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DOWNTOWN VANCOUVER FOR SALE BURNABY MOUNTAIN OAKDALE LANDS NORTH ROAD E V A E K BURQUITLAM A L SKYTRAIN STATION TYNDALL STREET O M O C CLAREMONT STREET | BC COQUITLAM | [email protected] Unprecedented opportunity to develop a master | 604 planned 661 0811 community steps from rapid transit | [email protected] | 604 662 2654 | Personal Real Estate Corporation CASEY WEEKS | Personal Real Estate Corporation MORGAN IANNONE Gardena Dr | SALIENT FACTS Simon Fraser Jefferson Ave University Colliers is pleased to announce 500 504 644 Tyndall Street 603, 607, 613, 617, 619, 621, 623, 625, the opportunity to acquire a 627, 629 639 642 647 Civic Address large scale development site in Port North Road 803, 805, 807, 813, 815, 819, 821, 823, 835 Moody 825 640 645 West Coquitlam, one of Metro Rd North Moody Centre Legal Address Multiple PIDs 8 31 635 636 643 Vancouver’s fastest growing and PROPERTY Station 153,846 SF – 3.53 acres 641 most desirable areas Total Site Area 827 6 31 634 Located on the northeast corner of North Road Evergreen Line Extension 629 632 639 St Claremont Location and Como Lake Avenue in Burquitlam’s Oakdale 825 St Tyndall neighbourhood 823 627 630 637 Burquitlam Approximately 599.00 feet along North Road and Station Frontage 821 625 628 635 Lougheed 256.84 feet along Como Lake Avenue 599.00 feet 599.00 Town Centre feet 599.00 Millennium Line Current Zoning RS-1 One-Family Residential 819 623 626 633 LOCATION | Future Land Use High Density (RM6) Apartment Residential 815 621 624 6 31 Located in the Oakdale neighbourhood of West High Density Total Site Size 153.846 SF 813 619 622 629 Coquitlam. The site is just steps from the Expo Line Condo Residential Density 615,384 SF Lougheed Town Density 618 617 Burquitlam SkyTrain Station. This transforming Rental Residential Density 230,769 SF 807 617 Center Station area is serviced by the Evergreen Line providing Total Density 846,153 SF 615 613 610 easy access throughout Metro Vancouver. 805 5.5 FAR for RM6 - 4.0 for market condo 622 Max FAR 607 1.5 for rental 606 602 605 Improvements Currently improved with 19 single family homes 803 603 Combined Assessed | KEY HIGHLIGHTS $24,665,700 Value (2019) 256.84 feet > Burquitlam Station location and minutes from Combined Gross Lougheed Town Centre amenities $97,495 Taxes (2019) St Earrow > Potential for high density market condominium and rental housing Burquitlam > Potential holding income from existing homes SkyTrain Station during rezoning period | LAND USE DESIGNATION G INGERSOLL AVE L E AILSA AVE N A Y R E D R G T S I HAPMAN AVE C L B T R O N O L A Y E R C C ROULE AVE G R R P ICOLA AVE S E N T S m Fro ion 0m tat THOMPSON AVE 80 m S itla MILLER AVE rqu Bu Oakdale Preferred Land Use Concept & New Streets / Lanes Disclaimer:T HARRISON AVE R C G 1. The new streets and lanes as shown are conceptual Oakdale Sub-Area R A and the actualA location will be determined through R future developmentK applications. Some existing D S T Proposed Land Use Designations streetsN / lanes may be closed andCO additionalVINA C Rnew E A N EY AVE streets / lanes may be required depending on how A KEMSL Civic and Major Institutional D parcels are assembled during redevelopment. R One Famiy Residential 2. Jefferson Ave and Kemsley Ave to be reclassified from a Local Street to a Collector Street. Neighbourhood Attached Residential R D EGMONT AVE D Townhousing AVE This map presentsA a preliminary assessment of 3. R JEFFERSON VE STLEY A WE known watercourses,D but not necessarily their exact H MORRISON AVE A Medium Density Apartment Residential R T R locations. Other permanent and R intermittent B A R watercourses may be identified overO time as Y High Density Apartment Residential O B development plans are undertaken. N N I O N Transit Village Commercial 4. S R Fish habitat values, top-of-bank surveysO and T E S School N biophysical and hydrological characteristics of these S V T A D watercourses will need to be evaluatedS by Parks and Recreation O T O A development proponents at the development permit W E stage. M L LEA AVE Proposed New Streets / Lanes L ELLICE AVE B E D A DOGWOOD ST 5. Streamside protection measures will be determined, Local Street R N n as appropriate, in consultation with senior m o E T i K o t government regulatory agencies. I r Collector StreetN F ta R S A G L m In addition, formal authorization under Section 35 of Narrow Street C 6. S 0 m TYNDALL ST TYNDALL 0 a the Federal Fisheries Act may also be necessary. T 4 l Primary Access Lane it u 7. The City does not guarantee or warrant the reliability, Lane Closure q r u ST CLAREMONT