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$729,000

2508 651 NOOTKA WAY

Port Moody · MLS® R3170399

All units at 651 Nootka Way →

2 bed · 2 bath · 871 sq ft · 1 parking

Condo · Single Family · built 2008 · 10 days on market

Listed by Mehran Salari, Royal Pacific Lions Gate Realty Ltd.

Realtor's description

Welcome to Sahalee by Polygon-the perfect blend of modern living, resort-style amenities and an unbeatable Port Moody location. This bright and spacious 2-bedroom, 2-bathroom corner unit offers a functional layout, abundant natural light and a generous north-east balcony with beautiful Burnaby Mountain views and Inlet. Enjoy updated bathrooms, a well-appointed kitchen with granite countertops, stainless steel appliances, plus ample storage throughout. Residents enjoy exclusive access to the renowned Canoe Club, featuring an outdoor pool, hot tub, fitness centre, tennis and basketball courts, lounge, games rooms, BBQ terrace and more. Located on a quiet street just minutes from SkyTrain, Rocky Point Park, scenic trails, breweries, restaurants, Suter Brook Village and Newport Village.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 871 sq ft
Parking: 1
Year built: 2008
Property tax: $3,017 / yr
Strata fee: $446 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 10
MLS®: R3170399

Features

Central location
Elevator
Pets Allowed With Restrictions

Floor plans

Found among the listing photos.

Price check

Typical for the area (+5.2%)

2026 assessment: $722,000 · asking is +1.0%
Price per sq ft: $837 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 10 days · no price changes so far

The market here

Listed now: 30 days; median for 135 condos for sale; this one 10 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	$722,000	$3,098
2025	$766,000	$3,017

Estimated tax up 2.7% from 2025 to 2026.

The listing shows $3,017 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

$3,873/mo

Mortgage $3,176 · Tax $251 · Strata $446

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

estimated payment

$3,176/ monthly

loan $583,200

25-year amortization

down payment20% · $145,80020%+ 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: $369,655
property transfer tax: $12,580; BC general rate
cash to close: $158,380; down + PTT
total paid: $952,855

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: −$1,907/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,176 · tax $251 · strata $446 · 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