Property Type: Condo / ApartmentOwnership: Strata

404 225 NEWPORT DRIVE

Port Moody, BC V3H5H1

$785,000

2 bed2 bath2 parking1,014 sqftBuilt 1999
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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
$643/mo
Annual property tax
$2,721 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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®
R3125108
Listed
May 19, 2026
Time on market
On the market for 104 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 In Town Realty · Data source: CREA DDF.

Description

There are two types of people in this world. Those still searching for the perfect balance between city convenience and peaceful living and those who have already discovered Newport Village. Quietly situated on the garden side of a highly sought-after Bosa-built building, this renovated 2 bed, 2 bath home delivers the lifestyle buyers are chasing. Updated flooring, built-in cabinetry, a renovated kitchen, and a cozy fireplace create a home that feels warm, stylish, and move-in ready. With over 1,000 sq ft, the layout offers exceptional flexibility for professionals, young families, or anyone wanting more functional living space. Just imagine being a five-minute walk to SkyTrain while still enjoying peaceful mornings surrounded by greenery. Pet and rental friendly with 2 parking stalls, storage locker, gym, and party room amenities. (id:63159)

Values & Trends

This listing

$774/sqft

Building average

No other active listings in this building

Port Moody average

$814/sqft

128 active listing(s)

Parking: 2 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

81

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 ElementaryElementary763 m
Mountain Meadows ElementaryElementary845 m
Scott Creek Middle SchoolMiddle1.0 km
Children of Integrity Montessori(Independent)Elementary1.1 km
Ecole Moody MiddleElementary1.2 km
Heritage Mountain ElementaryElementary1.3 km
Gleneagle SecondarySecondary1.5 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 Dr66 m
Southbound Ioco Rd @ Newport Dr96 m
Eastbound Ungless Way @ Ioco Rd165 m
Westbound Ungless Way @ Noons Creek Dr183 m
Eastbound Ioco Rd @ Knowle St230 m

Nearby Places

Restaurants (5+)

  • Murasaki · 254 Newport Drive110 m
  • Vera's Burger Shack117 m
  • Hanayuki Sushi · 221 Ioco Road127 m
  • bb.q Chicken · 221 Ioco Road130 m
  • Sushi Mura · 110 Brew Street322 m

Cafes (3)

  • Gallagher's Cafe · 232 Newport Drive61 m
  • Starbucks · 221 Ioco Road133 m
  • JJ Bean413 m

Grocery (3)

  • Meiga Supermarket · 221 Ioco Road63 m
  • Thrifty Foods · 170 Brew Street348 m
  • Pasargad Supermarket769 m

Parks (5+)

  • Pioneer Memorial Park161 m
  • Unnamed464 m
  • Unnamed490 m
  • Unnamed568 m
  • Unnamed604 m

Shopping (1)

  • Suter Brook Village375 m

Gyms (1)

  • Fitness World411 m

Pharmacies (2)

  • Guardian Newport Pharmacy · 205 Newport Drive42 m
  • Shoppers Drug Mart · 221 Ioco Road75 m

Banks & ATMs (4)

  • RBC · 218 Newport Drive52 m
  • BMO · 228 Ungless Way153 m
  • TD · 110 Brew Street299 m
  • Vancity · 121 Brew Street385 m

Nearby places data: © OpenStreetMap contributors.

School district: Coquitlam (SD43)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($53,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$628,000.00
Periodic payment — Principal & Interest (monthly)$4,051.64
Additional monthly expenses (strata, tax, utilities, etc.)$920.46
Total monthly cost$4,972.10
Interest paid over 5-yr term$179,986.61
Balance at end of term$564,888.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$53,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,624.98

Cash Needed at Closing

Minimum down payment$53,500
Estimated BC PTT$13,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$68,700

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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