Port Moody Centre Condo Developments and MLS® Listings

Port Moody Centre Condo Developments

Port Moody Centre condo developments blend historic character with contemporary growth, forming the city’s downtown heart. The area offers a diverse mix of heritage homes, renovated single-family houses, and a growing selection of condos and townhomes, especially near the Moody Centre SkyTrain and West Coast Express stations. It’s an ideal location for residents seeking excellent transit access, local shops, and a unique balance of classic charm and modern living.

Browse Port Moody Centre Condo Developments MLS® Listings:

Port Moody Centre Condo Developments Overview

Why Port Moody Centre Is Growing

Condo developments are intended to provide not only housing but also commercial spaces, jobs, retail, and community amenities.
Port Moody Centre (especially around the Moody Centre SkyTrain station) is being aggressively redeveloped into a transit-oriented area.
The city is aiming to densify around the SkyTrain, converting light-industrial and underutilized lands into mixed-use, high-density development.

Opportunities & Challenges

Opportunities:

• Transit Access: Many of these developments are very close to the SkyTrain (Moody Centre), making them ideal for transit-oriented living.
• Vibrancy: With retail podiums, plazas, and public spaces, these developments are about more than housing — they’re building a community.
• Housing Variety: There’s a mix of rental vs. strata, market vs. below-market, and a range of unit types (studios to 3-bed), which supports different demographic needs.
• Long-term Growth: These projects align with Port Moody’s vision to densify responsibly, making use of underused industrial lands.

Challenges / Concerns:

• Height & Density: Taller towers are controversial — some residents worry about shadows, loss of character, and overdevelopment. Tricity News+1
• Infrastructure: With an increasing population, demand for services (parks, schools, transit, traffic) will grow; the city and developers need to deliver on amenities.
• Affordability: While there are some below-market units, many condos and rentals may still be expensive due to demand.
• Environmental Impacts: Development needs to balance with green space and ecological preservation (especially in master-planned areas like Portwood).

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Outlook: What to Watch For

Community Integration: The success of these towers will depend on how well they integrate with the surrounding neighbourhood, including retail, green space, and pedestrian connectivity.

Council Decisions: As rezoning and community plan changes move forward, how the council negotiates public benefits (amenities, affordable housing) will be key.

Sales & Pre-Sales: For buyers, watching presale condos like Hue or 1 Market Square (Inlet District) could be attractive.

Key Condo Market Stats for Port Moody (2025)

1. Benchmark / Average Prices
   • In July 2025, the MLS® HPI benchmark price for Port Moody condos was $731,900.
   • According to COQUITLAM REALTOR® Sayed Najibi (June 2025), the benchmark was $741,300, down 2.5% year over year.
   • By September 2025, the benchmark dropped further to $711,100.
2. Inventory & Sales
   • Active condo listings are rising: in June 2025, there were ~151 active condo listings, +67.8% YoY.
   • Condo sales are down: the same source notes 20 condo sales in June 2025, a 37.5% drop.
   • Days on Market (DOM): around 29 days average for condos in June 2025.
3. Price Per Square Foot
   • According to Sayed Najibi’s July 2025 report, condos averaged $821/sq ft.
   • On Condos.ca, for Port Moody condos in 2025, some notable buildings and their average $/sq ft:
     • The Grande at Suter Brook: $972/sq ft
     • Currents: $922/sq ft
     • Platform: $917/sq ft
     • The Square (3240 St. Johns): $881/sq ft
4. Specific Listing Example (Port Moody Centre)
   • 501 – 95 Moody Street: 2-bed / 2-bath, 833 sq ft, listed for $764,000.
   • That works out to roughly $917/sq ft for that unit. (764,000 ÷ 833 ≈ 917)

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Interpretation & What This Means for Buyers / Investors

• The condo market in Port Moody (including Port Moody Centre) is softening somewhat: more supply, fewer sales, and benchmark prices slightly declining.
• Buyers have more leverage than in a very tight market, especially if they’re looking for well-priced or well-presented units.
• For Port Moody Centre specifically, because it’s a more transit-oriented and desirable area, you might expect slightly higher $/sq ft than the broader Port Moody average — as shown by the example at Moody Street.
• Investors considering resale or rental should be careful: with rising inventory and softer buyer demand, pricing/cash flow projections need to account for potential downward pressure.