1037 IOCO ROAD

Port Moody · MLS® R3174007

4 bed · 5 bath · 2,922 sq ft · 3,383 sq ft lot · 2 parking

House · Single Family · built 2026 · 1 day on market

Listed by Steve Marshall, RE/MAX Sabre Realty Group

Realtor's description

New Home with BIG expansive Inlet View! Quality built 'Step 4' Homes by Grayden Developments are 4 Bedroom and 3.5 Bathroom and compliant with Port Moody's Zero Carbon Program which qualifies for RBC's 35 Year Green Mortgage! Professionally designed inside & out by Sucasa, Quartz counters, maple cabinets, Jenn Air appliances, engineered hardwood and James Hardie siding. High end finishings, fully landscaped, Legal 1 Bdrm Suite (ideal for in-laws), Double Garage and 2-5-10 year Warranty. South facing w/large triple glazed windows + energy efficient heat pump. Must be seen! Gives a terrific Seaside feel. This sought after Ioco location has parks and trails close by and Pleasantside Elementary at the end of the block. Showings by appointment only. Do Not Walk the site without listing Agent.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 5
Living area: 2,922 sq ft
Lot: 3,383 sq ft
Parking: 2
Year built: 2026
Property tax: $5,317 / yr
Days on market: 1
MLS®: R3174007

Features

Central location
All

Price check

Above typical for the area (+32%)

Price per sq ft: $820 vs $623 median for houses in Port Moody for sale (110)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 1 day

The market here

Listed now: 35 days; median for 114 houses for sale; this one 1 day

Houses in Port Moody. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$10,878/mo

Mortgage $10,435 · Tax $443

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$10,435/ monthly

loan $1,916,000

25-year amortization

down payment20% · $479,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,214,436
property transfer tax: $49,850; BC general rate
cash to close: $528,850; down + PTT
total paid: $3,130,436

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,708/mo
Your cost after the suite: $9,481/mo; vs $11,053 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $10,435 · tax $443 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Port Moody (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca