→ for sale SHAWAVENUE
DEVELOPMENT OPPORTUNITY
561 SHAW AVENUE COQUITLAM
Presented By: JASON LAI | RYAN WONG | JOHN TSAI
Address: 561 Shaw Avenue, Coquitlam, BC V3K 2R2 Location: Located along the northwest portion of Shaw Avenue, just west of Clayton Street. The property is improved with two, 2-storey wood frame buildings consisting of eleven (11) 2-storey townhomes with basements. Lot Details (approx.): Frontage on Shaw Avenue: 122 feet Depth: 280 feet Frontage on Lane: 112 feet Lot Area: 30,065 square feet or 0.69 acres Proposed Maximum Density: 2.3 FAR Municipality: Coquitlam
Land Use Details: The City of Coquitlam Official Community Plan designates the General Land Use for the property as Medium Density Apartment Residential under the Burquitlam Lougheed Neighbourhood Plan. The corresponding zones for Medium Density Apartment Residential allows an achievable maximum density of 2.3 FAR is proposed under the condition that parking requirements are met through an underground parkade. Medium Density Apartment Residential land use designations accommodates townhouse and apartment developments from three to eight storeys. Physical Details: The property is improved with two, 2-storey wood frame, stratified, residential buildings containing a total of 11 strata units constructed circa 1986.
DEVELOPMENT OPPORTUNITY
Buildable Lot Area (est.): 69,149.50 square feet Purchase Price: Please Contact Listing Agent(s)
Construction Year: 1986
site area
ROCHESTER
SHAW AVENUE
SPIRES ROAD
SHAW
SHAW AVENUE
EXPO MILLENNIUM LINE
LOUGHEED HIGHWAY
SUBJECT PROPERTY
zoning
Medium Density
RM-2 Three-storey medium-density apartment residential RM-3 Multi-storey medium-density apartment residential C-1 Local commercial (in accordance with SWCAP Policy CC14) P-5 Special Park
Apartment Residential
Figure 3: Floor Area Ratio (FAR) is used to measure density. Figure 3: Floor Area Ratio (FAR) is used to measure density. Figure 3: Floor Area Ratio (FAR) is used to measure density.
2.0 FAR 20,000 sq. ft. floor area (2.0 x 10,000 sq. ft. lot) 100% lot coverage = 2 storey height 2.0 FAR 20,000 sq. ft. floor area (2.0 x ,000 sq. ft. lot) 100% lot coverage = 2 storey height 2.0 FAR 0,000 sq. ft. floor area (2.0 x 10,000 sq. ft. lot) 10 % lot coverage = 2 storey heig t
2.0 FAR 20,000 sq. ft. floors area (2.0 x 10,000 sq. ft. lot) 50% lot coverage = 4 storey height 2.0 FAR 20,00 sq. ft. floors area (2.0 x 10,000 sq. ft. lot) 50% lot coverage = 4 storey height 2.0 FAR 0,000 sq. ft. floors area (2.0 x 10,000 sq. ft. lot) 50% lot coverage = 4 s orey height
10,000 sq. ft. lot
10,000 sq. ft. lot
10,000 sq. ft. lot
Figure 4: Land Use & Density Transition Figure 4: Land Use & Density Transition
Figure 4: Land Use & Density Transition
Station
Station
Station Station Station
Station
Station
General transition from higher density and high-rise buildings to low density and low-rise buildings Station Station Station Station Sta ion Station Station Station ta ion Station Station Station Station Station Station Station tation General transition from higher density and high-rise buildings to low density and low-rise buildings Station Station Station Station Station St tion Statio Sta ion Station Station Station t on Station Station Station Station Station Station Station Station tation Station General transition from higher density and high-rise buildings to low density and low-rise buildings Station Station Station Station Station Station t on Station Station Station Station Station Station Station tation Station Station Station Statio Sta ion Station Station Station
