1160 Tuxedo Dr, Port Moody, BC | MLS® R3024653 Property Details

23.67% cheaper than comparables

Welcome to PORT MOODY, CITY OF THE ARTS. An Incredible Development Opportunity for a 3-4 Unit SSMUH project on this 6000 SF build-ready lot. Located in desirable College Park, this property offers endless possibilities for builders & developers. Imagine constructing 3-4 luxurious units all within minutes of Rocky Point, Skytrain and Port Moody City Centre. This fabulous location is close to Lougheed town centre and a quick drive to DT Vancouver. Build your dream home or a mulitplex. Don’t miss out on this extraordinary chance to create something remarkable. Package available. Best priced multiplex lot in Port Moody.

General Info

Price $1,299,000

Total Bedrooms -

Total Bathrooms -

Half Bathrooms -

Floor Area Total (sqft) -

Lot Size 5982

Lot Size Depth Feet

Lot Size Frontage 51

Basement Features BasementFeatures

Property Metrics

Year Built -

Age Of Building -

Building Type -

Property Type Land

Stories -

Building Features BuildingFeatures

Structures Land Only

Additional Details

MLS # R3024653

Area Port Moody

Neighbourhood College Park PM

City Port Moody

Gross Taxes $3,998.83

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Near Shopping

Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available

Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning RES

Rental Suites -

# of Kitchens -

Locker -

View -

View Description -

Units In Development -

Property History

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Status	Date	Price

Listed by: Royal LePage West Real Estate Services

NOTE: 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 assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary

Mediated Learning Academy

1.56 km

No Rating

Elementary, Secondary

Mediated Learning Academy

1.56 km

No Rating

Closest Transit

Translink

Southbound Cecile Dr @ Angela Dr

0.15 km

Your Dream Home Awaits in College Park, Port Moody

As we step into the vibrant community of College Park, Port Moody, you'll discover a haven that offers the perfect blend of tranquility and excitement. Let's start our journey with the esteemed Mediated Learning Academy, the closest Elementary independent school to 1160 Tuxedo Drive (MLS® R3024653). This exceptional institution boasts a 'No Rating' yet, its proximity (1.56 km) and reputation make it an attractive option for families.

Moving on, we have Mediated Learning Academy, the closest Secondary independent school to 1160 Tuxedo Drive, also with a 'No Rating.' Its distance from the property is the same - 1.56 km.

Safety and Security: A Top Priority

According to the freshest crime data from Statistics Canada (2020), the neighbourhood surrounding 1160 Tuxedo Drive, Port Moody, BC, experiences a Low crime rate of 3,319.96. In comparison to other Canadian cities, this rate is also Low. What's more, the year-by-year change in the total crime rate is a remarkable -10.52%. This decrease in crime rate demonstrates the area's commitment to maintaining a safe and secure environment.

Breaking down the crime statistics further, we see that the drug crime rate is Average, with a rating of 170.69. This translates to 60 illegal substances lawbreaking disturbances in 2020, a decrease of -13.97% in the year-by-year change in the illegal substances offences ranking. When it comes to property crimes, the neighbourhood surrounding 1160 Tuxedo Drive (MLS® R3024653) is considered Low, with a rating of 1,655.71 and 582 incidents in 2020. This represents a notable decrease of -14.48% in the property misconduct rate year by year. Lastly, the violent crime rate stands at 605.96, a Low rate compared to other BC municipalities, with a -5.83% year-by-year change.

Getting Around: Convenience and Accessibility

For those who value convenience, the Southbound Cecile Dr @ Angela Dr bus station is just 0.15 km away from 1160 Tuxedo Drive (MLS® R3024653). This proximity makes commuting a breeze.

Demographics: A Thriving Community

The neighbourhood surrounding 1160 Tuxedo Drive, Port Moody, BC, boasts an impressive 30.2% of residents with a university certificate or degree, placing it Above Average in comparison to other BC neighbourhoods. Conversely, 14% of the population in this area has no certificate or degree, which is Below Average. This dichotomy highlights the community's diversity and educational opportunities.

Moreover, the median household income in this area is a respectable $94,912, positioning it High compared to the British Columbia average. The median personal income is $39,232, also Above Average in comparison to the BC average. Notably, 56.6% of households in this census subdivision have a mortgage, which is Average.

Unemployment and Growth

The unemployment rate in the area surrounding 1160 Tuxedo Drive (MLS® R3024653) is a low 6.3%, placing it Below Average compared to other province neighbourhoods. The population growth rate between 2011 and 2016 was -0.5%, which is Below Average in comparison to the average growth rate of this region. This suggests a relatively stable and established community.

Lifestyle and Amenities

The community surrounding 1160 Tuxedo Drive, Port Moody, BC, boasts a population density of 3,241.4 people per square kilometre, which is Above Average. The average family size in the area is 3.1, also Above Average, and 69.2% of families have children, positioning it Above Average. Furthermore, 61.8% of residents are married or living in common-law relationships, which is Above Average.

In terms of age, the average population close to 1160 Tuxedo Drive is 38.2 years, which is Below Average in comparison to other BC cities.

Real Estate and Ownership

The average value of dwellings in this neighbourhood is a substantial $910,749, positioning it High compared to other areas in British Columbia. Average owner payments are Above Average in the area surrounding 1160 Tuxedo Drive, with owners spending $1,547 on average for their dwellings. Tenants, on the other hand, pay $1,461, which is High compared to other cities.

Notably, 36.2% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

Language and Transportation

The percentage of English and French speakers around 1160 Tuxedo Drive, Port Moody

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