2155 GRANT AVENUE, Port Coquitlam
$1,499,000
This 9,191 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.
Exceptional land assembly opportunity for future low-rise residential development. The combined site is currently zoned RA1 (Residential Apartment 1) with a total land area of over 27,500 sq. ft. The zoning permits a base FAR of 1.5, allowing approximately 41,000 sq. ft. of buildable area, with the potential to increase to 2.0 FAR (approximately 55,000 sq. ft.) through density bonus provisions. Opportunity to obtain CMHC Financing. Ideally located near Gates Park, Veterans Park, Lions Park, Riverside Secondary, Central and Mary Hill Elementary Schools, Costco, major grocery stores, restaurants, coffee shops, and other everyday amenities. A prime redevelopment opportunity in a highly desirable and growing location. For detail info contact us.
How this price compares
This lot asks $163 per square foot of lot. That is 10% below the median of $180 across the 97 active lots VanPlex is showing in Port Coquitlam, and puts it 34 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
- $1,499,000
- Lot size
- 9,191 sqft
- Lot dimensions
- 62 x
- Frontage
- 62 ft
- Bedrooms
- 4
- Bathrooms
- 0
- Year built
- 1959
- MLS® area
- Glenwood PQ
- MLS® number
- R3144698
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Listing data via MLS®. Displayed for information only.