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Investment Highlights

  • Amenity rich location, walking distance to lafarge lake skytrain station
  • Future zoning Bill-47 (TOA) Tier 3 up to 3.0 FSR
  • ~131,790 SF (3.03 acres), Current zoning RM-1

Executive Summary

Klein Group presents a strategic strata redevelopment opportunity at 2978 Walton Avenue, Coquitlam, offering approximately 131,790 SF (3.03 acres) in a highly accessible, amenity-rich location. The property is within walking distance of Lafarge Lake–Douglas SkyTrain Station, Coquitlam Centre, Douglas College, parks, shopping, dining and community services. The site is currently zoned RM-1 and designated Low Density Apartment Residential in the Official Community Plan. Located within a Tier 3 Transit-Oriented Area under Bill 47, the property may support redevelopment of up to approximately 3.0 FSR, subject to strata approvals, municipal review and all required development approvals. An attractive opportunity for developers pursuing a coordinated strata assembly and multifamily redevelopment strategy.

Property Facts

Sale Type Investment
No. Units 51
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 3.03 AC
Building Size 69,436 SF
No. Stories 2
Year Built 1988
Zoning RM-1 - RM-1 zoning

Amenities

Site Amenities

  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 51 - -
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
  • Listing ID: 41305158

  • Date on Market: 7/15/2026

  • Last Updated:

  • Address: 2978 Walton Av, Coquitlam, BC V3B 6V6

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