1 / 40

$479,800

105 2431 RABBIT DRIVE

Tsawwassen · MLS® R3114520

1 bed · 1 bath · 563 sq ft · 1 parking

Condo · Single Family · built 2024 · 167 days on market

Listed by Clayton Aelbers, RE/MAX Magnolia

Salt, sun, and effortless coastal living-welcome to Salt & Meadow. This fully furnished 1-bedroom + den offers a sleek, modern layout paired with a private garden patio perfect for morning coffee or evening wine. Wake to soft water views, spend your days by the pool or at the beach, and unwind in one of two beautifully designed resident lounges. Thoughtfully appointed with a hot tub, fitness centre, parking, and bike storage, every detail is designed for comfort and ease. Just steps from the sand, ferries, shops, and dining in sunny Tsawwassen, this is turnkey living with a distinctly coastal edge.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 563 sq ft
Parking: 1
Year built: 2024
Strata fee: $408 / mo ($0.72 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 167
MLS®: R3114520

Above typical for the area (+23%)

2026 assessment: $433,000 · asking is +11%
Price per sq ft: $852 vs $692 median for condos in Tsawwassen for sale (40)

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.

Central location
Elevator
Wheelchair access
Pets Allowed With Restrictions
All

On market 167 days

Listed now: 81 days; median for 40 condos for sale; this one 167 days

Condos in Tsawwassen. 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 Maps can be out of date or miss a lot line; confirm with the municipality.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 Ladner Elementaryhomes in this catchment
Secondary 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.

$2,498/mo

Mortgage $2,090 · Strata $408

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

estimated payment

$2,090/ monthly

loan $383,840

25-year amortization

down payment20% · $95,96020%+ 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: $243,293
property transfer tax: $7,596; BC general rate
cash to close: $103,556; down + PTT
total paid: $627,133

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: $1,550/mo
After all costs: −$1,107/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,090 · strata $408 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Tsawwassen (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

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

TsawwassenGoogle Maps ↗