C$1,588,000

William Wright Commercial is proud to present the opportunity to acquire prime development land within the Burquitlam-Lougheed Neighbourhood Plan, designated for medium-density residential apartments with a density of up to 2.5 FSR Currently zoned R-3, permitting fourplex development, the property offers flexibility to pursue a fourplex project or hold for a potential future land assembly. With six-storey developments nearby and an asking price substantially below its BC Assessment value, this offering presents an attractive opportunity for builders, developers, and investors. Buyers should independently verify all zoning, density, development potential, and approval requirements with the City of Coquitlam.