PRIME burquitlam land assembly , BC COMO LAKE | DOGWOOD | GROVER LANDS THE OFFERING BURQUITLAM LAND ASSEMBLY On behalf of the owners (collectively the “Vendor”), CBRE Limited and Oakwyn Realty Ltd. (collectively the “Agent”) are pleased to offer for sale the following land assembly COMO LAKE | DOGWOOD | GROVER LANDS in Coquitlam, BC (the “Property”): 720 Como Lake Avenue 707 Grover Avenue 716 Como Lake Avenue 711 Grover Avenue 712 Como Lake Avenue 715 Grover Avenue 710 Como Lake Avenue 717 Grover Avenue 706 Como Lake Avenue 719 grover avenue 702 Como Lake Avenue 777 DOGWOOD STREET DOGWOOD STREET 646 Como Lake Avenue 787 Dogwood Street 705 Grover Avenue Covering a large 2.20 acre corner site, each lot is improved with a single family home or duplex. The Property is exceptionally located, two blocks east of the Burquitlam Evergreen Line Station. Given its scale, the Property is a rare offering for a multi- phased, medium density residential development project in the rapidly growing Coquitlam market.

OFFERING PROCESS 95,911 COMO LAKE AVENUE The Property is being marketed by way of a modified bid process. All prospective SQUARE FEET purchasers will be advised of an offer submission date after an initial marketing period. SUBMISSION GUIDELINES 15 LEGAL LOTS The Vendor has adopted an unpriced, modified bid process. Interested parties are invited to submit an offer in the form of a Letter of Intent (the form of which will be provided upon request) that addresses the requirements below:

1. Purchase Price and confirmation of the deposits payable for the Property; 2. Name of the Prospective Purchaser(s) and contact information; 3. Terms and conditions of closing; 4. Schedule of timing and events to complete Closing; and GROVER AVENUE

5. Confirmation that the Property is being purchased on an “as-is” basis BID SUBMISSION DATE

To be announced following the full marketing process. SIMON FRASER BURQUITLAM LAND ASSEMBLY UNIVERSITY COMO LAKE | DOGWOOD | GROVER LANDS

PROPERTY SUMMARY BURQUITLAM LAND ASSEMBLY

CURRENT IMPROVEMENTS 12 single family homes & 2 duplexes

SITE SIZE 2.20 Acres (approximately)*

CURRENT ZONING RT-1 or RS-3

OCP & BURQUITLAM LAND USE DESIGNATION Medium Density - Apartment Residential

OCP DENSITY Maximum 2.4 FAR

BUILDABLE AREA Up to 230,186 SQ. FT.

PROPERTY CURRENT ZONING & BURQUITLAM DEMOGRAPHICS PROFILE OFFICIAL COMMUNITY PLAN

This Burquitlam land assembly provides a unique opportunity The Property is currently zoned RT-1 or RS-3 (Single Family ELEMENTARY SCHOOLS 32,012 39.4 $87,756 $101,382 to acquire a trophy redevelopment site occupying a large or Duplex Residential). The intent of the RT-1 or RS-3 zoning estimated population median age avg. household income (2017) 2022 projected income MIDDLE & SECONDARY SCHOOLS 2.20 acre corner location in the rapidly growing City of bylaw is to permit single family and duplex dwellings on Coquitlam, just two blocks east of the Burquitlam Evergreen individual lots. Line Station. Currently the Property is improved with a single 1 CAMERON RECREATION COMPLEX 8 SAFEWAY LIQUOR STORE 15 LONDON DRUGS 21 CIBC family home or duplex on each lot in the land assembly. The City of Coquitlam recently adopted the Burquitlam- Lougheed Neighborhood Plan (the “BLNP) which will guide 2 PUBLIC LIBRARY 9 PET VALU 16 SAFEWAY 22 TD The area surrounding the Property comprises a mix of future development of the Property and the surrounding townhomes, mid-rise apartment buildings and high-rise area. The BLNP designates the Property as Medium Density 3 LOUGHEED TOWN CENTRE 10 DOLLARAMA 17 THE BAY 23 BMO towers. The redevelopment of the Property with new mid- Apartment Residential. rise condominium units, consistent with the development 4 COQUITLAM COLLEGE 11 SHOPPERS DRUG MART 18 SAFEWAY 24 VANCITY policies outlined in the Burquitlam-Lougheed Neighbourhood This land use designation allows for mid-rise buildings up to a 5 CARIBOO CENTRE 12 GOODLIFE FITNESS 19 RONA 25 SCOTIA Plan, would enhance the current housing options in the maximum density of 2.4 FAR and a maximum building height of 8 stories**. immediate neighbourhood. 6 HANIN VILLAGE 13 SAVE-ON-FOODS 20 H-MART 26 RBC **Prospective Purchasers should consult with the City of Coquitlam Planning Department *Site size and property dimensions are subject to verification by Prospective Purchasers. to discuss their individual development concepts. 7 NORTH ROAD CENTRE 14 WALMART 27 HSBC THE location BURQUITLAM LAND ASSEMBLY

The property is located on the Southeast corner of Como Lake Avenue and Dogwood Street, continuing south to Grover Avenue COMO LAKE | DOGWOOD | GROVER LANDS and comprises of 15 single family or duplex lots. The Burquitlam neighborhood is rapidly changing with new forms of housing and new amenities and services being constantly added to the area. 8 MINS WALK TIME Residents of Burquitlam enjoy easy access to Lougheed BURQUITLAM SKYTRAIN STATION Town Centre Mall with major retailers including Hudson’s Bay, London Drugs, Safeway, and Walmart as well as numerous national retailers. In the future, area residents will enjoy an entirely redeveloped Lougheed Town Centre referred to as ‘The City of Lougheed’ which will entail a multi-billion dollar redevelopment of the property into a destination residential and retail town centre.

The Burquitlam area is surrounded by recreational opportunities including hiking and biking trails on Burnaby Mountain surrounding the SFU campus, arts and culture and access to waterfront parks and ocean activities in nearby Port Moody REGAN AVENUE as well as a multitude of community facilities in the City of CLARKE ROAD Coquitlam. Burquitlam is highly accessible by car with both GROVER AVENUE Highway 1 and Lougheed Highway located approximately five minutes from the Property as well as direct access to the new DOGWOOD STREET Evergreen Line Skytrain only two blocks from the Property at Burquitlam Station.

LOUGHEED CENTRE 95,911 5 13 SQUARE FEET MINUTES MINUTES

LEGAL15 LOTS COMO LAKE AVENUE SIMON FRASER UNIVRESITY

6 30 SUBJECT MINUTES MINUTES SITE

HIGHWAY 1 8 MINUTES TRAVEL TIMES TRAVEL CONTACT MITCH CRAMP VICE PRESIDENT INVESTMENT & DEVELOPMENT PROPERTIES | CBRE LIMITED 778 372 1943 | [email protected] JENNY WUN PERSONAL REAL ESTATE CORPORATION ASSOCIATE BROKER | OAKWYN REALTY LTD. 604 961 3559 | [email protected]

CBRE Limited | 1021 West Hastings Street | Suite 2500 | , BC | V6E 0C3

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