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Coast Meridian Road PROPERTY HIGHLIGHTS: 3.16 acre development site Up to 1.1 FAR upon OCP amendment to “Conventional Townhomes” Preliminary drawings for up to 43 townhouse units Asking price: $16,250,000 1509 - 1511 Coast Meridian Road Coquitlam, BC FOR SALE BURKE MOUNTAIN TOWNHOUSE DEVELOPMENT SITE For more information PLEASE CONTACT: Adam Lawrence d 604.495.8794 c 604.999.4906 [email protected] FLRE.ca Owen Yates Personal Real Estate Corporation d 604.687.8320 c 604.315.5141 [email protected] Hazel Avenue Hazel Avenue Extension 18 townhomes coming soon Harper Road

FOR SALE Coast Meridian Road 1509 - 1511 BURKE ......Coquitlam just approved a similar OCP amendment for the site to the South, called Timber Ridge, for 18 townhomes. Preliminary plans

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Page 1: FOR SALE Coast Meridian Road 1509 - 1511 BURKE ......Coquitlam just approved a similar OCP amendment for the site to the South, called Timber Ridge, for 18 townhomes. Preliminary plans

Co

ast M

erid

ian

Ro

ad

PROPERTY HIGHLIGHTS:

• 3.16 acre development site

• Up to 1.1 FAR upon OCP amendment to “Conventional Townhomes”

• Preliminary drawings for up to 43 townhouse units

• Asking price: $16,250,000

MEGAN JOHALLicensed Client Services Coordinator [email protected] | d. 604.571.6415

1509 - 1511 Coast Meridian Road

Coquitlam, BC

FOR SALEBURKE MOUNTAIN TOWNHOUSE DEVELOPMENT SITE

For more information PLEASE CONTACT:

Adam Lawrence d 604.495.8794 c 604.999.4906

[email protected]

FLRE.ca

Owen Yates Personal Real Estate Corporation

d 604.687.8320 c 604.315.5141

[email protected]

Hazel Avenue Hazel Avenue Extension

18 townhomes coming soonHarper Road

Page 2: FOR SALE Coast Meridian Road 1509 - 1511 BURKE ......Coquitlam just approved a similar OCP amendment for the site to the South, called Timber Ridge, for 18 townhomes. Preliminary plans

E E E E E EE E E E EE E E E EE E E EE E E

EE

WE

ST

SM

ILINGCR

EEK

EASTSM

ILING

CR

EEK

WaterReservoirSite

Refer to section 6.0 - Special Study Areas

CITY OF PORT COQUITLAM

CITY OF COQUITLAM

LOWER HYDECREEK VILLAGE

NEIGHBOURHOOD

HARPER RD.

BUR

KEM

TNST

.

DARWIN

GISLASON AVE.

VICTORIA PARK

JOINT ELEMENTARY

SCHOOLPARK SITE

HARPER PARK

DAY

TON

ST.

ARG

YLE

ST.

PRINCETON AVE.

KIN

GST

ON

ST.

CO

AST

MER

IDIA

NR

OAD

QUEENSTON AVENUE

HIGHLAND AVENUE

GALLOWAY AVENUE

Local roads, lanes and servicing areillustrative, as final subdivision layoutis subject to review by the City’sApproving Officer.

Intensive Residential Uses, consisting ofa Street Oriented Village Home or Conventional Townhome Land UseDesignation, are subject to DevelopmentPermit Policies for form and character.

Riparian areas along watercourses shallbe protected in accordance withstandards which Council may approve by bylaw and through any necessaryauthorization by senior levels ofgovernment.

SCHEDULE ASMILING CREEK

NEIGHBOURHOOD PLAN

Information Notes:

1.

2.

3.

LAND USE DESIGNATIONS

.

0 200 400100 M

Adopted: July 31, 2006Last Amended: November 23, 2015

Map Projection: UTM Nad1983Prepared By: Planning & Development

Source: City of Coquitlam - OCP GIS layer

Estate Single Family

Large Single Family

Small Village Single Family

Large Village Single Family

Conventional Townhomes

Municipal Boundary

Neighbourhood Plan Boundaries

Special Study Area

Street Oriented Village Home

Civic and Major Institutional

Neighbourhood Parks & Natural Open Spaces

School/ Park

Environmentally Sensitive Area

Neighbourhood Commercial

E E E

FOR SALE

FOR MORE INFORMATION CALL 604.687.8300

OPPORTUNITY

This exclusive offering presents an opportunity to acquire an increasingly rare, large scale multi-family development

site on Burke Mountain with potential for incredible views to the South. The site is afforded immediate proximity to

the natural features and amenities that make Burke Mountain such a desirable place to live. A tributary of Hyde Creek

runs directly adjacent to the property and numerous nearby walking and hiking trails will allow future residents to

experience this amazing mountainside setting right in their own back yard.

DEVELOPMENT POTENTIAL

The site is currently designated “Large Single Family” and an OCP amendment would need to occur to re-designate

the properties to “Conventional Townhomes” to accommodate development of a townhome community. The City of

Coquitlam just approved a similar OCP amendment for the site to the South, called Timber Ridge, for 18 townhomes.

Preliminary plans for the subject site illustrate a range of unit sizes from 1,420 – 2,350 square feet with a mix of both

tandem and side by side parking configurations. Townhouse developments with larger unit sizes have performed

exceedingly well on Burke Mountain as they offer the feeling of living in a single family home in a quiet suburban

community at a more affordable price point. Resale prices for larger units are now commanding upwards of $1,000,000.

