No photos available
Investment signal

$1,725,000

2217 ST GEORGE STREET

Beds

4

Baths

4

Sqft

Year

1954

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Discover your next great investment! This inviting property offers 4 spacious 1-bedroom suites on a generous 8709 square ft lot. With new zoning, you have the exciting opportunity to expand to 6 suites or craft your dream home. Picture yourself renovating, rebuilding, or creating a stunning 3-storey residence to capture breathtaking water views. This is a rare opportunity for a visionary buyer to restore and reimagine a beloved community landmark. Enjoy seamless access to the West Coast Express, SFU, shopping, and a vibrant entertainment scene. Stroll to Rocky Point Park, scenic trails, and a variety of renowned eateries. Savor local craft breweries and experience everything this lively neighborhood has to offer-this is truly the place to be! (id:65958)

Subtype
Multi-family
Structure
Duplex
Common interest
Freehold
Living area
2,400 square feet
Lot size
8,709 square feet
Lot dimensions
8709
Parking
4 total
On market
Mar 2, 2026
Status changed
Apr 14, 2026
Annual tax
$7,890.2 (2025)
Photos
29
MLS#
R3094663
Area
PORT_MOODY

Features and systems

Appliances

RefrigeratorStove

Lot

Central location

View

View
Negative cash flow ~$3,299/mo at these assumptions

Cash on cash

-11.48%

Cap rate

3.59%

GRM

16.7

Break-even rent

$12,098

Financing

Down payment$345,000
Loan amount$1,380,000
Mortgage$8,466/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$791
Insurance$80
Maintenance$1,438
CapEx reserve$719
Vacancy loss$431

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $8,466/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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