1/2 421 CAMPBELL ROAD, Port Moody
$2,650,000
This 23,373.83 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.
RARE PORT MOODY DEVELOPMENT OPPORTUNITY! Over ½ an acre in the highly sought-after North Shore Pleasantside neighbourhood, with subdivision into THREE residential lots now in the final stages of approval. An exceptional opportunity for builders, developers, investors, or families looking to create a multi-generational legacy property. Backing onto City-owned land, the property enjoys a private, green setting with a natural buffer surrounding much of the site. Its elevated position also creates STUNNING WATER VIEWS through future redevelopment. The location is outstanding - walk to the Shoreline Trail, Rocky Point Park, Newport Village, Port Moody Recreation Complex, civic amenities, schools and more!
How this price compares
This lot asks $113 per square foot of lot. That is 45% below the median of $205 across the 43 active lots VanPlex is showing in Port Moody, and puts it 2 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
- $2,650,000
- Lot size
- 23,373.83 sqft
- Lot dimensions
- 54.05 x 40.248
- Frontage
- 177.33 ft
- Bedrooms
- 1
- Bathrooms
- 1
- Year built
- 1930
- MLS® area
- North Shore Pt Moody
- MLS® number
- R3155637
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Listing data via MLS®. Displayed for information only.