The Tri-Cities in British Columbia — Coquitlam, Port Coquitlam and Port Moody, plus the villages of Anmore and Belcarra — are part of Greater Vancouver and together house about 250,000 residents. This guide highlights the best neighbourhoods in the Tri-Cities to consider when buying real estate.
What’s included on this page
- Best places to buy real estate in the Tri-Cities
- How to read the table
- What’s happened in the Tri-Cities real estate market?
- What’s next for real estate in the Tri-Cities?
- Top three neighbourhoods in the Tri-Cities
- Methodology
Best places to buy real estate in Coquitlam, Port Coquitlam and Port Moody
Below is a ranked list of neighbourhoods across the Tri-Cities, with benchmark prices (composite of all property types) and recent growth figures. On touch devices or with a trackpad you can scroll horizontally to see all columns. The data source is Zoocasa; export options are available in the original publication for deeper analysis.
| wdt_ID | Rank | Neighbourhood | City | Benchmark price 2022 | 1-year growth | 3-year | 5-year | Value | Economics | Accessibility | Children (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Eagle Ridge | Coquitlam | $1,007,216 | 18% | 37% | 57% | 1.8 | 1.0 | 0.2 | 60% |
| 2 | 2 | Moody Centre | Port Moody | $877,860 | 14% | 31% | 54% | 1.7 | 0.9 | 0.1 | 47% |
| 3 | 3 | Sun Valley | Port Coquitlam | $453,977 | 27% | 101% | 82% | 5.0 | 0.2 | 0.2 | 46% |
| 4 | 4 | Westwood Plateau | Coquitlam | $1,283,411 | 16% | 36% | 41% | 0.8 | 1.0 | 0.2 | 60% |
| 5 | 5 | College Park | Port Moody | $1,103,083 | 9% | 42% | 51% | 0.9 | 0.9 | 0.1 | 47% |
| 6 | 6 | Heritage Mountain | Port Moody | $1,646,043 | 22% | 53% | 54% | 0.8 | 0.9 | 0.1 | 47% |
| 7 | 7 | Heritage Woods | Port Moody | $1,566,735 | 21% | 48% | 49% | 0.8 | 0.9 | 0.1 | 47% |
| 8 | 8 | Northeast | Coquitlam | $1,999,475 | 21% | 41% | 74% | 0.1 | 1.0 | 0.2 | 60% |
| 9 | 9 | Port Coquitlam | Port Coquitlam | $957,247 | 18% | 45% | 59% | 2.1 | 0.6 | 0.8 | 47% |
| 10 | 10 | Mary Hill | Port Coquitlam | $1,217,612 | 16% | 42% | 47% | 1.1 | 0.6 | 0.8 | 47% |
| 11 | 11 | Ranch Park | Coquitlam | $1,515,129 | 21% | 51% | 50% | 0.9 | 0.6 | 0.8 | 47% |
| 12 | 12 | Birchland Manor | Port Coquitlam | $1,324,953 | 23% | 55% | 82% | 2.1 | 0.2 | 0.2 | 46% |
| 13 | 13 | Maillardville | Coquitlam | $922,921 | 11% | 55% | 76% | 2.1 | 0.1 | 0.7 | 42% |
| 14 | 14 | Oxford Heights | Port Coquitlam | $1,364,778 | 19% | 49% | 52% | 1.1 | 0.2 | 0.2 | 46% |
| 15 | 15 | Cariboo-Burquitlam | Coquitlam | $531,092 | 2% | 18% | 58% | 1.6 | 0.0 | 1.0 | 42% |
| 16 | 16 | Hockaday-Nestor | Coquitlam | $1,802,234 | 23% | 45% | 47% | 0.3 | 0.2 | 0.2 | 46% |
| 17 | 17 | Cape Horn | Coquitlam | $1,559,062 | 18% | 39% | 48% | 0.4 | 0.1 | 0.7 | 42% |
| 18 | 18 | Central Coquitlam | Coquitlam | $1,529,567 | 15% | 31% | 38% | 0.0 | 0.0 | 1.0 | 42% |
Source: Zoocasa
How to read the table
- Benchmark price 2022: Composite benchmark price as of Dec. 31, 2022. This combines attached and detached homes, townhouses and apartments.
