Rare 5 acre Multi-Family Development Site Pitt Meadows, BC
19696 Hammond Road, Pitt Meadows, BC
Property Facts & Highlights
- This property now has a firm contract in place
- Comprehensive large scale development opportunity
- Zoned for Multi-family development
- Currently Improved with 36 townhouses
- Potential Holding Income
- Close to West Coast Express
Colliers is pleased to present the sale offering of a rare 5 acre multi-family development site on Hammond Road in Pitt Meadows. Currently improved with 36 stratified townhouse units, the property is zoned RM-1 Multi-Family Residential, which could support upwards of 120,000 square feet of developable area.
Pitt Meadows is a growing community that is surrounded by productive farmland yet is easily accessible via the Lougheed Highway, Highway 1, and the popular West Coast Express. Pitt Meadows is seeing strong demand for residential product, however due to the Agricultural Land Reserve, land for commercial and residential development is limited.