171 EDWARD CRESCENT, Port Moody
$1,149,900
This 6,820 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.
Step into this exceptionally cared-for bungalow and walk-out lower level in the core of Port Moody! Tucked away in a quiet cul-de-sac just a 6-minute walk to the SkyTrain, this property offers massive land value with future development potential. The 5-bed layout features spacious rooms and a fully finished 2-bed suite with a separate private entrance-perfect for large families or high-yield rental income. Enjoy seamless outdoor living with a huge enclosed deck, a sun-drenched sundeck, and a lower patio overlooking a newly landscaped, fenced level yard. The freshly paved driveway fits 4 cars plus a boat/RV. Just minutes from Rocky Point, breweries, and the elite Port Moody Secondary (IB) catchment. An incredible investment opportunity.
How this price compares
This lot asks $169 per square foot of lot. That is 17% below the median of $203 across the 43 active lots VanPlex is showing in Port Moody, and puts it 11 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
- $1,149,900
- Lot size
- 6,820 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1974
- MLS® area
- Port Moody Centre
- MLS® number
- R3144220
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Listing data via MLS®. Displayed for information only.