- 1-year, 3-year and 5-year growth: Percentage change in the composite benchmark price over the specified period.
- Value, economics and accessibility: Each is scored 0–5. Higher scores indicate better value for money, stronger local economic indicators (income, education) and easier travel by foot, bike and transit.
- Children: Share of households with children, shown as a percentage.
- For details on our approach, see the methodology.
What’s happened in the Tri-Cities real estate market?
At the end of December 2022 the average home price in Port Moody was $1,079,300, while Coquitlam’s average was $1,044,700. The region recorded roughly 10% price appreciation in 2022. Rising prices and constrained affordability pushed some first-time buyers out of the market, while buyers with larger budgets and investors were more active.
Local agent Geoff Pershick of eXp notes that changes to strata rules in B.C. — specifically the easing of rental restrictions for condos — opened opportunities for investors. That shift, combined with a large number of pre-sale condominium developments in the Tri-Cities, helped sustain investor interest. For example, the December 2022 benchmark price for a condo in Port Coquitlam was $599,200, up about 5.2% from 2021.
What’s next for real estate in the Tri-Cities?
Condominiums are likely to remain in demand through 2023 as buyers search for more affordable entry points into the market. With limited supply and higher interest rates than before the pandemic, many prospective buyers may continue to delay purchases or look specifically for condo apartments and other lower-cost housing types.
Pershick expects steady demand for condos from both investors and first-time buyers. He cautions that when homes are priced right they still sell quickly, but overall affordability and low supply may produce a relatively flat year in sales volume.
Top neighbourhoods in other regions
Alberta
Calgary • Edmonton
Nova Scotia
Halifax
British Columbia
Burnaby, New Westminster, Richmond • Coquitlam, Port Coquitlam, Port Moody • Langley, Pitt Meadows, Maple Ridge • North Shore • Vancouver
Ontario
Durham Region • Halton Region • Peel Region • Toronto • York Region
Top three neighbourhoods in the Tri-Cities
1. Eagle Ridge, Coquitlam
Eagle Ridge sits between Port Moody and Port Coquitlam and is popular with families who want residential streets close to urban amenities. The composite benchmark price reached $1,007,216 at the end of 2022 — up 18% year over year and 57% over five years. The neighbourhood earns solid family appeal, with around 60% of households including children, though its accessibility score is relatively low.
See local listings on Zoocasa: Eagle Ridge.
2. Moody Centre, Port Moody
Moody Centre benefits from transit access, shops and outdoor recreation. Recent development helped push the average price to $877,860 at the end of 2022, a 14% increase from 2021 and 54% over five years. The neighbourhood has several schools and about 47% of households include children, though its measured accessibility is low.
See local listings on Zoocasa: Moody Centre.
3. Sun Valley, Port Coquitlam
Sun Valley is the most affordable area on this list, with a 2022 benchmark price of $453,977. It has recorded some of the largest percentage gains: 27% year over year and 82% over five years. Sun Valley scores highly for value, and nearly half of households include children, but its accessibility and local economic indicators are lower than some neighbouring communities.
See local listings on Zoocasa: Sun Valley.
Related reading about buying a home
- Mortgage affordability calculator
- The complete guide for first-time home buyers in Canada
- Video: Buying your first home? Learn about the First-Time Home Buyer Incentive
- What to know about the new First Home Savings Account (FHSA)
- Buying a second home: How it works in Canada
What does the * mean?
Affiliate links in this article can generate a payment to MoneySense (owned by Ratehub Inc.), which helps keep the site free to users. Links marked with an asterisk (*) or labelled “Featured” are affiliate links. “Sponsored” labels indicate paid placements. Editorial content is produced independently and is not influenced by affiliate or sponsored links. See MoneySense’s monetization policy for details.
What type of article is this?
This content package is presented by an advertising partner and was produced in collaboration with Zoocasa. It was independently written by MoneySense with financial support from Ratehub.ca.