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$645,000

603 305 MORRISSEY ROAD

Port Moody · MLS® R3110989

All units at 305 Morrissey Rd →

1 bed · 1 bath · 680 sq ft · 1 parking

Condo · Single Family · built 2022 · 178 days on market

Listed by Yusuf Amiry, Royal LePage West Real Estate Services

Realtor's description

Welcome to this immaculate 1 bed & DEN condo in popular Suter Brooke. Featuring laminate flooring throughout & a spacious layout. This home is designed for comfort & style. The sleek kitchen boasts quartz counters, S/S appliances, GAS cooktop, built- in wall oven & pantry, perfect for the home chef. Enjoy comfort of AIR CONDITIONING 3pc bath has marble counters & tile flooring. Mountain views from this bright & airy home which truly shows like new. Enjoy impressive amenities such as golf simulator, outdoor pool, hot tub, sauna, gym, party rooms, guest suites, kids room & a theatre room. Walk to everything incl. Skytrain, Rock Point & Brewers Row. A perfect blend of urban convenience & natural beauty. 1 parking & 1 locker. AMAZING VALUE IN A PRIME LOCATION!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 680 sq ft
Parking: 1
Year built: 2022
Property tax: $2,761 / yr
Strata fee: $266 / mo ($0.39 / sq ft)
Strata rules: Adult Oriented, Pets Allowed
Days on market: 178
MLS®: R3110989

Features

Central location
Cul-de-sac
Adult Oriented
Pets Allowed
All

Price check

Above typical for the area (+19%)

2026 assessment: $658,000 · asking is -2.0%
Price per sq ft: $949 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 178 days · no price changes so far

The market here

Listed now: 30 days; median for 135 condos for sale; this one 178 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	$658,000	$2,824

The listing shows $2,761 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

$3,306/mo

Mortgage $2,810 · Tax $230 · Strata $266

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

estimated payment

$2,810/ monthly

loan $516,000

25-year amortization

down payment20% · $129,00020%+ 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: $327,061
property transfer tax: $10,900; BC general rate
cash to close: $139,900; down + PTT
total paid: $843,061

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: $1,708/mo
After all costs: −$1,770/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,810 · tax $230 · strata $266 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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