APARTMENTBLOCKS.CA Beyond the sale
647-655 Harrison Ave, Coquitlam
BURQUITLAM STATION
FOR SALE TOWNHOME DEVELOPMENT SITE NEAR BURQUITLAM SKYTRAIN 181'
154'
HARRISON AVE
The Opportunity With one of the most affordable communities on the SkyTrain route with a pro development council, take advantage of the 647 Harrison 9,333 SF most ideal community to build and deliver a highly demanded 651 Harrison 9,333 SF townhome development site. With a rapidly expanding popu- 655 Harrison 9,277 SF lation from the grand opening of the Evergreen line there will be increasing need for housing for new families and downsizers. 27,943sf Site Area Situated in an urban area while still maintaining the suburban quietness and feel, any potential purchaser looking to start a 181’ x 154’ family or find something more maintainable will want to be here. Dimensions (approximate) The Development Potential The city has designated the area for townhome development RM-2 Potential Zoning under its newly established Neighbourhood Plan. This allows for stacked townhousing to replace the existing detached homes. Exact zoning bylaws need to be confirmed with the city. 0.9 –1.4 Potential Floor-Area Ratio (FAR)
DRIVE TIMES 25,149–39,120bsf 3 min to Burquitlam SkyTrain Station Potential Buildable Square Footage 3 min to New Coquitlam YMCA 6 min to Simon Fraser University 7 min to Lougheed Shopping Centre $7,050,000 Price 26min to Downtown Vancouver Coquitlam is the most affordable community by a SkyTrain Station. The OCP Land Use Designation Illustrative purposes only
STACKED TOWNHOUSING OR SLAB-ON-GRADE (2 TO 3 STOREYS)
The Neighbourhood
55,000+ SF RECREATION SPACE The Highlights
DEVELOPMENT POTENTIAL BURQUITLAM SKYTRAIN Designated for townhome development 10-minute walk
NEW 1.5-AC BURQUITLAM NEW $7 BILLION SIMON FRASER UNIVERSITY PARK UPGRADES LOUGHEED MALL (15-min bus ride or 6-min drive)
BURNABY MOUNTAIN PARK SUBJECT SITE
MILLER PARK
BURQUITLAM PLAZA LEA ASSEMBLY Safeway with Pharmacy CIBC Banking Centre BMO ATM Dollarama Starbucks The UPS Store Shoppers Drug Mart Longevity Health Foods Panago Pizza Shiraz Farm Market BURQUITLAM Bento Sushi STATION REGAN ASSEMBLY
Comparable Sales
Regan Assembly FOSTER-FAIRVIEW ASSEMBLY 701-709 Regan Ave & 704-710 Grover Ave, Coquitlam - Sold April 2019 $12,268,000 | 38,725 SF | $317/Land SF BLUE MOUNTAIN PARK
Foster-Fairview Assembly 631-637 Foster Ave & 656-669 Adler St, Coquitlam - Sold October 2018 LOUGHEED STATION $19,503,000 | 73,485 SF | $265/Land SF
Lea Assembly 704, 706, 708 & 712 Lea Avenue, Coquitlam - Sold August 2017 $11,475,000 | 36,643 SF | $313/Land SF
Terry Harding Jackson Tang* Brandon Harding* Senior Vice President Senior Vice President Vice President, Multi-Family 604 691 6615 604 691 6680 & Land Development [email protected] [email protected] 604 691 6630 國語, 廣東話, 福建話查詢 [email protected] *Personal Real Estate Corporation
1075 W Georgia St, Suite 1300, Vancouver, BC V6E 3C9 | ApartmentBlocks.ca
© 2020 NAI Commercial (BC) Ltd. All Rights Reserved. The rendering is for illustrative purposes only and is not intended to communicate development plans. No warranty or representation, express or implied, is made to the accuracy or completeness 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.