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$2,399,000

2603 301 CAPILANO ROAD

Port Moody · MLS® R3115111

All units at 301 Capilano Rd →

3 bed · 3 bath · 1,824 sq ft · 2 parking

Condo · Single Family · built 2013 · 169 days on market

Listed by Khash Yousefi, Royal Pacific Lions Gate Realty Ltd.

Realtor's description

Trophy Penthouse in the heart of Port Moody's Suter Brook Village. This 3 bed, 3 bath, 3-level penthouse offers a dramatic double-height ceiling living room and stunning panoramic views of the ocean and mountains. Enjoy over 1,800 square ft of interior living across 2 primary levels, with over 1,200 square ft of private outdoor space, including an expansive rooftop terrace designed for entertaining. Bespoke millwork upgrades include custom walnut library, integrated entry shoe storage, cabinetry on 3rd-level with 2nd fridge, and customized closets. 2 parking stalls with PRIVATE EV charging, and XL storage locker with built-in shelving. Amenities include tennis courts, gym, dog park, sauna, and party lounge. Conveniently located by Rocky Point Park, breweries, SkyTrain, shops, and restaurants.

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,824 sq ft
Parking: 2
Year built: 2013
Property tax: $7,374 / yr
Strata fee: $855 / mo ($0.47 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 169
MLS®: R3115111

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

2026 assessment: $1,955,000 · asking is +23%
Price per sq ft: $1,315 vs $797 median for condos in Port Moody for sale (128)
Last sold: $2,200,000 · Jun 26, 2023

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 169 days · no price changes so far

The market here

Listed now: 30 days; median for 136 condos for sale; this one 169 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	$1,955,000	$8,389
2025	$1,872,000	$7,374

Estimated tax up 13.8% from 2025 to 2026.

The listing shows $7,374 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

$11,921/mo

Mortgage $10,452 · Tax $614 · Strata $855

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

estimated payment

$10,452/ monthly

loan $1,919,200

25-year amortization

down payment20% · $479,80020%+ 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: $1,216,464
property transfer tax: $49,970; BC general rate
cash to close: $529,770; down + PTT
total paid: $3,135,664

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: $2,627/mo
After all costs: −$9,539/mo
Cap rate: 0.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $10,452 · tax $614 · strata $855 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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