1912 CLARKE STREET

Port Moody · MLS® C8081648

1,770 sq ft · 9,374 sq ft lot

House · Multi-family · built 1964 · 38 days on market

Listed by Ollie Nietzel, Royal LePage West Real Estate Services

Realtor's description

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, and a month-to-month tenant in place. 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: House, Multi-family
Living area: 1,770 sq ft
Lot: 9,374 sq ft
Parking: 0
Year built: 1964
Property tax: $3,851 / yr
Days on market: 38
MLS®: C8081648

Price check

Price per sq ft: $1,017 vs $622 median for houses in Port Moody for sale (105)

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 38 days

The market here

Listed now: 38 days; median for 109 houses for sale; this one 38 days

Houses 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.