$2,850,000

1227 IOCO ROAD, Port Moody BC V3H 2W9

4 Beds 4.0 Bath 2,506 Sq Ft Built 1940

Detached

Listed by: Royal Pacific Lions Gate Realty Ltd..

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Description

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 functional layouts. The existing ~3,000 sq.ft. home is well positioned and provides immediate rental income or holding value. Efficient site planning with favorable setbacks and approx. 0.61 FSR maximizes density and future potential. Open House By Appointment

Location

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Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	4
Bathrooms	4.0
Living Area	2,506 sq ft
Lot Size	11,894 sq ft
Year Built	1940
Stories	2.0
Listing ID	R3153055

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1227 IOCO ROAD, Port Moody BC V3H 2W9
MLS® R3153055 · $2,850,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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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 assume no responsibility for its accuracy.

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