accuracy, quality, currency, validity or completeness B COMO LAKE AVE of the information presented. Environment Riparian Assessment Area (RAA) 8. This information is provided for information and convenience purposes only. Watercourse GROVER AVE GROVER AVE Building on the BLNP process, the OLUDU is intended to result in updated land This concept is consistent with the stakeholder feedback from the Phase 2 use policies to guide development in Oakdale for the next 25 years. Phase 2 public consultation and staff recommends proceeding with an OCP amendment of public consultation involved over 1,000 participant interactions on the draft bylaw and associated supporting elements. Including a public hearing, to land use options. The feedback received was used together with additional incorporate the preferred Oakdale land use concept as an update to the BLNP. staff analysis to develop a preferred land use, transportation and parks concept for Council-in Committee’s review and feedback. BU RNA GLENCOE DR BY M OUN | BURQUITLAM-LOUGHEED TAIN PKWY With the recent expansion of the Millennium Line and the Evergreen Extension opening in early 2017, the neighbourhood has seen a surge in development and investment from prominent firms such as Bosa, Marcon, Mosaic, Intracorp, Amacon and Concert Properties. With its prime location positioned at CHAPMAN AVE PROPERTY ST GATENSBURY GAGLARDI WAY the top of the hill, Burquitlam station and vicinity is destined to become the new regional town centre for Coquitlam. The area is centrally located and ST ROBINSON NORTH RD NORTH accessible to all regions in Greater Vancouver. Simon Fraser University is also located a 10-minute drive away. CLARKE ROAD SHELLMONT ST Oakdale Park ST MOUNTAIN BLUE expansion - 86,000 SF FOREST GROVE DR adjacent to the site ST PORTER COMO LAKE AVE COMO LAKE AVE SCHOOLHOUSE ST SCHOOLHOUSE CLARKE RD Future YMCA and Y Burquitlam A Burquitlam Park ST LINTON W SkyTrain BROADWAY N Station IO FAIRVIEW ST FAIRVIEW T RD NORTH | AMENITIES AVE UNDERHILL C SMITH AVE U D O R NORTH RD P EASTLAKE DR LOUGHEED HWY RESTAURANTS & COFFEE SERVICES RETAIL SHOPS FOSTER AVE FOSTER AVE • OK Tire • Lougheed Town Centre ST HILLCREST PHILLIPS AVE PHILLIPS • Starbucks • • LO WINSLOW AVE Scotiabank Cariboo Centre ST POIRIER UGHE ED GAGLARDI WAY HWY • Tim Hortons Lougheed MARINER WAY • RBC Royal Bank • Northgate Village Town Centre • Choco Coo Cafe GOVERNMENT RD • CIBC Bank • Walmart Supercentre Lougheed The Vancouver SkyTrain Golf Club • Coffee Monster HICKEY DR • TD Canada Trust • Hannam Supermarket Station AUSTIN AVE AUSTIN AVE LAURENTIAN CRESCESNT LAURENTIAN WINSTON ST • McDonald’s ST MUNDY • Vancity Credit Union • H-Mart Coquitlam B ST MONTGOMERY R ST DECAIRE IT IS • A&W Canada H C • Goodlife Fitness • Save-On-Foods O TR LU ROCHESTER AVE AN M • Church’s Chicken S B MARMONT ST -C IA • Fitness 200 Athletic Club • London Drugs A N H A W D Y • Red Robin A 7 H • Tri-City Taekwondo • Shoppers Drug Mart W EDGAR AVE Y • Denny’s • Burnaby Public Library, • BC Liquor Store • White Spot Cameron Branch • Coquitlam Inn Liquor Store ALDERSON AVE SCHOOLHOUSE ST SCHOOLHOUSE FINNIGAN ST E COLUMBIA ST E COLUMBIA • Jimmy’s Place • Safeway CARIBOO RD PARKS & ENTERTAINMENT BRUNETTE AVE • Wings TRANS-C HWY ANADA DAWES HILL RD • Burnaby 200 Conservation Area HOLMES ST BRI • JOEY Coquitlam TISH CO LUM BIA • Burnaby Lake Regional Park 4TH ST HW • The Wild Fig Restaurant + Y 7 Y W H D • E Cocktail Bar Keswick Park T E CUMBERLAND ST RAN BRAID ST S-CAN H NEWCOMBE ST ADA G ARMSTRONG AVE HWY U O • Pho 99 • The Vancouver Golf Club TENTH AVE L MAJOR ST UNITED BLVD E 8TH AVE UNITED BLVD CANADA WAY BRUNETTE AVE SHERBROOKE ST RD FAWCETT RICHMOND ST BRIGANTINE DR 16TH AVE 6TH ST 13TH AVE MCBRIDE BLVD 2ND ST TENTH AVE FOURTH ST KIN GSW AY SIXTH AVE | MARKET ANALYSIS | DEMOGRAPHICS 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 Current Population (2019) 65,637.5 addition, skyrocketing 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 development near a rapidly growing retail centre. Projected Population (2022) 68,700 Average Household Income (2019) $70,509 Projected Average Household Income (2022) $88,297 | ACTIVE CONCRETE CONDOMINIUM PROJECTS IN THE NEIGHBOURHOOD Walk Score - Very Walkable 70 Transit Score - Excellent Transit 70 Project Wynwood Green Wynwood Green City of Lougheed - Phase 1 Hensley SOCO Name (North Tower) (South Tower) (Tower 2) | OFFERING PROCESS Total Units 205 174 264 475 232 Released Prospective purchasers are invited to submit offers to Colliers on the 194 169 264 304 232 Units Vendor’s preferred Form of Offer (available in the Data Room).
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