Positioned at the transition between Clarke Road and St. Johns Street, 1031–1089 Cecile Drive presents a rare opportunity to acquire a 3-acre multifamily redevelopment site in the heart of Port Moody. Comprising 30 strata units, this strata wind-up offering is ideally suited for developers seeking to capitalize on the city’s evolving land use policies and growing demand for sustainable, transit-oriented housing.
The site is currently zoned RM-3 and designated for Multi-Family Residential use under the Official Community Plan (OCP), with potential for a six-storey wood-frame development. With Port Moody’s OCP update (Port Moody 2050) set to resume public engagement in early 2025, the property is well-positioned for increased density and height allowances in response to provincial housing legislation. This strategic timing enhances the site’s long-term redevelopment potential.
Located within minutes of key transit nodes including the Evergreen Line’s Moody Centre and Inlet Centre stations, the property benefits from excellent regional connectivity. Nearby destinations such as SFU (4 minutes), Burquitlam Centre (3 minutes), and Lougheed Town Centre (8 minutes) further underscore the site’s centrality. The surrounding area offers a blend of natural beauty and urban convenience, with Rocky Point Park and Newport Village just minutes away. With a high average household income of $129,264 within a 1 km radius and a projected 5-year population growth of over 6% within 5 km, this site is primed for a high-quality residential community that aligns with Port Moody’s vision for sustainable, pedestrian-friendly urban growth.