517 2525 Clarke Street

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

rent

$2,460/mo

after all costs

−$1,469/mo

cap rate

2.6%

yearly net rent ÷ price

Costs: mortgage $2,963 · tax $252 · strata $483 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Port Moody: CMHC's average there ($2,175) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Moody Centre SkyTrain station, 800 m (about 12 min walk); Inlet Centre SkyTrain station, 2 km (about 32 min walk).

Estimated tax up 3.4% from 2025 to 2026.

The listing shows $3,021 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.

listed now

40 days

median for 130 condos for sale; this one 3 days

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

the building's lot: 3,234 m² (34,810 sq ft) · PID 030-494-451. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Moody Centre SkyTrain station, 800 m (about 12 min walk); Inlet Centre SkyTrain station, 2 km (about 32 min walk).