Property Type: Condo / ApartmentOwnership: Strata

311 225 NEWPORT DRIVE

Port Moody, BC V3H5C7

$599,000

2 bed2 bath1 parking765 sqftBuilt 1997
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$522/mo
Annual property tax
$2,394.9 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3128872
Listed
May 27, 2026
Time on market
On the market for 96 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Located in the most walkable location in the Tri- Cities with beautiful courtyard views and no skytrain noise. Newport Village has it all; restaurants, cafes, italian deli, your new neighbourhood pub, bank, pharmacy, produce & seafood grocers and Save-on Foods. Zoom out, you're two blocks away from the Recreation Complex, Library and Eagle Ridge Hospital. 10 min walk to the inlet and Shoreline Trails or the skytrain for your commute. And what makes Port Moody special; a short drive to an adventure at the lakes, trails or dog beaches. Inside you'll find an efficient 2 bed, 2 full baths including a large primary with walk in closet and ensuite. Updates; both bathrooms, kitchen including stainless steel appliances countertops, sink, new laminate wide plank floors. (id:63159)

Values & Trends

This listing

$783/sqft

Building average

No other active listings in this building

Port Moody average

$814/sqft

128 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Port Moody

Monthly figures from the Fraser Valley Real Estate Board for Port Moody apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$688,300

Jul 2026

Average Sale Price

$727,491

Jul 2026

Monthly Sales

23

Jul 2026

Active Listings

146

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$760,400
$633,800
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Pitt Meadows

18°C

Humidity 70%

Wind WSW calm km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

33,535

(2021 Census)

+0% since 2016

Density: 1,297.3/km²

Dwellings: 13,603

Median household income: $115,000

After-tax: $99,000

Immigrant population: 33.2%

Top countries of origin (% of total population)

  • Korea, South3.5% · 1,160
  • China3.4% · 1,145
  • Iran3% · 990
  • United Kingdom2.8% · 935
  • United States of America1.6% · 530
  • Hong Kong1.5% · 515
  • Philippines1.3% · 430
  • Romania0.9% · 290

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

78

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Eagle Ridge ElementaryElementary704 m
Mountain Meadows ElementaryElementary803 m
Scott Creek Middle SchoolMiddle969 m
Children of Integrity Montessori(Independent)Elementary1.2 km
Ecole Moody MiddleElementary1.3 km
Heritage Mountain ElementaryElementary1.3 km
Gleneagle SecondarySecondary1.4 km
Baker Drive ElementaryElementary1.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound Ioco Rd @ Newport Dr120 m
Southbound Ioco Rd @ Newport Dr147 m
Eastbound Ungless Way @ Ioco Rd151 m
Westbound Ungless Way @ Noons Creek Dr174 m
Westbound Ungless Way @ Guildford Way180 m

Nearby Places

Restaurants (5+)

  • Murasaki · 254 Newport Drive79 m
  • Vera's Burger Shack80 m
  • Hanayuki Sushi · 221 Ioco Road106 m
  • bb.q Chicken · 221 Ioco Road137 m
  • Sushi Mura · 110 Brew Street373 m

Cafes (3)

  • Gallagher's Cafe · 232 Newport Drive73 m
  • Starbucks · 221 Ioco Road146 m
  • JJ Bean460 m

Grocery (3)

  • Meiga Supermarket · 221 Ioco Road60 m
  • Thrifty Foods · 170 Brew Street394 m
  • Pasargad Supermarket751 m

Parks (5+)

  • Pioneer Memorial Park205 m
  • Unnamed438 m
  • Unnamed484 m
  • Unnamed616 m
  • Unnamed664 m

Shopping (1)

  • Suter Brook Village424 m

Gyms (1)

  • Fitness World456 m

Pharmacies (2)

  • Guardian Newport Pharmacy · 205 Newport Drive103 m
  • Shoppers Drug Mart · 221 Ioco Road105 m

Banks & ATMs (4)

  • RBC · 218 Newport Drive102 m
  • BMO · 228 Ungless Way126 m
  • TD · 110 Brew Street351 m
  • Vancity · 121 Brew Street433 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$759.49
Total monthly cost$3,851.12
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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