1551 LINCOLN AVENUE, Port Coquitlam
$1,950,000
This 6,667 sqft property in Port Coquitlam is a detached single-family home on a lot the new rules make suitable for a multiplex. Port Coquitlam applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The flat terrain keeps building costs predictable.
INVESTORS & DEVELOPERS ALERT! Exceptional opportunity with strong future potential. This property is currently under application for rezoning from RS1 to Institutional (P2) to facilitate a proposed 52-space childcare facility (buyer to verify). The application has progressed through key municipal stages, presenting a rare opportunity for daycare or institutional use (subject to final approvals). All costs related to rezoning, development, servicing, and any applicable City fees, levies, or charges shall be the sole responsibility of the Buyer. Well-maintained home offering 4 beds, 3 baths, and detached parking. deal to hold, rent, or occupy while planning future development. Located close to schools, shopping, and transit.Great holding property with income potential and significant upside.
How this price compares
This lot asks $292 per square foot of lot. That is 62% above the median of $180 across the 97 active lots VanPlex is showing in Port Coquitlam, and puts it 84 of 97 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
- $1,950,000
- Lot size
- 6,667 sqft
- Lot dimensions
- 54.65 x
- Frontage
- 54.65 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1945
- MLS® area
- Oxford Heights
- MLS® number
- R3119424
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Listing data via MLS®. Displayed for information only.