$2,288,888
1912 CLARKE STREET
Beds
—
Baths
—
Sqft
—
Year
1964
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Moody. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Investor & Builder Alert! Prime Development Opportunity in College Park. Rare 9,374 sqft corner lot backing onto greenbelt. Located within the Transit Oriented Area (TOA), the SSMUH permits up to 6 units. The existing home offers great holding value with 3 bedrooms up, an unfinished basement with suite potential, and a month-to-month tenant in place. Only two blocks from the future Westport Village, a vibrant new community featuring a boutique hotel, shops, restaurants, medical services, and more. Steps to transit and minutes to SkyTrain and shopping. This is a rare opportunity with huge upside. Hold, build, or invest! (id:65958)
- Subtype
- Multi-family
- Living area
- 1,770 square feet
- Lot size
- 9,374 square feet
- Lot dimensions
- 9374
- On market
- Mar 25, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $3,850.77 (2025)
- Zoning
- RS1
- Photos
- 3
- MLS#
- C8077335
- Area
- PORT_MOODY
Features and systems
Utilities
Cash on cash
-6.27%
Cap rate
3.61%
GRM
16.7
Break-even rent
$13,966
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.