22 unit slab on grade townhouse site on Burke Mountain
4105 Cedar Drive, Coquitlam, Partington Creek
$8,600,000

Overview
Adam Lawrence Personal Real Estate Corporation and Justin Mitchell Personal Real Estate Corporation present the exclusive opportunity to acquire a slab-on-grade townhouse site on Burke Mountain. Considerable development work has already been completed on the site, with the project expected to receive Third Reading approval for 22 townhouse units in Q2 2025.
The project consists of 22 three-bedroom townhomes ranging from 1,523 to 1,875 square feet. Each unit features side-by-side garages and rooftop decks, offering a layout that balances multi-family living with single-family-style amenities and comfort. The site is adjacent to a protected SPEA area and overlooks agricultural land to the east, providing permanent views and privacy for future residents. With approvals well advanced, the buyer will be positioned to secure building permits before increased ACC and DCC charges take effect in mid-2026.
The Burke Mountain market has demonstrated exceptional price growth and absorption for townhouse projects, especially since 2020. This market has also proven resilient in the face of the current residential slowdown, with recent launches seeing rapid absorption upon release. Burke Mountain is one of the few areas in Metro Vancouver where greenfield development is occurring, allowing for substantial placemaking opportunities on a scale not seen in most municipalities. Developers and homeowners in this area will realize the enormous upside of their investments as the community continues to grow and mature.
Please contact the listing agent for access to the data room of additional information. Buyers are to satisfy themselves with all due diligence materials and municipal correspondence. Offers will be reviewed as received from interested parties.
LOCATION
Set in nature, Burke Mountain is one of the most incredible locations in the Lower Mainland. Tree-lined trails, tranquil creeks, and stunning views east toward the Fraser Valley and Mount Baker add tremendous value to this location—and many developers have taken notice. Successful townhouse development projects by Mosaic Homes, Infinity Properties, Polygon Homes, Paddington Properties, Townline, and many other notable developers have already taken shape or been completed nearby.
The Subject Property benefits from one of the best locations on Burke Mountain, offering immediate access to natural amenities like the PoCo Traboulay Trail and Minnekhada Regional Park. The site is also far enough removed for tranquility, yet still conveniently close to urban amenities, shops, and services in Coquitlam City Centre—including the SkyTrain—which are only a short drive or shuttle bus ride away.
The site is located within 700 meters of the future Burke Mountain Village, which will become the commercial and social hub of the community. Once complete, Burke Mountain Village will feature a new recreation centre, public plaza, 120,000 square feet of commercial space, and a 3.6-acre public park. In addition, construction has now begun on the new Burke Mountain middle/secondary school, located a short distance from the Subject Property. Several recently opened elementary schools are also in the immediate neighbourhood.
Financials
Financing | Treat as Clear Title | |
---|---|---|
Assessment 2025 | Land Building Total | Land$6,207,000 Building$10,000 Total$6,217,000 |
Taxes 2024 | $31,537.05 |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Adam Lawrence
Personal Real Estate Corporation
adam@goodmanreport.com
(604) 999 4906
Justin Mitchell
Personal Real Estate Corporation
justin@goodmanreport.com
(604) 551 4751
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Adam Lawrence
Personal Real Estate Corporation
adam@goodmanreport.com
(604) 999 4906
Justin Mitchell
Personal Real Estate Corporation
justin@goodmanreport.com
(604) 551 4751
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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