COURT-ORDERED SALE. Prime Port Moody development opportunity. This 1-acre site totals approximately 43,689.53 SF and is comprised of five single-family parcels along Saint Johns Street, positioned at the gateway to Port Moody's Urban Core. The site is designated Multifamily Residential under the City's OCP and falls within the Westport Local Plan, which currently supports low- to mid-density residential development with provisions for up to six storeys and 2.8 FSR. Given the property's strategic location, visibility, and proximity to key amenities and transit routes, the City has indicated openness to reviewing additional density up to 3.3 FSR through the redevelopment process. A rare opportunity to secure a significant land assembly in one of Port Moody's most active growth corridors.
| Structures | Land Only |
|---|
| Price | $16,200,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 1.003 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 330 |
| MLS® # | R3130995 |
| Area | Port Moody |
| Neighbourhood | Port Moody Centre |
| City | Port Moody |
| Postal Code | V3H 2A4 |
| Gross Taxes | $49,647.22 |
| Zoning | RS1 |
Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Comparable data is unavailable at the neighbourhood level. City-wide in Port Moody, similar properties average $6,546,667 across 2 active listings — this listing is 147.5% above the Port Moody average.
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