED HWE ADAIR AVE Parks and Recreation B High Density Apartment Residential ER G SA EDGAR AVE D Y N
Natural Areas THOMAS AVE SHERWOODI AVE R
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AMENITIES • • • • • • • • • • • • • • • • • • • • • • • • SERVICES RESTAURANTS & COFFEE SHOPS Vancity Credit Union Canada TrustTD CIBC Bank RBC Royal Bank Scotiabank OK Tire House of Tofu Soup Bbong Korean Restaurant KoreanJong Ga Restaurant Pho 99 The Wild Fig Restaurant +Cocktail Bar CoquitlamJOEY Wings Jimmy’s Place White Spot Denny’s Robin Red Church’s Chicken A&W Canada McDonald’s CoffeeMonster Choco Coo Cafe Tim Hortons Starbucks • • • • • • • • • • • • • • • • • • • • • • PARKS &ENTERTAINMENT RETAIL HOTELS
Executive Plaza Hotel Metro Vancouver Best Western Plus Coquitlam Inn by Ramada Wyndham Coquitlam The Vancouver Club Golf Keswick Park Burnaby LakeRegional Park AreaBurnaby 200Conservation Coquitlam LiquorStore Inn BC LiquorStore Shoppers DrugMart London Drugs Save-On-Foods Coquitlam H-Mart Hannam Supermarket Walmart Supercentre VillageNorthgate Cariboo Centre Lougheed TownCentre Burnaby Public Library, Cameron Branch Tri-City Taekwondo Fitness 200Athletic Club Goodlife Fitness
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HICKEY DR HICKEY MARINER WAY MARINER VIEW DRONE VIDEO ONLINE MARKET ANALYSIS DEMOGRAPHICS collierscanada.com/28717
Steadily increasing prices characterize the Burquitlam-Lougheed residential market. This upsurge is primarily due to the ease of access to all parts of Metro Vancouver, making this area an amenity-rich, walkable community. In addition, skyrocketing CURRENT POPULATION (2019) 175,156 housing prices in Vancouver and Burnaby have driven a number of new home buyers and investors to seek more affordable options in West Coquitlam. The area has become popular among families and young professionals looking for transit-oriented PROJECTED POPULATION (2022) 154,104 development near a rapidly growing retail centre.
AVERAGE HOUSEHOLD INCOME (2019) $80,088
PROJECTED AVERAGE HOUSEHOLD INCOME (2022) $88,297 Active Concrete Condominium Projects in the Neighbourhood
WALK SCORE - VERY WALKABLE 85
TRANSIT SCORE - EXCELLENT TRANSIT 82
PROJECT Wynwood Green Wynwood Green City of Lougheed - Phase 1 Hensley The Heights on Austin NAME (North Tower) (South Tower) (Tower 2) TOTAL 205 174 264 475 366 OFFERING PROCESS UNITS RELEASED 194 169 264 304 177 UNITS Prospective purchasers are invited to submit offers to Colliers on the SOLD 194 169 261 304 48 UNITS Vendor’s preferred Form of Offer (available in the Data Room). AVG. $972 $903 $897 $1,070 $885 PRICE/SF Please contact listing agents to learn more about the offering process. 333 NORTH RD COQUITLAM
CASEY WEEKS Personal Real Estate Corporation Senior Vice President +1 604 661 0811 [email protected]
MORGAN IANNONE Personal Real Estate Corporation Vice President +1 604 662 2654 [email protected]
Colliers International 200 Granville Street | 19th Floor Vancouver, BC | V6C 2R6 P: +1 604 681 4111 collierscanada.com/28717
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