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$589,900

^$10,000

322 3131 Murray Street

Port Moody Centre, Port Moody, BC, V3H 0L9

1 | 1 | 1 | 676 sq.ft. | Year Built: 2022 |

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Welcome to 50 Electronic Avenue! This bright and beautifully kept 1-bedroom, 1-bathroom home offers 676 square feet of modern living with a spacious layout and large covered patio. Built in 2022, this home feels brand new with sleek finishes, a contemporary kitchen, and thoughtful design throughout. Enjoy unbeatable amenities including a fully equipped gym, co-working space, movie theatre, kids' playroom, guest suite, party room, playground, and dog run. Located in the heart of Port Moody, you're just steps to Rocky Point Park, Brewers Row, and the SkyTrain, and endless trails and restaurants. Comes with 1 parking and 2 storage lockers. A fantastic opportunity to own in one of Port Moody's most sought after developments.

Property Info

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MLS®: R3061135

Listing Courtesy of Royal LePage Sterling Realty

Total Bedrooms 1

Total Bathrooms 1

Floor Space 676 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $589,900

Unit Pricing $873/sq.ft.

Strata Fee $337.04

Tax Estimate $2,513/Year

Year Built 2022

Interior Features

Rooms

More Details

Storey 1

Floor Space Finished 676.00 sq.ft.

Rules Yes With Restrictions

Roof XXXXXXX

Zoning CD73

Floor Finish XXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Under Building, Underground, Side Access

Parking Cover 1

Parking Total 1

Fuel Heating Baseboard

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Port Moody
Street Name: Murray
City: Port Moody
State Or Province: BC
Postal Code: V3H 0L9
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 1

Interior Features

Flooring: Laminate
Basement: None
Interior Features: Elevator, Storage, Pantry

Exterior Features

Exterior Features: Garden, Playground, Balcony
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2022
Building Area Total: 676
Living Area: 676

Lot Information

Lot Features: Central Location, Recreation Nearby
Parcel Number: 031788262

Sold History

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City Introduction

Overview of Port Moody, BC, Canada

Population

Port Moody is a city in the Greater Vancouver region of British Columbia, with a population of approximately 33,500 (2021). Port Moody is a multicultural city, with residents from around the world, including a significant Chinese community. With the development of high-density housing projects, the population is expected to grow significantly in the future.

Economy

Key Industries: High-tech, film production, retail, and education. Port Moody is home to several high-tech parks and film studios, making it a key economic hub in Western Canada.
Commercial Centers: Moody Centre is the main commercial area, offering a variety of retail shops and dining options.
Educational Resources: While Port Moody does not have a university, it is close to Simon Fraser University (SFU) and Douglas College in Burnaby, contributing to a skilled workforce and innovation.

Living Features

Natural Environment: Port Moody boasts abundant natural landscapes, including Rocky Point Park and Belcarra Park, ideal for outdoor activities.
Transportation: Port Moody is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Port Moody's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Port Moody's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Port Moody is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Moody Centre and Rocky Point Park, while properties near SkyTrain stations are attractive for investors.

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