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$789,000

317 3131 MURRAY STREET

Port Moody · MLS® R3162223

2 bed · 2 bath · 947 sq ft · 2 parking

Condo · Single Family · built 2022 · 29 days on market

Listed by Terry Tea, Oakwyn Realty Ltd.

Realtor's description

WELCOME TO 50 ELECTRONIC AVENUE - Port Moody´s Premier Award-Winning Community! This oversized modern 2 bed + 2 bath home offers open-concept living with high ceilings, tall windows, and premium finishings throughout. Enjoy a chef-inspired kitchen with quartz waterfall island, gas cooktop, and custom pantry. The spacious bedroom features a large closet with organizers. Steps from Brewers Row, Rocky Point Park, Shoreline Trail, and Moody Centre SkyTrain - you're in the heart of Port Moody´s most vibrant, walkable neighbourhoods. Resort-style amenities include a full gym, co-working space, indoor/outdoor kids play areas, lounge, guest suites, dog wash, EV charging, and more. Don't miss this opportunity, contact for private showing! 2 SIDE-BY-SIDE EV PARKING STALL & 2 STORAGE LOCKERS INCLUDED

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 947 sq ft
Parking: 2
Year built: 2022
Property tax: $3,372 / yr
Strata fee: $486 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 29
MLS®: R3162223

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Typical for the area (+4.3%)

2026 assessment: $813,000 · asking is -3.0%
Price per sq ft: $833 vs $798 median for condos in Port Moody for sale (129)

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 29 days

The market here

Listed now: 28 days; median for 129 condos for sale; this one 29 days

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

Monthly cost

$4,205/mo

Mortgage $3,438 · Tax $281 · Strata $486

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

estimated payment

$3,438/ monthly

loan $631,200

25-year amortization

down payment20% · $157,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $400,079
property transfer tax: $13,780; BC general rate
cash to close: $171,580; down + PTT
total paid: $1,031,279

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: −$2,239/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,438 · tax $281 · strata $486 · 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