359 IOCO ROAD, Port Moody
$1,988,000
This 9,704 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.
Opportunities to own a true landmark property on the desirable north shore of Port Moody are rare. Known as “The Little Blue Cottage,” this beautifully remodelled home offers 3 bedrooms plus a dedicated office that could serve as a 4th bedroom. Set on a massive 9,704 sq. ft. lot w/ subdivision potential & future Burrard Inlet views, this property is an exceptional opportunity for homeowners, investors & builders alike. Thoughtfully updated & full of character, it’s ideal to live in, hold, or rent while planning for the future. Enjoy an unbeatable location just steps to Rocky Point Park, Brewers Row, Suter Brook Village, Newport Village, Recreation Centre, library, hospital, shopping, & SkyTrain. A rare offering combining charm, convenience, lifestyle, & strong development potential.
How this price compares
This lot asks $205 per square foot of lot. That is about the same as the median of $203 across the 48 active lots VanPlex is showing in Port Moody, and puts it 26 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
- $1,988,000
- Lot size
- 9,704 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 4
- Bathrooms
- 1
- Year built
- 1935
- MLS® area
- North Shore Pt Moody
- MLS® number
- R3157146
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Listing data via MLS®. Displayed for information only.