Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Port Moody

1227 Ioco Road

Port Moody, BC V3H2W9

$2,850,000

62 days on market

Bedrooms
4
Bathrooms
4
Floor area
2,506 sq ft
Type
House
Year built
1940
Parking
4
Taxes
$11,517.64 (2025)
MLS®
R3153055

About this home

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.

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Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$12,619
Strata fee$0
Property taxannual ÷ 12$960
Est. monthly total$13,579
Down payment + BC property transfer taxbefore any first-time buyer exemption$633,500

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Listing courtesy of Royal Pacific Lions Gate Realty Ltd. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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