A residential development site near the new Burquitlam SkyTrain station has sold for $6.82 million, NAI Commercial tells Western Investor.
The 27,324-square-foot site is designated for medium density, allowing for up to eight storeys of condominium development at 2.4 FSR. The site currently consists of several single-family lots. The nearby Burquitlam Park will be redeveloped by Concert who has partnered up with the YMCA to deliver new housing opportunities with world-class amenities.
The land is located at 703-713 Como Lake Ave., Coquitlam.
Breakdown:
Price: $6,825,000
Lot Size: 27,324 SF
Property Type: Land
Date of Sale: 07/11/2017
City: Coquitlam
Province: B.C.
Name of Brokerage: NAI Commercial
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