2441 MARY HILL ROAD, Port Coquitlam
$1,650,000
This 3,680 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.
Prime land assembly opportunity at 2441 Mary Hill Rd in Port Coquitlam, just steps to transit, schools, parks, and the local library. One of only four properties on the block, offering strong long-term redevelopment potential. According to the City of Port Coquitlam, the property is zoned RA2, allowing for future apartment/multi-family development up to 30m in height and 2.5 FAR, subject to rezoning and City approval. Portions of the area are also within the Transit-Oriented Area (TOA) and Frequent Transit Development (FTD) zone under the OCP, with potential for increased density up to 3.0 FAR and up to 8 storeys, subject to Provincial guidelines. Rare opportunity for investors and developers. Buyers to verify all details with the City.
How this price compares
This lot asks $448 per square foot of lot. That is 149% above the median of $180 across the 97 active lots VanPlex is showing in Port Coquitlam, and puts it 96 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
- $1,650,000
- Lot size
- 3,680 sqft
- Lot dimensions
- 33 x 111.5
- Frontage
- 33 ft
- Bedrooms
- 2
- Bathrooms
- 0
- Year built
- 1914
- MLS® area
- Central Pt Coquitlam
- MLS® number
- R3126769
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Listing data via MLS®. Displayed for information only.