C$15,700,000

COURT-ORDERED SALE. Prime Port Moody development opportunity. This 1-acre site totals approximately 43,689.53 SF and is comprised of five single-family parcels along Saint Johns Street, positioned at the gateway to Port Moody's Urban Core. The site is designated Multifamily Residential under the City's OCP and falls within the Westport Local Plan, which currently supports low- to mid-density residential development with provisions for up to six storeys and 2.8 FSR. Given the property's strategic location, visibility, and proximity to key amenities and transit routes, the City has indicated openness to reviewing additional density up to 3.3 FSR through the redevelopment process. A rare opportunity to secure a significant land assembly in one of Port Moody's most active growth corridors. (id:41202)