105 4662 Hemlock Way

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

rent

$3,490/mo

after all costs

−$1,458/mo

cap rate

3.2%

yearly net rent ÷ price

Costs: mortgage $3,747 · tax $282 · strata $465 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Tsawwassen: CMHC's average there ($2,950) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Delta School District 37

• Elementary Ladner Elementaryhomes in this catchment

  4.4 km away · 5016 44 Ave, Delta · 604-946-4158

• Secondary Delta Secondaryhomes in this catchment

  4.8 km away · 4615 51 St, Delta · 604-946-4194

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.