Land Use Designation Station Station Station S ti n
Station Station
Neighbourhood Attached Residential (Housing Choices)
Transit Village Commercial
Medium Density Apartment
High Density Apartment
One Family Residential RS-1, RS-3 18 units per hectare RS-1, RS-3 RS-1, RS-3 18 units per hectare 11 metres (2 storeys) One Family Residential One Family Residential 18 units per hectare 11 metres (2 storeys) 11 metres (2 storeys)
Townhouse
RT-1, RT-3 Neighbourhood Attached Residential (Housing Choices) Neighbourhood Attached Res dential (Housing Choices) RT-1, RT-3
Transit Village Commercial Transit Village Commercial
Medium Density Apartment Medium Density Apartment RM-2, RM-3 RM-2, RM-3 1.85 - 2.4 FAR
Land Use Designation Land Use Designation
None 3.0 - 4.0 FAR 3.0 - 4.0 FAR RM-4, RM-5, RM-6 High Density Apartment High Density Apartment RM-4, RM-5, RM-6
Townhouse
Zones Included
RM-4, RM-5, RM-6
RTM-1, RT-2, RM-2
Townhouse RTM-1, RT-2, RM-2 RTM-1, RT-2, RM-2
C-7, RM-6, RM-5
RM-2, RM-3
Zones Included Zones Included
C-7, RM-6, RM-5
4.5 Floor Area Ratio (FAR)
Maximum Density (FAR)
3.0 - 4.0 FAR
1.85 - 2.4 FAR
0.9 - 1.4 FAR 0.75 FAR RT-1, RT-3
None 4.5 Floor Area Ratio (FAR) 4.5 Floor Area Ratio (FAR) C-7, RM-6, M-5
Maximum Density (FAR) Maximum Density (FAR) Maximum Building Height Maximum Building Height
0.9 - 1.4 FAR 0.75 FAR
Maximum Building Height
8 storeys (3-8 storeys)
11 metres (2 storeys)
1.85 - 2.4 FAR
2-3 storeys 0.9 - 1.4 FAR 0.75 FAR
8 storeys (3-8 storeys) 8 storeys (3-8 storeys)
11 metres (2 storeys) 11 metres (2 storeys)
None
None
2-3 storeys
None
None
2-3 storeys
Adopted June 27, 2017 - Bylaw No. 4754, 2017
14
9.2 Burquitlam-Lougheed Neighbourhood Plan
Area and Neighbourhood Plans - Coquitlam Citywide Official Community Plan
Adopted June 27, 2017 - Bylaw No. 4754, 2017
Adopted June 27, 2017 - Bylaw No. 4754, 2017 14 9.2 Burquitlam-Lougheed Neighbourhood Plan
Area and Neighbourhood Plans - Coquitlam Citywide Official Community Plan
14
9.2 Burquitlam-Lougheed Neighbourhood Plan
Area and Neighbourhood Plans - Coquitlam Citywide Official Community Plan
COQUITLAM COLLEGE
LOUGHEED TOWN CENTRE
THE VANCOUVER GOLF CLUB
AUSTIN AVENUE
EVERGREEN LINE
EXPO MILLENIUM LINE
LOUGHEED TOWN CENTRE SKYTRAIN STATION
ROCHESTER AVENUE
SUBJECT PROPERTY
SHAW AVENUE
the neighbourhood Burquitlam is a vibrant, multicultural community along the North Road corridor between Coquitlam and Burnaby. Located five minutes south of Port Moody and 45 minutes east of downtown Vancouver this neighbourhood is conveniently located within walking distance to the Lougheed SkyTrain Station and is very close to Simon Fraser University. As one of the fastest growing regions in Metro Vancouver, the Burquitlam-Lougheed neighbourhood offers endless natural wonders boasting abundant parks and green space, along with local fitness amenities, easy Highway access and arts & cultural venues.
We look forward to working with you.
Jason Lai Personal Real Estate Corporation 778.996.1788 jlai@rennie.com rennie.com/jasonlai Ryan Wong Personal Real Estate Corporation 604.551.7966 rwong@rennie.com rennie.com/ryanwong John Tsai Personal Real Estate Corporation 604.603.0277 jtsai@rennie.com rennie.com/johntsai
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