701-705 Smith Av Lot | Terrain commercial | 0,55 ha | À vendre | Coquitlam, BC V3J 2W6

Legislation from the Province of British Columbia (Bill 47) regarding TOAs (Transit Oriented Areas) was introduced on December 7th, 2023, with June 30th, 2024 slated as the first deadline regarding municipal bylaw adherence. Prospective Purchasers are invited to submit offers through London Pacific on the Vendor’s preferred form of offer.
The subject site has been designated RM-2 Medium Density Apartment Residential. RM-2 zoning allows for 50% site coverage of buildings that are a permitted height of three (3) storeys and to a maximum of 1.4 FSR, both in Traditional Row Townhouse form w/ underground parkade or Stacked Townhouse form w/ underground parkade. The City of Coquitlam has considered Lock-Off Suites to be permitted as part of Townhome developments within the municipality, with additional precedent being set for potential variances to four (4) storeys from the permitted three (3).
The West Ducklow Street Assembly provides an excellent opportunity for a premium development in a vibrant and growing community. West Ducklow is well positioned by new and existing park greenspace, in close proximity to the Burquitlam SkyTrain station, well established commercial retail services, and rich community amenities. The Burquitlam SkyTrain Station is a central focus of Coquitlam’s vision of a transit-oriented community. Burquitlam continues to experience rapid growth through development and investment by a local and well established development community