The City of Coquitlam strategically acquires and sells lands in a way that ensures maximum benefit to the community. Land-sale proceeds are reinvested in the community, with a portion of each sale set aside for future strategic purchases.
Coquitlam’s City Lands Division represents the City as land and property owner and provides advice and assistance in the leasehold and freehold purchase and sale of City-controlled real estate assets.
Please check this webpage periodically to view lands available for purchase.
Current City Land Sale Opportunities
The City of Coquitlam owns a number of properties, including commercial, industrial, mixed-use lots and residential development sites, that are periodically offered for sale. Our dedicated and professional City Lands team expertly guides prospective buyers and developers throughout the purchase process.
The City of Coquitlam’s City Land & Real Estate Division is pleased to release to market a pre-zoned 39,256 ft2 (3,647 m2) High Density Apartment parcel with 5.5 FAR (Max) of 100% market residential density. The City is selling 4.0 FAR of “market density” with the remaining 1.5 FAR of Bonus Density to be available through the City’s Bonus Density Program. The value of this Bonus Density will be established at the time of Development Permit approval and payable at the time of Building Permit. For more information access the Request for Offer document.
With a prime location a short walk from Lougheed Town Centre skytrain station and the future City of Lougheed shopping centre redevelopment, the subject site is well-positioned to benefit from the neighbourhood’s rapid growth. Bring your vision to life on this unique and exciting site in the heart of Burquitlam-Lougheed.
Sealed offers submitted in response to this RFO must be physically received by the City at the address below no later than 2 p.m. Pacific Standard Time, Wednesday, July 27, 2022.
All inquiries are to be directed in writing by email only, quoting "RFO 22-030 Sale of a High Density Apartment Residential Development Site at 560 Sydney Avenue, Coquitlam, B.C." to Lands and Properties Division.
The City of Coquitlam is now soliciting offers for the purchase of a single-family lot with the intent that construction of a single-family residence commences as soon as possible. The site is located within the City Centre Neighbourhood Area within walking distance of an elementary school and Hoy Creek Linear Park and Lafarge Park.
Legal Description: Lot B District Lot 386 Group 1 New Westminster District Plan LMP38316
Parcel Identifier: 024-175-129
Site Size: (+/-) 672.9 m2 or (7,243 ft2)
Sealed offers submitted in response to this RFO must be physically received by the City at the address below no later than 2 p.m. Pacific Standard Time, Monday, July 11, 2022.
All inquiries are to be directed in writing by email only, quoting “RFO No. 22-004 - Sale of a Single-Family Site at 1283 Michigan Drive, Coquitlam, B.C.” to: Lands and Properties Division
Privately-Owned Land
For privately-owned lots, prospective buyers are encouraged to contact a local area real estate agent for assistance or visit realtylink to view the Multiple Listing Service lot listings for the Coquitlam area.
City-Owned Properties for Lease
The City owns several parcels of land available to lease for temporary use purposes including trades parking and presentation centres. If you are interested in leasing City land please submit inquiries to the Lands and Properties Division.
The City of Coquitlam is pleased to bring 622 Kemsley Avenue to market for lease for the purposes of trades parking and or sales/marketing centre uses within the immediate market area and subject to Temporary Use application by the Leasee. Please contact Greg Hamilton Manager Real Estate 604-927-6958, or by email.
Land Management Principles
The City strives to create and maintain sustainable land-based resources, both land inventory and land reserve funds, for the benefit of the community now and in the future. Coquitlam’s City Lands team is guided by the following principles:
Strategically acquires and disposes of lands in a way that ensures maximum benefit to the community.
Establish and manage a long-term land-based resource within the existing Land Sales Reserve (LSR) fund to ensure the proceeds of the City’s land sales benefit the community.
Sets aside a portion of the ongoing land sale proceeds for the strategic acquisition and development of properties within Coquitlam.
Borrow internally from the LSR for projects that benefit the community, with re-payment of those proceeds over a pre-defined period of time with interest.
Actively pursue opportunities for Public-Private Partnerships as a means to achieve maximum benefit from City lands.
Land Development Updates
For more information on the latest in development of Coquitlam’s northeast sector, please review::