311 MOUNT ROYAL DRIVE, Port Moody
$1,399,000
This 10,460 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.
Excellent investment and future redevelopment opportunity on a 10,000+ sq.ft. lot! The upper level offers a functional layout with 4-bedroom potential and 3 full bathrooms. The lower level includes a stove, refrigerator, washer and dryer, plus a distinctive Roman-style bathroom. With thoughtful updates and potential garage conversion, this versatile home offers flexible living arrangements and added rental potential.
How this price compares
This lot asks $134 per square foot of lot. That is 34% below the median of $203 across the 48 active lots VanPlex is showing in Port Moody, and puts it 3 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
- $1,399,000
- Lot size
- 10,460 sqft
- Lot dimensions
- 77 x
- Frontage
- 77 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1956
- MLS® area
- College Park PM
- MLS® number
- R3162907
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.