3263 ULSTER STREET, Port Coquitlam
$4,200,000
This 28,304 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.
Over 28,000 sq ft in the heart of North side of Port Coq - this unique location is designated Neighbourhood Commercial, allowing for a range of redev options under the Community Commercial zoning. Options include retirement living, residential rental or condominium applications with commercial at grade and office, up to a maximum FAR of 1.5 and 4 storeys. Preliminary conversations with the City of Port Coquitlam indicate that the city may consider additional density and height for priority housing types. Surrounded by parks, trails, and the Coquitlam River, the area offers strong lifestyle appeal for future residents. With community amenities within a short walk, this location supports a wide range of end uses and positions the property in a growing, increasingly desirable submarket.
How this price compares
This lot asks $148 per square foot of lot. That is 16% below the median of $176 across the 81 active lots VanPlex is showing in Port Coquitlam, and puts it 18 of 81 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
- $4,200,000
- Lot size
- 28,304 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1960
- MLS® area
- Lincoln Park PQ
- MLS® number
- R3181997
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Listing data via MLS®. Displayed for information only.