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$769,900

407 700 KLAHANIE DRIVE

Port Moody · MLS® R3162954

2 bed · 2 bath · 964 sq ft · 1 parking

Condo · Single Family · built 2007 · 30 days on market

Listed by Alan Calimbas, Real Broker

Realtor's description

This is the ONE! A neighbourhood is where kids make friends, neighbours gather & everything you love about Port Moody, right outside your door! This updated TOP-FLOOR home boasts an open floor plan, commercial grade laminate flooring, updated lighting, newer appliances & a HEAT PUMP with AC for year-round comfort! Step outside to your large, fully covered patio, perfect for morning coffee, entertaining & year-round living. And the amenities? They´re incredible! Enjoy an outdoor pool, hot tub, fitness centre, basketball court, theatre, dance/yoga studio & more... with spaces for kids & adults to play, connect & unwind! It's also a dog lover's PARADISE! Steps away to trails, the boardwalk, community centre, dog park, kids park, breweries, cafés, shops & more! OPEN: SUN 2-4

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 964 sq ft
Parking: 1
Year built: 2007
Property tax: $3,041 / yr
Strata fee: $553 / mo ($0.57 / sq ft)
Strata rules: Pets Allowed
Days on market: 30
MLS®: R3162954

Features

Central location
Treed
Pets Allowed
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (+0.3%)

2026 assessment: $810,000 · asking is -5.0%
Price per sq ft: $799 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 30 days · no price changes so far

The market here

Listed now: 30 days; median for 135 condos for sale; this one 30 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	$810,000	$3,476

The listing shows $3,041 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

$4,161/mo

Mortgage $3,354 · Tax $253 · Strata $553

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

estimated payment

$3,354/ monthly

loan $615,920

25-year amortization

down payment20% · $153,98020%+ 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: $390,394
property transfer tax: $13,398; BC general rate
cash to close: $167,378; down + PTT
total paid: $1,006,314

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: −$2,195/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,354 · tax $253 · strata $553 · 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