Property Type: Detached HouseOwnership: Freehold

359 IOCO ROAD

Port Moody, BC V3H2V9

$1,988,000

4 bed1 bath5 parking1,413 sqftBuilt 1935
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
9,704 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,118.05 (2025)

Interior

Basement
Unfinished, Unknown, Unknown
Heating
Natural gas
Fireplace
Yes (1)

Parking

Total spaces
5 — uncovered indicated
Features
RV

Listing Information

MLS®
R3157146
Listed
August 19, 2026
Time on market
On the market for 12 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nationwide Realty Corp. · Data source: CREA DDF.

Description

Opportunities to own a true landmark property on the desirable north shore of Port Moody are rare. Known as "The Little Blue Cottage," this beautifully remodelled home offers 3 bedrooms plus a dedicated office that could serve as a 4th bedroom. Set on a massive 9,704 sq. ft. lot with subdivision potential & future Burrard Inlet views, this property is an exceptional opportunity for homeowners, investors & builders alike. Thoughtfully updated & full of character, it´s ideal to live in, hold, or rent while planning for the future. Enjoy an unbeatable location just steps to Rocky Point Park, Brewers Row, Suter Brook Village, Newport Village, Recreation Centre, library, hospital, shopping, & SkyTrain. A rare offering combining charm, convenience, lifestyle, & strong development potential. (id:63159)

Values & Trends

This listing

$1,407/sqft

Building average

No other active listings in this building

Port Moody average

$711/sqft

96 active listing(s)

Parking: 5 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.

Detached (House) Market Stats — Port Moody

Monthly figures from the Fraser Valley Real Estate Board for Port Moody detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,967,700

Jul 2026

Average Sale Price

$1,857,653

Jul 2026

Monthly Sales

15

Jul 2026

Active Listings

127

Jul 2026

Sales-to-Active Ratio

12.0%

Jul 2026

Median Days to Contract

14 days

Jul 2026

MLS® HPI Benchmark Price

$2,209,000
$1,796,700
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

52

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
Mountain Meadows ElementaryElementary848 m
Heritage Mountain ElementaryElementary994 m
Eagle Ridge ElementaryElementary1.2 km
Ecole Moody MiddleElementary1.2 km
Scott Creek Middle SchoolMiddle1.5 km
Heritage Woods SecondarySecondary1.6 km
Children of Integrity Montessori(Independent)Elementary1.6 km
Moody ElementaryElementary1.7 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
Eastbound Ioco Rd @ Metta Lane186 m
Westbound Ioco Rd @ Metta St194 m
Eastbound Ioco Rd @ Knowle St301 m
Northbound Heritage Mountain Blvd @ Ungless Way338 m
Westbound Ungless Way @ Noons Creek Dr423 m

Nearby Places

Restaurants (5+)

  • bb.q Chicken · 221 Ioco Road428 m
  • Hanayuki Sushi · 221 Ioco Road482 m
  • Murasaki · 254 Newport Drive635 m
  • Vera's Burger Shack638 m
  • Sushi Mura · 110 Brew Street663 m

Cafes (4)

  • Starbucks · 221 Ioco Road415 m
  • Gallagher's Cafe · 232 Newport Drive590 m
  • JJ Bean743 m
  • Caffé Divano · 101 Klahanie Drive797 m

Grocery (2)

  • Meiga Supermarket · 221 Ioco Road500 m
  • Thrifty Foods · 170 Brew Street714 m

Parks (5+)

  • Pioneer Memorial Park373 m
  • Unnamed468 m
  • Inlet Park470 m
  • Unnamed582 m
  • Old Mill Site Park684 m

Shopping (1)

  • Suter Brook Village710 m

Gyms (1)

  • Fitness World769 m

Pharmacies (2)

  • Shoppers Drug Mart · 221 Ioco Road458 m
  • Guardian Newport Pharmacy · 205 Newport Drive506 m

Banks & ATMs (4)

  • BMO · 228 Ungless Way481 m
  • RBC · 218 Newport Drive552 m
  • TD · 110 Brew Street643 m
  • Vancity · 121 Brew Street719 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($397,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,590,400.00
Periodic payment — Principal & Interest (monthly)$10,260.72
Additional monthly expenses (strata, tax, utilities, etc.)$580.84
Total monthly cost$10,841.56
Interest paid over 5-yr term$455,813.21
Balance at end of term$1,430,569.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$397,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,229.62

Cash Needed at Closing

Minimum down payment$397,600
Estimated BC PTT$37,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$436,860

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.

Request more information