PROPOSED SITE PLAN & SMILING CREEK LAND USE MAP LOCATION

BURKE MOUNTAIN TOWNHOUSE DEVELOPMENT SITE

E E E E E EE E E E EE E E E EE E E EE E E

EE

WE

ST

SM

ILINGCR

EEK

EASTSM

ILING

CR

EEK

WaterReservoirSite

Refer to section 6.0 - Special Study Areas

CITY OF PORT COQUITLAM

CITY OF COQUITLAM

LOWER HYDECREEK VILLAGE

NEIGHBOURHOOD

HARPER RD.

BUR

KEM

TNST

.

DARWIN

GISLASON AVE.

VICTORIA PARK

JOINT ELEMENTARY

SCHOOLPARK SITE

HARPER PARK

DAY

TON

ST.

ARG

YLE

ST.

PRINCETON AVE.

KIN

GST

ON

ST.

CO

AST

MER

IDIA

NR

OAD

QUEENSTON AVENUE

HIGHLAND AVENUE

GALLOWAY AVENUE

Local roads, lanes and servicing areillustrative, as final subdivision layoutis subject to review by the City’sApproving Officer.

Intensive Residential Uses, consisting ofa Street Oriented Village Home or Conventional Townhome Land UseDesignation, are subject to DevelopmentPermit Policies for form and character.

Riparian areas along watercourses shallbe protected in accordance withstandards which Council may approve by bylaw and through any necessaryauthorization by senior levels ofgovernment.

SCHEDULE ASMILING CREEK

NEIGHBOURHOOD PLAN

Information Notes:

1.

2.

3.

LAND USE DESIGNATIONS

.

0 200 400100 M

Adopted: July 31, 2006Last Amended: November 23, 2015

Map Projection: UTM Nad1983Prepared By: Planning & Development

Source: City of Coquitlam - OCP GIS layer

Estate Single Family

Large Single Family

Small Village Single Family

Large Village Single Family

Conventional Townhomes

Municipal Boundary

Neighbourhood Plan Boundaries

Special Study Area

Street Oriented Village Home

Civic and Major Institutional

Neighbourhood Parks & Natural Open Spaces

School/ Park

Environmentally Sensitive Area

Neighbourhood Commercial

E E E

Rim=201.06

full of water

H

MAIL

MAIL

217

227

232

234

207

235

236

233

231

230

229

228

226

225

224

223

222

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219

218

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215214

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208

OCP amendment to Conventional

Townhomes

Page 3: FOR SALE Coast Meridian Road 1509 - 1511 BURKE ......Coquitlam just approved a similar OCP amendment for the site to the South, called Timber Ridge, for 18 townhomes. Preliminary plans

Coquitlam Centre

Co

ast M

eridia

n R

oa

d

David Avenue

Hazel Avenue

Town Centre Park

Burke Mountain

Harper Park

Future Partington Creek Neighbourhood Centre

Pip

elin

e R

oad

Guildford Way

FOR SALE

www.FLRE.ca

1509 - 1511 Coast Meridian Road

Coquitlam, BCBURKE MOUNTAIN TOWNHOUSE DEVELOPMENT SITE

LOCATION

The site is located at the northern extent of the Smiling Creek Neighbourhood Plan at the intersection of Coast

Meridian Road and the future Hazel Avenue extension. The location offers convenient access to David Avenue and

the amenities offered in City Centre. The future shops, schools and services that will soon occupy Partington Creek

Neighbourhood Centre are only minutes away by car.

PROJECT DOCUMENTATION

The following additional information is available upon

request:

• Title

• Tax reports

• Smiling Creek Neighbourhood Plan

• Potential Site Layouts

• Northeast Coquitlam CWOCP Amendment

Application Assessment Criteria

• Northeast Coquitlam future school site information

Please contact the listing agents to obtain access to

the data room containing the above documents.

CURRENT USE

The properties are currently improved with a single

family house.

PROPERTY DETAILS

• PIDS: 029-574-773 & 006-717-179

• Addresses: 1509 Coast Meridian Road and 1511

Coast Meridian Road, Coquitlam, BC

• Gross Site Size: 3.16 Acres

• Taxes: $18,707 (2017)

ASKING PRICE

$16,250,000

Page 4: FOR SALE Coast Meridian Road 1509 - 1511 BURKE ......Coquitlam just approved a similar OCP amendment for the site to the South, called Timber Ridge, for 18 townhomes. Preliminary plans

ADAM LAWRENCEBroker | Land & [email protected] | d. 604.495.8794

OWEN YATES Personal Real Estate Corporation Partner | Land & Investment [email protected] | d. 604.687.8320

Frontline Real Estate Services Ltd. is a full-service real estate agency offering real estate broker and marketing services across the Fraser Valley, BC.

Come visit us at our office, conveniently located on 200th Street right off Highway 1.

160 - 8621 201 Street Langley, BC V2Y oG9 o 604.687.8300 f 604.687.8322 www.FLRE.ca

E.&O.E: This document/email has been prepared by Frontline Real Estate Services Ltd. for advertising and general information only. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Frontline Real Estate Services Ltd. Any interested party should undertake their own inquiries as to the accuracy of the information. Frontline Real Estate Services Ltd. excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.

JUSTIN MITCHELL Personal Real Estate Corporation

Partner | Land & [email protected] | d. 604.687.8301

KERRIANN REIMERClient Services Coordinator [email protected] | d. 604.571.6400

MEGAN JOHALLicensed Client Services Coordinator [email protected] | d. 604.571.6415

MIKE HARRISONBroker | Land & [email protected] | d. 604.668.5993

The Frontline Development Land Team is composed of two of Frontline’s Partners: Owen Yates and Justin Mitchell. They are supported by Land and Investment Specialists Mike Harrison and Adam Lawrence, and by the Frontline support team including the sector’s Client Service Coordinators, Kerriann Reimer and Megan Johal, and Frontline’s Director of Marketing, Ande Kuric.