2021-2025 Saint Johns Street Port Moody, Bc

FOR SALE

2021-2025 SAINT JOHNS STREET PORT MOODY, BC

Partnership. Performance.

OPPORTUNITY To acquire a residential redevelopment site within the Evergreen Line SkyTrain Corridor. This highly visible two (2) acre corner lot has water and mountain views and is in close proximity to the Moody Centre Evergreen Line SkyTrain Station and the West Coast Express. EXECUTIVE THE LOCATION Situated at the Western Gateway to Port Moody, British Columbia, SUMMARY this prime corner location at St. Johns Street and the Barnet Highway, offers picturesque views of both the mountains and water which surround the award winning City of the Arts. St. Property 2021-2025 Saint Johns Street Johns Street serves as the main arterial road running east/west Address Port Moody, BC through Port Moody, while the Barnet Highway is a major arterial Legal road to the north and carries traffic into Burnaby and Vancouver. PL NWP52281 LT92 DL202 LD36 Description

PID 004-963-539 PORT MOODY Port Moody is a distinct and charming community of about 35,00.

Taxes $78,024 (2015) The service area is at the crossroads of a population of 360,000. Port Moody, connected by rapid transit, rail, major highways, and Property Vacant land - two (2) acres - 87,120 sf a deep-sea port, is only a 45-minute drive from two international Description Frontage - 330’ on St. Johns Street airports and the Canada-U.S. border. Port Moody’s natural setting,

Current residential and recreation opportunities and proximity to the C-5 Automobile Oriented Zoning nearby Simon Fraser University and Douglas College David Lam Campus, serve as magnets to attract a skilled labour force. OCP Mixed-Use Moody Centre Designation DEVELOPMENT METRICS Geotechnical The subject property benefits from an existing development Reports Environmental Traffic Studies application submitted to the City of Port Moody in 2006. While this application is still active, the vendor will only Pricing $26,000,000 accept offers to purchase under the parameters of the Official Community Plan indicating 6 storey frame residential development. Assuming a density of 2.5 FSR, this site would accommodate approximately 217,000 square feet of density.

Oceanfront District

Proposed Future SkyTrain Station Moody Centre Station Inlet Centre Station

S Sorced Google EVERGREEN LINE Sorced Google The subject property is identified in the Westport Sub-Area (A) and is the most prominent Gateway site at the western entrance to Port Moody. It is located at the hub of three (3) Frequent Transit Corridors (FTC’s) and therefore Translink considers the site a Frequent Transit Node (FTN). Within the Translink’s Transit Oriented Communities (TOC) - Design Guidelines, municipalities are to “Encourage the highest intensity DEVELOPMENT of development in Urban Centers and at frequent transit nodes”; INFORMATION that being high density residential, commercial and mixed uses.

;; Base building height: 24 storey

;; 15m setback from creek

;; Zoning comes with no Community Oceanfront District Amenity Charges or off site obligations

Proposed Future to the buyer SkyTrain Station ;; Any additional height or density to be Moody Centre Station Inlet Centre negotiated by the buyer (seller to be Station credited an amount per buildable to be offered by the buyer)

S arnet Hy

Saint ons St

Partnership. Performance.

Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada

Robert Gritten, Principal Hayley Adams, Client Services Coordinator 604.647.5063 604.646.8384 avisonyoung.com [email protected] [email protected]

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young.