56 detached-house lots in Port Moody sells for $157.2 Million

1 Dec 22

56 detached-house lots in Port Moody sells for $157.2 Million

Port Moody 14.8-acre land assembly closes at $157.2 million Western Investor Staff Western Investor Assembly sale composes 56 detached-house lots in Coronation Park neighbourhood proposed for high-density mixed-used development London Pacific Property Agents, Vancouver, for Western Investor Property type: Development land assembly Location: Coronation Park neighbourhood, Port Moody, B.C. Number of units: 56 (detached houses) Land size: 14.8 acres Sale price: $157.2 million (includes 3 lot sales that closed separately) Date of sale closing: September 30, 2022 Buyer: Wesgroup Properties, Vancouver Brokerage: London Pacific Property Agents Inc., Vancouver Brokers: Grant Gardner and Thomas Trowbridge, assisted by Dean Andag and Jerry H. Lee. © 2022 Western Investor