The Property is strategically located at the intersection of Cecile Drive and the transition from Clarke Road to St. Johns Street. Spanning approximately 131,191 square feet (3.0 acres), the site currently includes 30 strata units, offering a prime redevelopment opportunity. Zoned RM-3, with ongoing Official Community Plan (OCP) land use changes, the site is designated for Multi-Family Residential development, with potential for a six-storey building. Port Moody is currently updating its Official Community Plan, Port Moody 2050. Due to recent housing initiatives and legislation by the provincial government, the city has temporarily paused public engagement, set to resume in early 2025. With growing demand for housing, there is significant potential to increase building heights and densities across various locations in Port Moody, providing opportunities for substantial redevelopment on this site.