Home Port Moody, BC Heritage Woods PM Discovery Ridge 55 15 Forest Park Way

55 15 Forest Park Way, Port Moody BC V3H 5G7 – Townhouse for Sale – MLS® R3162217

55 15 Forest Park Way, Port Moody, British Columbia V3H 5G7

Port Moody Townhouses for Sale

64 days on the market

$699,800

Est. monthly cost $3,549/mo

Updated with MLS® - Nov 11, 2026 at 06:30am

2 Beds

2 Baths

1094 sqft

640 $ /sqft

436.86 $ Maint. fee

2001 built

9.1% price reduction

Photos

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

Building 27 fields Inside & out 10 fields Lot & land 8 fields

Building Details

Price	$699,800
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1094
Year Built	2001
Age Of Building	25
Building Type	Townhouse
Unit Style	Corner unit
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	0
Building Amenities	Maintenance Grounds, Management
Ownership Type	Freehold Strata
Maintenance Fee	$436.86
Amenities Nearby	Maintenance Grounds, Management
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Single, Front Access
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Smoking Restrictions
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None
Units In Development	82

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace	1
Heating Type	Baseboard, Electric
# of Kitchens	1
Flooring	Laminate
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3162217
Area	Port Moody
Neighbourhood	Heritage Woods PM
City	Port Moody
Postal Code	V3H 5G7
Gross Taxes	$3,505.72
Zoning	RM6

Property Timeline

Status	Date	Price
R3162217 / Active	09-08-2026	$699,800
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Above Level	Foyer	16' x 16' ft
Main Level	Living Room	17' x 17' ft
Main Level	Dining Room	8'6 x 8'6 ft
Main Level	Kitchen	8'6 x 8'6 ft
Main Level	Primary Bedroom	14'8 x 14'8 ft
Main Level	Walk-In Closet	7'3 x 7'3 ft
Main Level	Bedroom	9'9 x 9'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	Yes	#3

Listed by: Royal LePage Sterling 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.

About the building: Discovery Ridge

15 Forest Park Way, Heritage Woods PM, Port Moody

Discovery Ridge building details

Building

Built: 2001
Homes: 82 in 3 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS4272
Managed by: Ascent Real Estate Management
Parking: Visitor Parking, Garage: Single
Lockers: Limited
Strata fee covers: ManagementGardening

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Discovery Ridge

For sale: 2
Median ask: $750K
Median $/sqft: $680
Days on market: 64

This home

$640/sqft, 5.9% below the building median of $680.

Homes for sale at Discovery Ridge, Port Moody Recent sold listings in Discovery Ridge, Port Moody

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 2.68 km · crime low · sell-speed score 65/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

Bus stop northbound heritage mountain blvd @ turner creek dr · 993 m · Transit

Private Schools

Elementary
Canyon Springs Montessori: 2.74 km
Secondary
Royal Bridge High School: Above Average 4.06 km 8.4/10

Closest Transit

Bus Stop
Southbound Forest Park Way @ Firview Place: 0.12 km
Skytrain
Skytrain @ Ioco Station: 2.68 km

Crime Rate

Total Crime Rate: Low
Violent Crime Rate: Low
Property Crime Rate: Low

Demographics

Post-Secondary Education: Above Average 43.4%
No Certificate/Degree: Below Average 9.3%
Owner Occupied: Average 70%
Employment Rate: Above Average 76.5%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

Sell Speed & Competition

65 / 100

Overall sell-speed score

Likely within weeks

B+

Price competition grade

Avg comparable: $740,150

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.68 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How HERITAGE WOODS PM compares

This property

64 DOM

Listed

55 15 Forest Park Way has a sell-speed score of 65/100, placing it in the "Expected to sell within weeks" band. The listing is priced 5.5% below comparable active properties in Heritage Woods PM, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 18.6% — conditions are balanced. With only 43 competing homes currently listed, this property has relatively low competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V3H 5G7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3H 5G7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Port Moody Rocky Point Park, Port Moody (~2.5 km). Annual avg AQHI 1.8 — Low Risk.

Heat Low

Port Moody currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.3 °C baseline, ~31.8 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.

