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Westwood Development 3 Multifamily Properties in Coquitlam, BC



Investment Highlights
- Fully assembled 2.53-acre site in Coquitlam City Centre.
- Designated for high-density residential or mixed-use development under the City Centre Area Plan.
- Surrounded by key amenities including Coquitlam Centre Mall, Douglas College, and Lafarge Lake.
- Less than 200 meters from Lincoln SkyTrain Station for rapid regional access.
- Minimum 5.0 FAR with strong redevelopment precedent in the immediate area.
- Full strata cooperation secured for a streamlined acquisition process.
Executive Summary
This offering presents a fully assembled 2.53-acre development site in the heart of Coquitlam City Centre, one of Metro Vancouver’s fastest-growing urban hubs. The property comprises three full-strata buildings located at 1148 Westwood Street, 1154 Westwood Street, and 1175 Heffley Crescent, positioned less than 200 meters from Lincoln SkyTrain Station. This transit-oriented location ensures exceptional connectivity to downtown Vancouver and the broader region, while also benefiting from proximity to Coquitlam Centre Mall, Douglas College, City Hall, and Lafarge Lake.
Designated under the City Centre Area Plan for high-density residential or mixed-use redevelopment, the site offers a minimum 5.0 FAR and strong redevelopment precedent with nearby towers exceeding 40 storeys. Full strata cooperation has been secured, creating a rare turnkey opportunity for large-scale, high-rise development. With adjacency to city-owned lots and a vibrant surrounding community, this property is ideally suited for developers seeking to capitalize on Coquitlam’s rapid growth and demand for urban living.
Designated under the City Centre Area Plan for high-density residential or mixed-use redevelopment, the site offers a minimum 5.0 FAR and strong redevelopment precedent with nearby towers exceeding 40 storeys. Full strata cooperation has been secured, creating a rare turnkey opportunity for large-scale, high-rise development. With adjacency to city-owned lots and a vibrant surrounding community, this property is ideally suited for developers seeking to capitalize on Coquitlam’s rapid growth and demand for urban living.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 114,652 SF |
| Number of Properties | 3 | Total Land Area | 2.55 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 114,652 SF |
| Total Land Area | 2.55 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Classics
1148 Westwood St, Coquitlam, BC V3B 7M5 |
Multifamily | 50,610 SF | 1992 | - |
|
Emerald Court
1154 Westwood St, Coquitlam, BC V3B 7J1 |
Multifamily | 36,709 SF | 1990 | - |
|
Park Manor
1175 Heffley Cres, Coquitlam, BC V3B 7J2 |
Multifamily | 27,333 SF | 1990 | - |
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Westwood Development
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