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:17816)
| MLS® Number | R3100984 |
| Property Type | Single Family |
| Amenities Near By | Recreation |
| Parking Space Total | 4 |
| Storage Type | Storage Shed |
| View Type | View |
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Appliances | All |
| Architectural Style | 2 Level |
| Basement Development | Finished |
| Basement Features | Unknown |
| Basement Type | Unknown (finished) |
| Constructed Date | 1940 |
| Construction Style Attachment | Detached |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Fuel | Electric |
| Size Interior | 2,506 Sqft |
| Type | House |
| Acreage | No |
| Land Amenities | Recreation |
| Size Frontage | 70 Ft |
| Size Irregular | 11894.12 |
| Size Total | 11894.12 Sqft |
| Size Total Text | 11894.12 Sqft |
https://www.realtor.ca/real-estate/29483766/1227-ioco-road-port-moody
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