FOR SALE 3.35 Acre Development Site Designated Multi-Family Residential
Also listed with NAI Commercial Potential Additions
1902 –1960 Highview Place Port Moody, BC Highlights This is an opportunity to acquire a 3.35 acre (approx. 145,852 SF) development site just off of Barnett Highway in Port Moody. The property is currently zoned for Multi-Unit Flex Residential (RM3) with a land use designation in the OCP for Multi-Family Residential Density which would support a development in the range of 3 to 6 storeys in height. The property is currently improved with 30 stratified townhouses that is overlooking the mountains and Burrard Inlet. It is located a short distance from the Moody Centre Station which runs on the Millennium Line.
Rob DesBrisay Conor Finucane* NAI Commercial Managing Partner Senior Associate 1075 W Georgia St, Suite 1300 604 691 6602 604 691 6604 Vancouver, BC V6E 3C9 [email protected] [email protected] +1 604 683 7535 *Personal Real Estate Corporation naicommercial.ca
Property Details
Address 1902–1960 Highview Place 1902–1960 Highview Place Port Moody, BC V3H 1N5 Port Moody, BC Strata Plan The Offering NWS7 The Vendor is comprised of 30 strata lot owners under strata plan NWS7 who collectively own the 3.35-acres of land. Prospective purchasers will be invited to submit offers to purchase through NAI Total Site Area Commercial for consideration by the Vendor. Approximately 3.35 acres
The Location Existing Improvements The property is located just off of the Barnett Highway and Clarke 30 stacked townhouse units that were Rd directly east of Simon Fraser University on Highview Place and constructed in 1969. Clarke St. It is in close proximity to the Moody Centre Station, Seaview Elementary School and Port Moody Secondary School. Existing Zoning RM3 - Multi-Unit Flex Residential, with a The Site Description maximum FAR of 0.75 permitted The site is an irregular lot with approximately 122.6 meters fronting Highview Place and 74.3 meters deep (402’ x 244’). The site also includes a strip of land across the street on Highview Place which OCP Designation is approximately 175 meters by 25.5 meters (574’ x 84’). The site Multi-Family Residential – supports should be separately surveyed and exact dimension confirmed by low to medium density attached the Purchaser. There is potential to acquire adjacent lots to expand housing. This ranges from duplexes, the site. townhouses/stacked townhouses to apartment structures that range from 3 to 6 storeys in height depending on area SUBJECT specific policies (taken from Overall PROPERTY Land Use Strategy 4.1.2 in the OCP).
Price The Vendor has left the price open to offers and prospective purchasers are to submit at what they believe is fair market value for the land.
SUBJECT PROPERTY
MAP 1: OVERALL LAND USE PLAN C O Q U I T L A M A L T I U Q O C LAN P FFICIAL O C O Q U I T L A M OMMUNITY MAP 1 OVERALL LAND USE PLAN C A N M O R E SUBJECT SITE I N L E T B U R A D LAKE SASAMAT
B U R N A B Y 14-Jun-2018 Neighbourhood Commercial Parks and Open Space Public and Institutional Industrial Business General Industrial Special Study Area Mixed Employment Municipal Boundary B E L C A R Produced by Engineering & Parks Plot Date: The City of Port Moody makes no representation or warranty appropriateness of the information contained hereon. expressed or implied with respect to the accuracy, completeness Stream / Creek Culvert Ditch Other Water Features Oriented Development High-Rise Residential Single Family Low Density Mixed Use - Inlet Centre Mixed Use - Marina Moody Centre Transit Mixed Use - Oceanfront District Multi-Family Residential Mixed Use - Moody Centre map shall be used only as a guideline. and other water features shown on this N NOTE: The stream/creek, culverts, ditches,
Maps City of Port Moody Official Community Plan Bylaw No. 2955 103 BURRARD INLET
EASTHILL PARK
WESTHILL PARK
FUTURE OCEANFRONT DISTRICT SEAVIEW ELEMENTARY SCHOOL ROCKY POINT PARK
SUBJECT SITE MOODY CENTRE STATION BREWERY ROW FUTURE WESTPORT VILLAGE PROPOSED 32 STOREYS, 418 UNITS PORT MOODY ARTS CENTRE
PORT MOODY SECONDARY SCHOOL
Rob DesBrisay Conor Finucane* Managing Partner Senior Associate 604 691 6602 604 691 6604 [email protected] [email protected] *Personal Real Estate Corporation
NAI Commercial 1075 W Georgia St, Suite 1300 Vancouver, BC V6E 3C9 No warranty or representation, express or implied, is made as to the accuracy 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 +1 604 683 7535 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. Aerial image(s) courtesy of Google, Landsat/Copernicus naicommercial.ca