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$729,900

213 220 NEWPORT DRIVE

Port Moody · MLS® R3144651

All units at 220 Newport Dr →

2 bed · 2 bath · 1,158 sq ft · 1 parking

Condo · Single Family · built 1996 · 92 days on market

Listed by Derek Love, Macdonald Realty

Realtor's description

Come see this spacious 1158sf, 2 bedroom & 2 bathroom condo that is move-in condition, sparkling with pride & extra space for gardening/BBQ dinners with the two large balconies in the center of Newport Village. Updated bright white kitchen w/pantry,laundry, extra lrge formal dining room & roomy living room with gas fireplace & bay window. H/W flooring thru out. Open concept design with massive primary bedrm plus Den area, 4 pce ensuite with brand new bathtub & walk in closet plus the 2nd private covered balcony. 2nd bedroom w/3pce main bathroom. One parking stall & large storage locker. Amenities incl a large gym & hot tub & caretaker onsite. Steps to restaurants, shops, grocery stores, Brewery Row, Rocky Point, Rec Centre, library & near SkyTrain. Built by Bosa. SEE VIDEO !

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,158 sq ft
Parking: 1
Year built: 1996
Property tax: $3,155 / yr
Strata fee: $696 / mo ($0.60 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 92
MLS®: R3144651

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Private setting
Elevator
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-21%)

2026 assessment: $777,000 · asking is -6.1%
Price per sq ft: $630 vs $796 median for condos in Port Moody for sale (127)

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 92 days · no price changes so far

The market here

Listed now: 30 days; median for 135 condos for sale; this one 92 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$777,000	$3,334

The listing shows $3,155 a year in property tax.

Estimate: the BC Assessment value times Port Moody's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,139/mo

Mortgage $3,180 · Tax $263 · Strata $696

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

estimated payment

$3,180/ monthly

loan $583,920

25-year amortization

down payment20% · $145,98020%+ 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: $370,111
property transfer tax: $12,598; BC general rate
cash to close: $158,578; down + PTT
total paid: $954,031

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

Rent: $2,175/mo
After all costs: −$2,173/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,180 · tax $263 · strata $696 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom 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