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Investment signal

$1,999,968

3370 VIEWMOUNT DRIVE

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Beds

Baths

Sqft

—

Year

1979

Type

Single Family

Suite

Suite potential

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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

Large family home on a private corner lot with an assembled Development Application for a 12 storey condo building with townhomes at the base for over 200 units. Strategically located within a Transit-Oriented Development (TOD) area, this property offers an opportunity to acquire a 3-lot land assembly with hundreds of thousands of dollars spent towards the project. The home was extensively updated in 2010. Currently tenant-occupied, providing attractive rental income with a full 3 bedroom rental up, and a full 3 bedroom rental down. Conveniently situated with easy access to transit and (400m) SkyTrain stations, nearby shops, recreational facilities, and restaurants. Once approved, this development land would potentially be worth more than double the asking price! (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Living area: 2,719 square feet
Lot size: 8,634 square feet
Lot dimensions: 8634
On market: Dec 5, 2025
Status changed: Apr 13, 2026
Annual tax: $6,975.96 (2025)
Photos: 3
MLS#: R3072414
Area: PORT_MOODY

Features and systems

Parking

OtherRV

Basement

FullUnknownUnknown

Heating

Forced airNatural gas

Negative cash flow ~$2,103/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.31%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,214

Financing

Down payment$399,994

Loan amount$1,599,974

Mortgage$8,107/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$917

Insurance$80

Maintenance$1,667

CapEx reserve$833

Vacancy loss$500

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

Estimated $8,107/mo at 4.5% with 20% down, 30-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 13, 2026.