580 Whiting Way, Coquitlam, BC
Coquitlam, BC
FOR SALE
Property Details
- Lot Size 28,975
- Site Dimensions 165 ft x 175 ft
- Number of Existing Units 44
- Current Zoning RM-2 - Three Storey Medium Density Apartment Residential
- Burquitlam Lougheed Neighbourhood Plan High Density Apartment Residential
- Maximum Density 5.0 - 6.0 FSR (Base density 2.50 FSR)
- Potential Gross Buildable Area 173,850 sf
- Assed Value (2024) $12,176,000
- Financing Treat as clear title
- Sale Structure Asset Sale
Overview
Avison Young is pleased to present 580 Whiting Way, Coquitlam, BC, a prime development land opportunity in the sought-after Burquitlam-Lougheed neighbourhood. This property offers an exceptional high-density residential development site, perfectly positioned for developers looking to capitalize on the area’s growth. Located conveniently close to schools, parks, and public transit, including the nearby SkyTrain stations, the site boasts excellent connectivity across Metro Vancouver. With increasing demand for housing and a favorable market outlook, 580 Whiting Way represents a promising redevelopment opportunity with holding income.
Property Highlights
Well-positioned near an abundance of amenities including The City of Lougheed
Improved with a 44-unit apartment building providing holding income to investors
Close proximity to Lougheed Town Centre SkyTrain Station - 9 minute walk from the Property
Development potential of 5.0-6.0 FSR and no maximum height requirement
