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Gross Property Tax
Shopping Centre, Street-Level Storefront, Strip Mall
# of Elevators
Handicap Access/Facil, Storefront
Permitted Land Use
Coquitlam Square in the heart of Coquitlam Centre - High-rise Site up to 6 FSR potential. Current improvements consists of 2 retails/office buildings with excellent holding income. The Lands development potential to its highest and best use provides a prime opportunity to work with the City to maximize density. The existing Official Community Plan (OCP) designates the land as General commercial, C-2 a zone designated to accommodate shopping centres and lower densities. Discussions with City planners in January 2020, there is a draft OCP plan being considered that accommodates higher mixed use densities due to the recent Evergreen line expansions and rapid transit stations. Given the upcoming proposed changes to City Centre Commercial zone indicated in the draft revised OCP , it is envisioned that the subject property will benefit from this up-zoning to a minimum C-4 zoning designation.MLS® Number C8031663
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- The amounts shown above are for information purposes only and do not include taxes, if applicable.
- You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
- This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
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