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$799,900

23 15 FOREST PARK WAY

Port Moody · MLS® R3162285

All units at 15 Forest Park Way →

2 bed · 2 bath · 1,111 sq ft · 2 parking

Townhouse · Single Family · built 2002 · 31 days on market

Listed by Jessica Lowes, Oakwyn Realty Ltd.

Realtor's description

WELCOME TO DISCOVERY RIDGE IN THE HEART OF HERITAGE WOODS! Nestled among the trees, this bright 2 bedroom, 2 bathroom corner townhome offers exceptional privacy, abundant natural light & a peaceful outlook. The open-concept main living area features expansive windows, 9' ceilings, cozy gas fireplace & seamless access to 2 private patios & fenced yard. Thoughtfully updated throughout with a stylish kitchen featuring stainless steel appliances, designer countertops & backsplash, laminate flooring, fresh paint & modern lighting. Spacious primary bedroom with walk-in closet & updated ensuite. Single garage + second parking incl. Family-friendly complex with playground, basketball court & excellent schools: Aspenwood Elementary, Eagle Mountain Middle & Heritage Woods Secondary. Steps to Eagle Mountain & Bert Flynn trailheads, and minutes to Buntzen Lake, White Pine Beach, Rocky Point, Newport & Suter Brook Village, West Coast Express & SkyTrain. A rare opportunity in one of Port Moody's most sought-after communities.

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,111 sq ft
Parking: 2
Year built: 2002
Property tax: $3,577 / yr
Strata fee: $437 / mo ($0.39 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 31
MLS®: R3162285

Features

Private setting
Pets Allowed With Restrictions

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+7.5%)

2026 assessment: $853,000 · asking is -6.2%
Price per sq ft: $720 vs $670 median for townhouses in Port Moody for sale (40)

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 31 days · no price changes so far

The market here

Listed now: 25 days; median for 41 townhouses for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$853,000	$3,660

The listing shows $3,577 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

$4,220/mo

Mortgage $3,485 · Tax $298 · Strata $437

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

estimated payment

$3,485/ monthly

loan $639,920

25-year amortization

down payment20% · $159,98020%+ 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: $405,606
property transfer tax: $13,998; BC general rate
cash to close: $173,978; down + PTT
total paid: $1,045,526

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: −$2,394/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,485 · tax $298 · strata $437 · insurance ~$175 · 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