102 1140 55 Street
Delta · MLS® R3123558
2 bed · 2 bath · 1,486 sq ft · 1 parking
Condo · Single Family · built 1990 · 151 days on market
Listed by Bernie Scholz, Engel & Volkers Vancouver (Branch)
Realtor's description
Come and see this wonderful large GROUND floor apartment - it's like a Rancher in a condo building. Almost 1500 square ft and walk out ground level to patio that is 30'x9' and offers privacy and natural sunshine. The interior has been updated by the current owners. Kitchen cabinets, appliances almost new and freshly painted a couple years ago. Beautiful Hardwood floors in the main living area with a featured Regency Gas Fireplace for cozy and comfortable times at home, plus a built in Dining room cabinet unit for all the collectables you have cherished over the years. You will appreciate the large rooms and space this apartment offers, easily accommodates larger furniture. Plus you are only steps away from Thrifty's Food store, local banks, and a Neighbourhood Pub.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,486 sq ft
- Parking
- 1
- Year built
- 1990
- Property tax
- $2,513 / yr
- Strata fee
- $684 / mo ($0.46 / sq ft)
- Strata rules
- Adult Oriented, Pets Allowed With Restrictions
- Days on market
- 151
- MLS®
- R3123558
Features
- Central location
- Elevator
- Adult Oriented
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,787/mo
- After all costs
- −$2,008/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $2,723 · tax $209 · strata $684 · 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
Location
Schools
Catchment schools, Delta School District 37
- Elementary South Park Elementaryhomes in this catchment
900 m away · 735 Gilchrist Dr, Delta · 604-943-1105
- Secondary South Delta Secondaryhomes in this catchment
900 m away · 750 53 St, Delta · 604-943-7407
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.
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