Where to Buy a Multiplex in Port Moody
Browse duplex, triplex, fourplex, sixplex and eightplex projects, with prices, floor plans and neighbourhood details.
Port Moody sits at the east end of Burrard Inlet. Two Millennium Line SkyTrain stations, Inlet Centre and Moody Centre, connect it to Coquitlam, Burnaby and Vancouver, and the West Coast Express commuter train also stops at Moody Centre. Rocky Point Park sits on the waterfront. MultiLiving lists pre-sale and new multiplex projects in Port Moody with their floor plans and prices.
Why Live In Port Moody
- Burrard Inlet waterfront at Rocky Point Park
- Millennium Line SkyTrain at Inlet Centre and Moody Centre
- West Coast Express commuter train at Moody Centre
- Sasamat Lake and Belcarra Regional Park nearby
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Frequently Asked Questions
How many multiplex projects are for sale in Port Moody?
MultiLiving has no multiplex projects listed in Port Moody today. New pre-sale projects are added as they launch, and the free Buyer Guide signup on this page sends early notice when one does.
What types of multiplex homes can I buy in Port Moody?
In Port Moody you can buy one home inside a duplex (two homes in one building), a triplex (three), a fourplex (four) or a larger building of up to eight homes. Each home has its own front door and kitchen. Most are sold as strata homes, so you hold title to your home and share the land and the outside of the building with the other owners.
Can I get a 30-year mortgage on a new home in Port Moody?
Often, yes. Since December 15, 2024, an insured mortgage can run for 30 years instead of 25 when your down payment is under 20 percent and either you are a first-time buyer or the home is newly built, according to the Department of Finance Canada. A brand new multiplex home meets the second test, so a buyer who has owned before can still qualify. The longer term lowers each monthly payment and raises the total interest you pay over the life of the loan.
Can I rent out a multiplex home in Port Moody?
Yes. Since November 24, 2022, no strata in British Columbia can have a bylaw that stops owners from renting out their home, according to the Province of BC. That covers almost every multiplex home, because most are sold as strata homes. A strata can still limit or ban short-term rentals, such as nightly stays, with a three-quarter vote of owners, so read the bylaws before you plan on that kind of rental.
Do I pay property transfer tax on a new home in Port Moody?
Often not. British Columbia's Newly Built Home Exemption removes property transfer tax on a newly built home worth up to $1,100,000, with a partial exemption up to $1,150,000, according to the Province of BC. You must be a Canadian citizen or permanent resident, move in within 92 days, and live there as your main home for the first year. Above $1,150,000 you pay the normal tax, which on a $1,400,000 home is $26,000.
Is there a GST rebate for first-time buyers in Port Moody?
Yes, if you are a first-time buyer. The first-time home buyers' GST/HST rebate returns up to $50,000 of the GST on a brand new home priced at or below $1 million, according to the Canada Revenue Agency. Between $1 million and $1.5 million the rebate gets smaller, and at $1.5 million it is gone. The home must be your main home, and you must not have lived in a home that you or your spouse owned in the current year or the four years before.