Vancouver (And Coquitlam’s) Evergreen Line Category: First Time Buyer, Real Estate Agent, After several years of work, the much-anticipated Evergreen Line opened in December of last year. With it, B.C. now boasts the longest fully-automated rapid transit line in the world! Advantages of the Evergreen Line Fast, frequent, and convenient transit from Coquitlam to Vancouver via Port Moody and Burnaby Increases transportation choice and reduces auto useReduces travel time to and from work8,000 new jobs created About the Evergreen Line The 11km long SkyTrain rapid transit extends the SkyTrain network from Lougheed Town (Burnaby) Centre to Lafarge Lake-Douglas (Coquitlam). Travels a maximum operating speed of 80km/h15 minute ride from Lougheed Town Centre to CoquitlamFun Fact: At 79.6km, Vancouver’s SkyTrain system will become the longest fully grade-separated metro in Canada, surpassing the Toronto Subway system by several kilometres!The three-zone fare will cost $5.50By 2021, TransLink estimates that 70,000 people will use the Evergreen Line each day Six New Stations Burquitlam Station: east side of Clarke Road near Burquitlam PlazaMoody Centre Station: Port Moody transit exchange siteInlet Centre Station: North of Barnet HighwayCoquitlam Central Station: Coquitlam transit exchange siteLincoln Station: Northeast corner of Coquitlam CentreLafarge Lake-Douglas Station: East side of Pinetree Way Evergreen Route Description Lougheed/Burquitlam: The Evergreen Line will run north from Lougheed Town Centre Station. Burquitlam Station will be on the east side of Clarke Road near Burquitlam Plaza. Leaving Burquitlam Station, the line will cross to the west side of Clarke Road, before entering a tunnel towards Port Moody Port Moody: The Evergreen Line will emerge from the tunnel just east of Barnet Highway. It will travel at ground level along the south side of the CPR tracks to Moody Centre Station. Continuing east, the line will cross the CPR tracks just before Inlet Centre Station, located north of Barnet Highway. Coquitlam: The line will continue along the north side of the CPR tracks towards Coquitlam Central Station. Turning north, the line will run on an elevated guideway along the west side of Pinetree Way to Lincoln Station. It will then cross to the east side near Northern Avenue, before ending at Lafarge Lake-Douglas Station, north of Guildford Way. Funders Total Costs: $1.4 billion Province of British Columbia is contributing $583 millionGovernment of Canada is contributing up to $417 millionTransLink is contributing $400 million Community Growth The City of Coquitlam is emerging as one of Metro Vancouver’s hottest attractions for developers. City officials and developers indicate that when a rapid transit station is built nearby: Condo towers and apartments generally see a 5% increase in priceVacant lots that are zoned see a 25% increase in priceSingle-family detached homes can see values DOUBLE! Do you want to learn more about what’s happening in the real estate world around your neighbourhood? In this article, we talk about Coquitlam, Port Moody and others, but in many other articles, we look at other Vancouver and British Columbia interests. Please don’t hesitate to contact us if you have any questions. Continue Reading: Read Article Finalist - Canadian Mortgage Awards 2017 Category: First Time Buyer,Real Estate Agent,Renew Refinance, We are extremely proud, honoured and humbled to have been nominated and then chosen as a finalist in this year’s Canadian Mortgage Awards. The award category is for: Best Newcomer, Mortgage Broker Firm The award page can be found here. We’d like to thank all of our wonderful partners and clients. Thank you! The team at […] Read Article Read Article A Profile of Vibrant Burnaby Heights Category: Real Estate Agent, Burnaby Heights, or “The Heights” as it’s called, is a community in North Burnaby that’s lauded for its charm and accessibility. The area boasts stunning views, great parks and trails, mom and pop shops, and no shortage of delicious eateries. It’s the kind of place where everyone seems to know each other. The area is […] Read Article