Precipitation Increasing

Annual precipitation ~2076 mm (1981–2010 baseline), projected ~2152 mm by the 2050s. Extreme 1-day rainfall: ~67.6 mm baseline, ~74.2 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~20 days baseline, ~22 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

13 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Aspenwood Elementary	Public	Grades Served —	Catchment Info —	5.7 / 10	Distance 368 m
Eagle Mountain Middle School	Public	Grades Served 6-8	Catchment Info —	6.5 / 10	Distance 521 m
Heritage Woods Secondary	Public	Grades Served —	Catchment Info —	7.0 / 10	Distance 539 m
Heritage Mountain Elementary School	Public	Grades Served K-5	Catchment Info —	8.0 / 10	Distance 721 m
Mountain Meadows Elementary School	Public	Grades Served K-5	Catchment Info —	6.3 / 10	Distance 1.51 KM
Bramblewood Elementary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 1.56 KM
Pleasantside Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 1.64 KM
Anmore Elementary	Public	Grades Served —	Catchment Info —	7.1 / 10	Distance 1.80 KM
Summit Middle School	Public	Grades Served 6-8	Catchment Info —	6.6 / 10	Distance 2.12 KM
Eagle Ridge Elementary School	Public	Grades Served K-5	Catchment Info —	6.2 / 10	Distance 2.16 KM
Scott Creek Middle School	Public	Grades Served 6-8	Catchment Info —	6.5 / 10	Distance 2.36 KM
Canyon Springs Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.74 KM
Gleneagle Secondary	Public	Grades Served —	Catchment Info —	7.0 / 10	Distance 2.80 KM

Pre-computed routes from 55 15 Forest Park Way, Port Moody, BC

55 15 Forest Park Way, Port Moody, BC Ioco 2.7 km

74 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Ioco → Waterfront
74 min
Metrotown, Burnaby via Ioco → Metrotown
69 min
SFU Burnaby via Ioco → Production Way
49 min
Richmond Centre via Ioco → Brighouse
99 min
YVR Airport via Ioco → YVR-Airport
100 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
24 min
Metrotown, Burnaby via Lougheed Hwy
18 min
SFU Burnaby via Gaglardi Way
10 min
Richmond Centre via No. 3 Rd
32 min
YVR Airport via Bridgeport / Sea Island
33 min

Calculate your commute

55 15 Forest Park Way, Port Moody, BC is ideally located for commuters. The property is 2.7 km from Ioco, with a 74 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Forest Park Way @ Firview Place (0.12 km).

Walkability & Transit Near 55 15 Forest Park Way

Car-Dependent 35

Walk Score - Car-Dependent

Most errands require a car

Somewhat Bikeable 44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,549/month · rent estimate $2,641/month · owning catches up with renting by year 9 · cash flow if rented −$1,097/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 55 15 Forest Park Way

$3,549 /month

Principal & Interest $2,820

Property Taxes $292

Maintenance fee $437

The estimated monthly cost of 55 15 Forest Park Way, Port Moody is $3,549: $2,820 principal and interest with 20% down over 30 years at 4.45%, plus $292 property tax and $437 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$1,097 /month

Mortgage Payment $2,820

Monthly Cash Flow −$1,097

Break Even Down Payment 52%

Cap Rate -1.9%

Cash on Cash -9.4%

If 55 15 Forest Park Way, Port Moody were rented at $2,641 a month with 5% vacancy, it would fall $1,097 a month short of the mortgage and carrying costs; about 52% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 55 15 Forest Park Way, Port Moody

$2,641 / month

Rent $2,641

Own $3,549

Principal: $907/mo Interest, tax, insurance, fees: $2,642/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$759/mo (year 1) → ~$1,766/mo (year 20) → ~$2,634/mo (year 29).

Net cost to own at year 5 ~$2,642/mo About $1/mo more than renting

EstateBlock estimates 55 15 Forest Park Way, Port Moody would rent for about $2,641 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 55 15 Forest Park Way

Rent vs own

Owning catches up by year 9

With 20% down ($139,960) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $49,889

Principal paid off by year 10 $112,185

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 55 15 Forest Park Way, Port Moody is cheaper at first, but owning catches up by year 9, with $49,889 of principal paid off by year 5 and $112,185 by year 10.