Exceptional development opportunity in prime Port Moody! This ~11,800 sq.ft. lot includes a development proposal for a 2-unit (duplex-style) dwelling while retaining the existing residence, creating a rare multi-dwelling configuration. Plans allow for approx. 4,227 sq.ft. of new construction with two side-by-side units, each offering 3 levels, private garages, and well-designed layouts with multiple bedrooms and living areas. The existing home, approx. 3,000 sq.ft., is well-positioned on the lot and provides immediate rental income, holding value, or integration into the final development. Efficient site planning with strong frontage, favorable setbacks, and attractive density (FSR ~0.61) maximizes buildable potential. A unique opportunity to develop, hold, or create multiple income-producing residences on one property. (id:65546)
| Address | 1227 IOCO ROAD, Port Moody, British Columbia |
| MLS® Number | R3153055 |
| Type of Dwelling | House |
| Style of Home | 2 Level |
| Price | $2,850,000 |
| Area | Port Moody |
| Sqft. | 2,506 |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Year Built | 1940 |
| Lot Size | 11,894 |
| Lot Dimensions | 11894.12 |
| Postal Code | V3H2W9 |
| Tax Amount | $11,518 |
| Tax Year | 2025 |
| Basement | Finished, Unknown, Unknown |
| Fireplaces | 2 |
| Heating | Forced air, Electric |
| Cooling | Air Conditioned |
| View | View |
