Your next development prospect is the ApartmentBlocks offering, which is a conveniently located 37,834 square feet, six-storey condominium project in Coquitlam. The land Assembly combines easy access to Lougheed mall, rapid transit, and downtown commuting. The expansion of these amenities will continue to increase the value of these properties long into the future. Combining price point, location, and community expansion, this area is the ideal place to develop today!
Under the Burquitlam – Lougheed Official community plan, the land assembly is designated as a Medium Density Residential (RM-3), four to eight-storey building, permitting a maximum density of 2.4 FAR.
View the drone footage below.
Developers and investors are experiencing sales and profit margin growth. Sales in Coquitlam remain strong as condo buyers are pushed out towards affordable units to cope with today’s lending climate. Coupled with new amenities and rapid transit expansions, we have seen the perfect storm to justify the explosive population growth in the area that seems to be coming from many SFU students, downsizers, young families, young professionals, and first time home buyers.
Price point is critical in today’s decision-making process. Coquitlam provides fast access to downtown for work either through easy access to the highway or rapid transit. An abundance of amenities makes this area ideal for the convenience of modern living. A well-structured vision from Mayor and Council provides exciting improvements to the community that will continue with all the revenue generated from redevelopment and draw in new residents while servicing old ones.
*Source Urban Analytics
291 ,295 ,297,299 Guilby Street
627, 631 Grayson Avenue, Coquitlam
291 Guilby : 6,174 SF
295 Guilby : 7,260 SF
297 Guilby : 6,260 SF
299 Guilby : 6,009 SF
627 Grayson : 6,000 SF
631 Grayson :6,131 SF
Total 37,834 SF
RS-3/RS-1 One-Family Residential
RM-3 Medium Density Residential