Unique Opportunity to Purchase 3 Multifamily Buildings | Ladner London Pacific Property Agents Inc., is pleased to present the exclusive opportunity to acquire a multifamily building portfolio in beautiful Ladner, British Columbia. The portfolio includes three (3) multifamily buildings located at 4650, 4586 and 4552 Evergreen Lane with 14, 17 and 14 units, respectively. This 45-unit portfolio offers a savvy investor tremendous upside through management efficiencies, tenant turnover, and increased rental rates. The buildings are well-maintained with tremendous curb appeal and are situated on large square and rectangle lots that are advantageous for future redevelopment.
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Single Lot of Development Land in The Heart of SW Coquitlam Rare opportunity to purchase a large one-lot 0.9 acre land in the heart of Southwest Coquitlam, huge future redevelopment potential corner of Blue Mountain & Como Lake Ave highlighted as future Community Node from the Southwest Housing Review – Corridor. The Southwest Housing Review (SWHR) was approved by Council on June 22, 2020. The SWHR supports more affordable housing options in Southwest Coquitlam through a comprehensive multi-year planning effort with four workstreams which includes Developing a Corridor Development Strategy (CDS) for key arterial streets. The Corridor Strategy Vision is estimated to be released by the city in Q1- 2022
3 Lot Assembly in Marpole Neighbourhood The subject site is up to a three lot assembly with a gross area of 18,150 square feet within the South Vancouver neighbourhood of Marpole. The assembly has been pre-zoned RM-8N as a City of Vancouver initiative and will not require a rezoning application; the applicant will only require a development permit application. The RM-8N zoning bylaw encourages development of ground-oriented townhomes, stacked townhomes or rowhomes, up to three storeys, and at a maximum density of 1.2 FSR.
Loggers East Neighbourhood Rural/Low-Density Development Opportunity (4 parcel assembly) The subject site represents an incredible opportunity to acquire 173,800 square feet of assembled developable multifamily land. Designated “Rural/Low-Density Multifamily”, a successful purchaser can build to a maximum of 24 UPA as “ground-oriented housing” or 32 UPA as “three to four storey apartment” and as further defined under the adopted policy (see Section 5.2 Base Density and Bonus Density of Loggers East Neighbourhood plan for further details and development guidelines). The subject site was purchased with 1027 Finch Drive and 1044 Finch Drive as a four-parcel assembly. Housing forms supported in the Rural/MF area include townhouses, small duplexes, stacked townhouses and other ground-oriented housing. Apartments up to 3-4 storeys will be considered if compatible with the character of the neighbourhood and adjacent uses.
Loggers East Neighbourhood Rural Low Density Multifamily Development Opportunity The subject site represents an incredible opportunity to acquire a 91,040 square feet parcel of developable multifamily land. Designated “Rural/Low-Density” Multifamily, a successful purchaser can build to a maximum of 24 UPA as “ground-oriented housing” or 32 UPA as “three to four storey apartment” and as further defined under the adopted policy (see Section 5.2 Base Density and Bonus Density of Loggers East Neighbourhood plan for further details and development guidelines). The subject site can be purchased with 1033 Raven Drive and 1039 Raven Drive. Housing forms supported in the Rural/MF area include townhouses, small duplexes, stacked townhouses and other ground-oriented housing. Apartments up to 3-4 storeys will be considered if compatible with the character of the neighbourhood and adjacent uses.
Oakdale, Burquitlam Neighbourhood Transit Oriented 6 Storey Development Opportunity The subject site is designated as “Medium Density Apartment Residential” through the Burquitlam Lougheed Neighborhood Plan (BLNP), specifically RM-3. This premier site is fronting Kemsley Ave, Harrison Ave and Elmwood St, and is within walking distance to the Burquitlam Skytrain Station, future YMCA, and multiple commercial amenities. Elmwood, Kemsley & Harrison Avenue presents an incredible opportunity for vibrant condo living. $3 CAC is applied to all density over and above existing residential to a maximum of 2.4 FSR and allows for a maximum 8 storeys. Permitted forms of construction include 4 to 6 storey woodframe with underground parkade, or 7 to 8 storey concrete with underground parkade. The BLNP (Burquitlam Lougheed Neighborhood Plan) was fully adopted as of June 26, 2017. The Oakdale Planning Area Designations were approved and adopted into the BLNP on Feb 24, 2020, receiving unanimous support from the city council. All future developments within Oakdale shall be guided by the BLNP (Burquitlam Lougheed Neighbourhood Plan) and related official documents.