Description

Prime land assembly opportunity at 2441 Mary Hill Rd in Port Coquitlam, just steps to transit, schools, parks, and the local library. One of only four properties on the block, offering strong long-term redevelopment potential. According to the City of Port Coquitlam, the property is zoned RA2, allowing for future apartment/multi-family development up to 30m in height and 2.5 FAR, subject to rezoning and City approval. Portions of the area are also within the Transit-Oriented Area (TOA) and Frequent Transit Development (FTD) zone under the OCP, with potential for increased density up to 3.0 FAR and up to 8 storeys, subject to Provincial guidelines. Rare opportunity for investors and developers. Buyers to verify all details with the City. (id:65546)