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2115-2131 St. Johns St 1 Acre of Residential Land Offered at $11,700,722 USD in Port Moody, BC V3H 2A4
Investment Highlights
- Highly visible corner location at Barnet Highway and St. Johns Street with excellent access to major routes
- Close to Rocky Point Park, offering scenic trails and outdoor activities that enhance residential appeal
- Strong market fundamentals supported by Port Moody’s sustained population growth and development demand
- Situated within a rapidly growing waterfront community known for its cultural and recreational amenities
- Convenient access to public transit, schools, healthcare facilities, and retail services
Executive Summary
This site benefits from exceptional connectivity and proximity to key amenities, public transit, and arterial routes. Investors and developers may explore the possibility of negotiating additional density, potentially reaching an FSR of approximately 3.3, subject to municipal approvals. This positioning offers a compelling opportunity to create housing and community spaces that meet increasing demand in one of Metro Vancouver’s most desirable and high-growth corridors.
Property Facts
| Price | $11,700,722 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Proposed Use | Multifamily | |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Zoning | RS-1 - Residential | ||
| Price | $11,700,722 USD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.00 AC |
| Zoning | RS-1 - Residential |
1 Lot Available
Lot
| Price | $11,700,722 USD | Lot Size | 1.00 AC |
| Price Per AC | $11,666,178.43 USD |
| Price | $11,700,722 USD |
| Price Per AC | $11,666,178.43 USD |
| Lot Size | 1.00 AC |
43,689 square feet of redevelopment land for sale.
Description
Iconic Properties Group is pleased to present a prime development opportunity in Port Moody—a 1-acre (43,689.53 SF) wood-framed development site consisting of five single-family parcels along Saint Johns Street, at the gateway to the city’s Urban Core. This site is designated Multifamily Residential under the City’s Official Community Plan (OCP) and falls within the Westport Local Plan, which currently supports low- to mid-density residential development with zoning provisions allowing for buildings up to six storeys and an FSR of 2.8. Due to the site’s strategic location and proximity to key amenities and transportation routes, the City has indicated openness to negotiating additional density through the redevelopment process.
Presented by
2115-2131 St. Johns St
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