2825 ST JOHN STREET, Port Moody
$2,825,000
This 7,399.47 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.
Attention investors and future planners. Opportunities like this do not come up often on St. Johns Street. One of the few older residential homes on the street, this property offers strong potential as a long-term hold with possible future development upside. The home is currently livable, making it a practical option to rent out, hold, or plan for the future while sitting on a massive property in a highly visible and evolving location.
How this price compares
This lot asks $382 per square foot of lot. That is 88% above the median of $203 across the 43 active lots VanPlex is showing in Port Moody, and puts it 41 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
- $2,825,000
- Lot size
- 7,399.47 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1954
- MLS® area
- Port Moody Centre
- MLS® number
- R3115129
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Listing data via MLS®. Displayed for information only.