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Port Moody 14.8-acre land assembly closes at $157.2 million

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.