1912 CLARKE STREET

Port Moody · MLS® R3160245

9,374 sq ft lot

Land · Vacant Land · 38 days on market

Listed by Ollie Nietzel, Royal LePage West Real Estate Services

Realtor's description

COURT ORDRED SALE! Investor & Builder Alert! Prime Development Opportunity in College Park. Rare 9,374 sqft corner lot backing onto greenbelt. Located within the Transit Oriented Area (TOA), the SSMUH permits up to 6 units. The existing home offers great holding value with 3 bedrooms up, an unfinished basement with suite potential. Only two blocks from the future Westport Village, a vibrant new community featuring a boutique hotel, shops, restaurants, medical services, and more. Steps to transit and minutes to SkyTrain and shopping. This is a rare opportunity with huge upside. Hold, build, or invest!

Property details

Type: Land, Vacant Land
Lot: 9,374 sq ft
Parking: 0
Property tax: $3,851 / yr
Days on market: 38
MLS®: R3160245

Features

Central location

Property insights

On market 38 days

The market here

Listed now: 128 days; median for 22 homes for sale; this one 38 days

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

Monthly cost

$8,163/mo

Mortgage $7,842 · Tax $321

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

estimated payment

$7,842/ monthly

loan $1,440,000

25-year amortization

down payment20% · $360,00020%+ 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: $912,728
property transfer tax: $34,000; BC general rate
cash to close: $394,000; down + PTT
total paid: $2,352,728

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.