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 $618,800

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 Description View

Units In Development 150

Sewer Public Sewer, Sanitary Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14' x 14' ft
Main Level	Kitchen	11'4 x 11'4 ft
Main Level	Eating Area	7' x 7' ft
Main Level	Storage	9' x 9' ft
Above Level	Primary Bedroom	13'8 x 13'8 ft
Above Level	Bedroom	11'6 x 11'6 ft

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

7.9/10

Above Average

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, a stunning property located in the vibrant city of Port Moody, BC, MLS listing R3068710. As we step into this beautiful home, let's talk about the excellent schools in the area. Just a short 0.95 km away from this address is Children of Integrity Montessori, an independent elementary school that offers a unique and nurturing environment for young minds. Although the school's rating is not publicly available, its proximity to the property is certainly a plus for families.

For secondary education, Hope Lutheran Christian School is approximately 4.33 km away from 5 314 Highland Way. With a rating of 7.9/10, this school is an excellent choice for students who thrive in a supportive and community-driven environment.

Now, let's talk about the safety of the area. According to the latest crime statistics from Statistics Canada (2020), this neighborhood demonstrates a Low crime rate of 3,319.96 incidents per 100,000 population. Compared to other Canadian cities, this rate is significantly lower, providing peace of mind for residents. The overall crime rate has also decreased by 10.52% year over year, indicating a stable and secure environment.

In terms of specific crime rates, the area surrounding 5 314 Highland Way, Port Moody, BC has experienced a decrease in illegal substances offenses, with a rating of 170.69 and 60 disturbances in 2020. This represents a decrease of 13.97% in the illegal substances offenses ranking year over year. Property crimes in the area are also considered Low, with a rating of 1,655.71 and 582 disturbances in 2020, representing a decrease of 14.48% in the property misconduct rate.

The closest Bus station, Southbound Falcon Dr @ 1100 Block, is conveniently located just 0.22 km away from this property, making it easy to commute around the city.

Now, let's talk about the demographics of the area. With 29.1% of the population holding a university certificate or degree, this neighborhood is above average in terms of education. Conversely, 10.4% of the population has no certificate or degree, which is lower compared to the average in BC.

In terms of income, the median household income in this area is $82,615, which is above average compared to the British Columbia average. The median personal income is $42,780, also higher than the BC average. Additionally, 64.4% of households in this census subdivision have a mortgage, which is above average.

Unemployment rates in the area are also low, at 4.8%, making it an attractive location for individuals and families looking for stable employment.

This property is located in North Shore Pt Moody, where the population change between 2011 and 2016 was -0.4%, which is below average compared to the average growth rate of this region.

In terms of population density, the area surrounding 5 314 Highland Way, Port Moody, BC has a high density of 4,604.4 people per square kilometer. The average family size in the area is 2.8, which is below average compared to the whole region. However, 58.5% of families in this area have children, which is average.

The average age of the population in this area is 42.4, which is average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $589,030, which is high compared to other areas in British Columbia. The average owner payments are also above average, with owners spending an average of $1,464 on their dwellings. Tenants, on the other hand, are paying an average of $1,219, which is also above average.

In terms of homeownership, 23.7% of the population in this area are renters, which is average compared to other BC cities and areas. The percentage of English and French speakers is 7.7%, which is average, while the percentage of English speakers only is 90.5%, also average.

The percentage of neither English nor French speakers is 1.9%, which is above average compared to other BC cities.

In terms of transportation, 15.3% of the population in this area use public transport, which is above average. However, 77% of the population use cars, which is below average.

This property, 5 314 Highland Way, Port Moody, BC, MLS listing R3068710, offers a unique blend of safety, education, and lifestyle amenities, making it an attractive option for families and individuals looking for a secure and vibrant community.