1951 1953 DORSET AVENUE, Port Coquitlam
$1,449,000
This 6,956 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.
EXCEPTIONAL INVESTMENT AND DEVELOPMENT OPPORTUNITY IN GLENWOOD! Existing legal duplex situated on a generous corner lot of nearly 7,000 sq.ft. 3rd Reading has been granted for rezoning to facilitate subdivision into TWO RS4 LOTS, with Tentative Approval also received for the proposed 2 lot subdivision. Proposed Lot A is approximately 3,597 sq.ft. and Lot B approximately 3,262 sq.ft. The existing duplex offers approximately 1,600 sq.ft. with 4 bedrooms and 2 bathrooms, providing holding and income potential while the development process proceeds. Strong land value and significant future redevelopment potential for builders, developers and investors. Excellent Glenwood location close to schools, shopping, parks, transit and major routes.
How this price compares
This lot asks $208 per square foot of lot. That is 21% above the median of $172 across the 93 active lots VanPlex is showing in Port Coquitlam, and puts it 67 of 93 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
- $1,449,000
- Lot size
- 6,956 sqft
- Lot dimensions
- 73.8 x 94.25
- Frontage
- 73.8 ft
- Bedrooms
- 4
- Bathrooms
- 1
- Year built
- 1958
- MLS® area
- Glenwood PQ
- MLS® number
- R3156467
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Listing data via MLS®. Displayed for information only.