Port Moody Living
"City of the Arts" - Located at the head of Burrard Inlet, this vibrant city is rich in history and modern development. Steps from seaside parks, mountain trails and lakes, Port Moody is a nature lovers paradise.
Port Moody Real Estate News
Wednesday, May 4, 2011
Port Moody Condos
Categories:port moody condos
The Globe and Mail had an interesting article last month titled 'Home in the suburbs, heart in the city' in which it mentioned the changes in Greater Vancouver's suburbs. It said that Vancouver stands out as the city where more of its suburban residents live in dense developments of condos, apartments, townhouses and highrise towers than anywhere else in North America. It mentioned Port Moody, where it says more than 90% of new housing is condos, apartments or townhouses.
People who live in these new developments like the mix of being close to nature, yet have all the amenities of an urban centre close--they want to have shops, cafes, restaurants and schools within walking distance. The recent developments in Suter Brook, such as Onni’s Room located at 121 Brew Street, between Aria 1 and Aria 2, combines the style of downtown loft condos with modern sophistication in a beautiful scenic setting. For those, not familiar with Port Moody, Suter Brook is the development right in the heart of Port Moody, located at the corner of Murray St. and Ioco Rd.
Onni's Room development was completed in late 2008 and brought something new and different to the Tri Cities. Room brought the style of warehouse conversion living in a new, contemporary brick-faced seven-storey building. Room is composed of studio, one bedroom and two-bedroom homes that range from approximately 590 sq.ft. to 1,020 square feet. You can check for current listings by clicking on this link: current listings in the Room. Other real estate options in Suter Brook include the Aria 1 and Aria 2 buildings. These have some excellent opportunities to buy a Port Moody condo or townhouse. These types of developments fit in with Port Moody's vision for housing: According to the Port Moody Council Strategic Plan, Port Moody’s Council's vision is that Port Moody, (City of the Arts), is a unique, safe, vibrant waterfront city of strong neighbourhoods; a complete community that is sustainable and values its natural environment and heritage character. So far, that vision has become a reality, and Port Moody remains a great place to live.
Tuesday, April 12, 2011
Port Moody Real Estate Stats for March
Categories:port moody condos,port moody property prices,port moody property stats,port moody real estate
According to the Real Estate Board of Greater Vancouver, activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels. Port Moody was one of the areas within Greater Vancouver that saw increases across the board in terms of property sales and listings, with apartments or condos performing especially well in terms of residential property types.
The Board reported that residential property sales of detached, attached properties and apartments/condos in Greater Vancouver reached 4,080 last month. This was a 31.7% increase on February 2011, and an increase of 30.1% compared to sales in March 2010 and an 80.1% increase from the number of residential property sales in March 2009. The all-time Greater Vancouver sales record for March was back in 2004 when 4,371 residential property sales were recorded.
The Port Moody real estate market had a very strong start to the season. This is normally a busy time for REALTOR®s and it's great to see that the levels of sales is on par with the amount of properties being listed in Port Moody. Condos in Port Moody are out-performing attached and detached properties in terms of the amount of sales and listings. However it's detached properties that are experiencing the highest month-on-month price increases (according to the Real Estate Board of Greater Vancouver's benchmark price index).
Here are the March real estate stats for Port Moody:
Port Moody Benchmark Property Prices:
According to the Real Estate Board of Greater Vancouver, benchmark prices are the estimated sale prices of a benchmark property. Benchmarks represent a typical property within each market.According to MLS® SALES facts, Port Moody had:
According to MLS® LISTINGS facts, Port Moody had:
The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information, check out the official Real Estate Board of Greater Vancouver website.
Check back here regularly for more information on monthly Port Moody real estate news and statistics.
Wednesday, February 9, 2011
Port Moody Condos for Sale
Make 101 Morrissey Road Port Moody your new home address! This is a perfect example of some of the amazing Port Moody condos for sale on the real estate market right now. You will not find value like this anywhere else in Greater Vancouver and the Tri-Cities area.
Built in 2009, this feels brand new! This condo has an open floorplan has 9 ft high ceilings. The beautiful kitchen features granite counters and KitchenAid stainless steel appliances. This is a two bedroom/two bathroom unit; the bedrooms are on opposite sides of the apartment for extra privacy. Both bathrooms have marble counters--pure luxury.
Features include: in-suite laundry--clothes washer/dryer, fridge, stove, dish washer, drapes and window coverings, and a garage door opener.
If you are a pet lover you will be happy to hear that Pets Allowed with restrictions. Rentals are also allowed with restrictions.
Location, location, location--This condo is in Suter Brook, right in Port Moody Centre; the Marina is nearby, as are lots of recreational facilities and shopping.
The excellent amenities in this building include: elevator, exercise centre, pool; indoor recreation center, and a sauna/steam room.
From the balcony there is a picturesque view of the greenbelt (west facing).
The maintenance fees are low and overall there is great value in this must-see condo unit.
Check out the full list of Port Moody condos for sale and get in touch with me to arrange a showing or for more details.
PRUDENTIAL STERLING REALTY
Tel: (778) 829-3224
Friday, January 28, 2011
Port Moody Condos Video Blog Jan 27, 2011 Buying Costs
In this video blog, Greg Axford talks about the costs of buying a home. Some people are unsure if they pay commission when purchasing. The answer is no. The big cost of buying is the Property Transfer Tax (1% on the first $200,000 and 2% on the balance). First time buyers purchasing under $425,000 will be exempt from this tax. Please call or email if you have any other questions.
Tuesday, January 25, 2011
New Listing on the Port Moody Real Estate Market
Here is a new listing on the Port Moody real estate market and this one is sure to be snapped up quickly: 104 100 CAPILANO Road Port Moody V3H 5M9.
This two bedroom, two bathroom (plus den) condo is a beautiful example of the type of Port Moody real estate available today. The building was constructed in 2005 and still has a new feel about it. The condo boasts high quality modern finishing.
This huge unit is 884 square feet and has bright open concept living space and 9 feet high ceilings. The gourmet kitchen features stainless steel appliances, combined with granite countertops, breakfast bar and cabinet storage space.
There is also a great 950 square feet outdoor garden patio--perfect for those long summer days. The building is very central, you can walk to Newport Village, the recreation centre, schools and Rocky Point trails.
The property comes with two secure underground parking stalls. The building has amazing amenities which include: two guest suites, an amenity room with a kitchen, television, pool table and a well-equipped fitness centre. This condo has to be seen to be believed.
Contact me for full details or to arrange a showing:
PRUDENTIAL STERLING REALTY
Tel: (778) 829-3224