1132 ALDERSIDE ROAD, Port Moody
$2,580,000
This 3,288 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.
Unique waterfront property showcasing a marina port, private dock, and deep-water access suitable for large yacht. You can park your yacht right outside your house, this is not just a beach house! This prime location presents a plethora of opportunities including building your dream coastal home, investing in a lucrative Airbnb or vacation rental, or simply enjoying recreational activities such as fishing and kayaking from your own waterfront access. The current tenant offers immediate income, allowing you to strategize your future plans. Whether you choose to live on the property, utilize it as a rental income source, or embark on a reconstruction project, this exceptional waterfront property offers a distinctive lifestyle and investment prospect.
How this price compares
This lot asks $785 per square foot of lot. That is 286% above the median of $203 across the 48 active lots VanPlex is showing in Port Moody, and puts it 48 of 48 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
- $2,580,000
- Lot size
- 3,288 sqft
- Lot dimensions
- 35.29 x 93.17
- Frontage
- 35.29 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1960
- MLS® area
- North Shore Pt Moody
- MLS® number
- R3167580
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only.