5 314 Highland Way, Port Moody, BC, MLS® R3068710

$638,800
Est. Mortgage /mo

NEW

$638,800
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
1 Baths
2 Stories
$ 354 Maint. Fee
866 sqft
1979 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5 314 Highland Way, Port Moody, BC | MLS® R3068710 Property Details

PRIME OPPORTUNITY. Updated kitchen with granite counters, high-end porcelain backsplash with hidden lighting, modern appliances, cork flooring and undermount sink. Renovated bath with dual-flush toilet, stylish vanity and cork floors. California 2” blinds, smart closet organizers and detailed mouldings give a clean, finished look. Features nicely updated kitchen. Close to Newport Village, Rec Centre, West Coast Express, easy SkyTrain access and Port Moody’s trails, lakes and parks. 2 PARKING! INVESTORS: This home sits in a prime future re-development zone with VERY strong upside potential. The strata has already been approached by developers with interest and big offers made. Buy today and see instant return in a down market. BOOK YOUR PRIVATE SHOWING TODAY.

General Info

Price $638,800
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 866
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1979
Age Of Building 46
Building Type Townhouse
Property Type Residential
Stories 2
Appliances Included Refrigerator, Stove
Building Amenities Maintenance Grounds, Recreation Facilities
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3068710
Area Port Moody
Neighbourhood North Shore Pt Moody
City Port Moody
Gross Taxes $2,578.07
Ownership Type Freehold Strata
Maintenance Fee $354
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Recreation Facilities

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Guest
Total Parking Spaces 2

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning MF
Rental Suites None
# of Kitchens 1
Flooring Laminate, Other
Foundation Concrete Perimeter
View 1
View Description View
Units In Development 150
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary
Children of Integrity Montessori
0.95 km
Elementary, Secondary
Hope Lutheran Christian School
4.33 km

Closest Transit

Bus Stop
Southbound Falcon Dr @ 1100 Block
0.22 km
Skytrain
Skytrain @ Ioco Station
0.67 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 5 314 Highland Way, Port Moody, BC - MLS® R3068710

As we walk through this beautiful neighborhood, you'll discover a community that perfectly blends natural charm with modern convenience. Let's start with the local schools. For families looking for a top-notch education, Children of Integrity Montessori Elementary School is just a short 0.95 km away from 5 314 Highland Way. Although they don't have a rating, their unique approach to education and commitment to nurturing young minds make them a fantastic choice for parents.

Just down the road, Hope Lutheran Christian School is our closest secondary school, boasting an impressive 7.9/10 rating. Located 4.33 km from this home, they offer a well-rounded education that prepares students for success in academics, arts, and athletics.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts a Low crime rate of 3,319.96, which is significantly lower than the national average. With a 1,167 disturbance rate, you'll find peace of mind knowing that 5 314 Highland Way is a secure and peaceful place to call home.

In terms of specific crime types, we see that the drug crime rate is Average, with a rating of 170.69. However, the year-over-year change is a notable -13.97%, indicating a positive trend in our community. Property crimes are also Low, with a rating of 1,655.71 and a 582 incident rate in 2020. This, combined with a -14.48% year-over-year change, shows that our neighborhood is committed to maintaining a safe environment.

As we explore the demographics of this area, we find a thriving community with a strong focus on education. With 29.1% of residents holding a university certificate or degree, this neighborhood is Above Average in comparison to other BC municipalities. In contrast, only 10.4% of the population has no certificate or degree, indicating a well-educated and engaged community.

Median household income in this area is $82,615, which is Above Average compared to the British Columbia average. Meanwhile, median personal income is a respectable $42,780, placing this neighborhood in the High category. The percentage of households with a mortgage is also Above Average at 64.4%.

Unemployment rates in this area are remarkably Low at 4.8%, making it an attractive choice for job seekers. As for population growth, the area has experienced a Below Average -0.4% change between 2011 and 2016, indicating a stable and established community.

With a population density of 4,604.4 people per square kilometer, this area is considered High in terms of population density. The average family size is 2.8, which is Below Average compared to the region, but the percentage of families with children is Average at 58.5%. The area also boasts an Average percentage of married or living common-law couples at 59.7%.

The average age of the population is 42.4, which is Average compared to other BC cities. Moreover, the average value of dwellings in this neighborhood is a substantial $589,030, placing it in the High category compared to other areas in British Columbia.

In terms of housing costs, average owner payments are Above Average at $1,464, while tenants pay an Average $1,219. The percentage of renters in this area is Average at 23.7%. As for transportation, 15.3% of residents use public transport, which is Above Average, while 77% rely on cars, placing it Below Average. Walking and cycling are also popular modes of transportation, with 6% and 0.4% of residents using these methods, respectively.

In conclusion, 5 314 Highland Way, Port Moody, BC - MLS® R3068710 is a fantastic choice for families, professionals, and individuals seeking a safe, convenient, and thriving community. With its excellent schools, Low crime rate, and high median income, this neighborhood offers the perfect blend of natural charm and modern convenience.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $638,800
Port Moody $647,300
North Shore Pt Moody $647,300
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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