1 / 21

$749,800

55 15 FOREST PARK WAY

Port Moody · MLS® R3162217

All units at 15 Forest Park Way →

2 bed · 2 bath · 1,094 sq ft · 2 parking

Townhouse · Single Family · built 2001 · 31 days on market

Listed by Michelle McGarry, Royal LePage Sterling Realty

Realtor's description

Beautifully updated 2 bedroom end unit townhome in popular Heritage Woods. Very quiet and private setting with 2 outdoor patios, perfect for summer barbecues. The living room has a gas fireplace, wrap around windows and sliders to patio. The kitchen has been updated with newer cabinets, counters and backsplash as well as 4 new appliances. There are updated laminate floors, new blinds and screens and fresh paint. The Primary bedroom has an oversized walk in closet and 3 piece ensuite. There are new baseboard heaters, updated HW tank and washer dryer. The second bedroom has a private patio with access to grass space. There is a single garage and reserved second parking spot. New roofing project is paid for and underway. Incredible location close to schools and parks

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,094 sq ft
Parking: 2
Year built: 2001
Property tax: $3,506 / yr
Strata fee: $437 / mo ($0.40 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 31
MLS®: R3162217

Features

Private setting
Pets Allowed With Restrictions
All

Price check

Typical for the area (+2.3%)

2026 assessment: $852,000 · asking is -12%
Price per sq ft: $685 vs $670 median for townhouses in Port Moody for sale (40)

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 31 days · no price changes so far

The market here

Listed now: 25 days; median for 41 townhouses for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$852,000	$3,656

The listing shows $3,506 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

$3,996/mo

Mortgage $3,267 · Tax $292 · Strata $437

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

estimated payment

$3,267/ monthly

loan $599,840

25-year amortization

down payment20% · $149,96020%+ 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: $380,202
property transfer tax: $12,996; BC general rate
cash to close: $162,956; down + PTT
total paid: $980,042

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: −$2,170/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,267 · tax $292 · strata $437 · insurance ~$175 · 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