1227 IOCO ROAD
Port Moody, BC V3H2W9
$2,850,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 11,894.12 square feet
- Frontage
- 70 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $11,517.64 (2025)
Interior
- Basement
- Finished, Unknown, Unknown
- Heating
- Forced air, Electric
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Exterior & Lot
- View
- View
Parking
- Total spaces
- 4
Listing Information
- MLS®
- R3153055
- Listed
- August 5, 2026
- Time on market
- On the market for 26 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Lions Gate Realty Ltd. · Data source: CREA DDF.
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 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:63159)
Values & Trends
This listing
$1,137/sqft
Building average
—
No other active listings in this building
Port Moody average
$714/sqft
96 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — Port Moody
Monthly figures from the Fraser Valley Real Estate Board for Port Moody detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,967,700
Jul 2026
Average Sale Price
$1,857,653
Jul 2026
Monthly Sales
15
Jul 2026
Active Listings
127
Jul 2026
Sales-to-Active Ratio
12.0%
Jul 2026
Median Days to Contract
14 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Pitt Meadows
18°C
—
Humidity 70%
Wind WSW calm km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
33,535
(2021 Census)
+0% since 2016
Density: 1,297.3/km²
Dwellings: 13,603
Median household income: $115,000
After-tax: $99,000
Immigrant population: 33.2%
Top countries of origin (% of total population)
- Korea, South3.5% · 1,160
- China3.4% · 1,145
- Iran3% · 990
- United Kingdom2.8% · 935
- United States of America1.6% · 530
- Hong Kong1.5% · 515
- Philippines1.3% · 430
- Romania0.9% · 290
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
1/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Pleasantside Elementary | Elementary | 694 m |
| Anmore Elementary | Elementary | 1.5 km |
| Eagle Mountain Middle School | Middle | 1.6 km |
| Heritage Woods Secondary | Secondary | 1.6 km |
| Heritage Mountain Elementary | Elementary | 2.2 km |
| Seaview Community School | Elementary | 2.3 km |
| Aspenwood Elementary | Elementary | 2.5 km |
| Moody Elementary | Elementary | 2.6 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Westbound Ioco Rd @ April Rd | — | 131 m |
| Eastbound Ioco Rd @ Alderside Rd | — | 180 m |
| Eastbound Ioco Rd @ 1100 Block | — | 189 m |
| Westbound Ioco Rd @ 1100 Block | — | 308 m |
| Westbound Ioco Rd @ Barber St | — | 665 m |
Nearby Places
Parks (4)
- Barber Street Park183 m
- Ron Little Park · 20 Elsdon Bay529 m
- Flavelle Park681 m
- Pleasantside Park773 m
Nearby places data: © OpenStreetMap contributors.
School district: Coquitlam (SD43)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($570,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.