138 Buckingham Drive, Port Moody

MLS®: R2314875
2887 Sq.Ft. 3 Baths 5 Beds 1965 Built

Description

INVESTOR ALERT! Located in Port Moody's city core with potential to be a part of a premier high-rise development site (neighbouring properties are assembled). The land use designates for a high-density residential built form in accordance with the "Coronation Park Neighbourhood Plan", the expected base density is approx. 2.5 FSR with bonus density potential. Large 9,400sf lot, 5-year-old roof. 5-15 mins walk to IGA, public library, coffee shops, banks, and Rocky Point Park. The Property is within 450m to Inlet Centre SkyTrain Station, a 35 min ride to DT Vancouver. Strong holding income with excellent return on sale for development. Please contact the City of Port Moody for guidance on acceptable densities for the area.

Taxes (2018): $10,807.03