1237 IOCO ROAD, Port Moody
$2,400,000
This 11,230 sqft property in Port Moody is a detached single-family home on a lot the new rules make suitable for a multiplex. Port Moody follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The Evergreen Line stations widen where the higher counts apply.
Nestled on an expansive 11,000+ sq. ft. lot with approximately 69 feet of frontage, this unique property offers breathtaking water views and incredible potential under the new SSMUH zoning regulations. Whether you're considering subdividing, building a new residence, developing a multiplex, or exploring other permitted housing options, this site is perfect for your next project. The existing three-level character home is comfortable and highly livable, featuring four bedrooms upstairs, a formal living room, a parlour, and dining room options, along with numerous upgrades. Convenient access from Barber Lane adds to the ease of living while you plan your development. Outstanding opportunity and amazing view!. Located just 5 minutes from great schools, Bunzten Lake, and White Pine Beach
How this price compares
This lot asks $214 per square foot of lot. That is 5% above the median of $203 across the 43 active lots VanPlex is showing in Port Moody, and puts it 27 of 43 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,400,000
- Lot size
- 11,230 sqft
- Lot dimensions
- 69 x 165.00 x 77
- Frontage
- 69 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- Barber Street
- MLS® number
- R3152780
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.