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$570,000

101N 1100 56 STREET

Delta · MLS® R3126112

2 bed · 2 bath · 1,258 sq ft · 1 parking

Condo · Single Family · built 1993 · 139 days on market

Listed by Bruce Cote, RE/MAX City Realty

The very Popular Royal Oaks home offers your comfort and style in this spacious 2 bedroom, 2 bath condo with 1258 square ft of well-designed living space. Large primary bedroom and generous living and dining area is perfect for accommodating your full-sized furniture if you are downsizing. Enjoy the convenience f a spacious kitchen and unwind on the nice deck, large enough for entertaining. This well-run strata is set within beautifully lanscaped ultr aprivate grounds, and has an amazing clubhouse for residents. located just steps from the Town center.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,258 sq ft
Parking: 1
Year built: 1993
Property tax: $2,605 / yr
Strata fee: $455 / mo ($0.36 / sq ft)
Strata rules: Adult Oriented, Pets Allowed With Restrictions
Days on market: 139
MLS®: R3126112

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-23%)

2026 assessment: $730,000 · asking is -22%
Price per sq ft: $453 vs $590 median for condos in Delta for sale (113)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Private setting
Elevator
Adult Oriented
Pets Allowed With Restrictions
All

On market 139 days

Listed now: 54 days; median for 113 condos for sale; this one 139 days

Condos in Delta. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Delta School District 37

Elementary South Park Elementaryhomes in this catchment
Secondary South Delta Secondaryhomes in this catchment

From the Delta School District 37's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$3,156/mo

Mortgage $2,483 · Tax $217 · Strata $455

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,483/ monthly

loan $456,000

25-year amortization

down payment20% · $114,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $289,031
property transfer tax: $9,400; BC general rate
cash to close: $123,400; down + PTT
total paid: $745,031

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,787/mo
After all costs: −$1,546/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,483 · tax $217 · strata $455 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Delta (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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