120 APRIL ROAD, Port Moody
$2,099,000
This 7,368 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.
OCEAN VIEWS. New RS1-S Zoning. Unlimited Potential. Rare opportunity to acquire a premier Port Moody property minutes from Old Orchard Park, Rocky Point, and White Pine Beach featuring unobstructed ocean views and newly approved multi-unit residential zoning. Positioned to capture breathtaking water views, this property offers exceptional redevelopment potential for builders, developers, investors, and visionaries alike. The existing home is a classic 1970s West Coast Contemporary and may provide holding value; however, the true value lies in the land, views, and future possibilities. Opportunities combining development potential with panoramic ocean views are exceptionally rare. Invest in the view. Build the future.
How this price compares
This lot asks $285 per square foot of lot. That is 40% above the median of $203 across the 48 active lots VanPlex is showing in Port Moody, and puts it 40 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
- $2,099,000
- Lot size
- 7,368 sqft
- Lot dimensions
- 60 x 122.8
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1976
- MLS® area
- Barber Street
- MLS® number
- R3163519
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Listing data via MLS®. Displayed for information only.