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$1,039,900

11516 PARKWOOD PLACE

Delta · MLS® R3159119

5 bed · 3 bath · 2,107 sq ft · 4,645 sq ft lot · 4 parking

House · Single Family · built 1976 · 44 days on market

Listed by Akash Brar, RE/MAX Performance Realty

Realtor's description

Spacious 2-storey home with basement located on a quiet cul-de-sac in desirable Scottsdale, North Delta. This well-kept property offers 5 bedrooms, 3 bathrooms, and over 2,100 sqft of living space on a 4,645 sqft lot. Functional layout with bright living areas and generous room sizes. Features a ***(2 Bedroom legal basement suite with separate entry)***, ideal for extended family or mortgage helper potential. Single garage plus extended driveway with ample parking. Private backyard perfect for families and entertaining. Conveniently located close to schools, parks, shopping, transit, and easy access to major routes. Great opportunity in a prime North Delta location.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,107 sq ft
Lot: 4,645 sq ft
Parking: 4
Year built: 1976
Property tax: $4,664 / yr
Days on market: 44
MLS®: R3159119

Price check

Below typical for the area (-16%)

2026 assessment: $1,185,200 · asking is -12%
Price per sq ft: $494 vs $585 median for houses in Delta for sale (410)

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.

Property insights

On market 44 days · no price changes so far

The market here

Listed now: 58 days; median for 418 houses for sale; this one 44 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,185,200	$4,803

The listing shows $4,664 a year in property tax.

Estimate: the BC Assessment value times Delta's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,919/mo

Mortgage $4,531 · Tax $389

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

estimated payment

$4,531/ monthly

loan $831,920

25-year amortization

down payment20% · $207,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $527,303
property transfer tax: $18,798; BC general rate
cash to close: $226,778; down + PTT
total paid: $1,359,223

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.

If you rented it out

Suite rent: $1,550/mo
Your cost after the suite: $3,668/mo; vs $5,094 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $4,531 · tax $389 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 341 m² (3,670 sq ft) · PID 004-289-251. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

DeltaGoogle Maps ↗

Location

DeltaGoogle Maps ↗

Schools

Catchment schools, Delta School District 37

Elementary Chalmers Elementaryhomes in this catchment
500 m away · 11315 75 Ave, Delta · 604-594-5437
Secondary Burnsview Secondaryhomes in this catchment
700 m away · 7658 112 St, Delta · 604-594-0491

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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