2381 Shaughnessy St 0.37 Acres of Residential Land Offered at $3,895,000 CAD in Port Coquitlam, BC V3C 3E4

2381 Shaughnessy Street presents a rare opportunity to acquire a redevelopment site in the heart of Port Coquitlam's urban core. Positioned at the prominent corner of Shaughnessy Street and Kelly Avenue, the property benefits from exceptional visibility, walkability, and connectivity within one of Metro Vancouver's established and evolving communities. The site is surrounded by a mix of retail, service businesses, residential neighborhoods, parks, schools, and civic amenities that support long-term residential demand. The property is zoned RA1 and is currently the subject of Development Permit application DP000672 before the City of Port Coquitlam for a proposed six-storey apartment development comprising 54 residential units. Architectural plans were revised in August 2026, providing developers and builders with the opportunity to advance a project that has already undergone significant planning work. The site's corner positioning enhances design flexibility and street presence while benefiting from proximity to public transportation options, including local bus service and the West Coast Express commuter rail network. Located within Metro Vancouver's Tri-Cities region, Port Coquitlam continues to attract residents seeking access to employment centers throughout the Lower Mainland while maintaining proximity to parks, recreation facilities, shopping districts, and community services. The combination of an established residential setting, transit accessibility, and ongoing urban development activity supports the property's appeal as a multifamily development opportunity. The property is offered through a court-ordered sale and remains subject to court approval. Purchasers should independently verify all development potential, approvals, requirements, and municipal considerations with the City of Port Coquitlam.