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$2,290,000

122 GRAHAM DRIVE

Delta · MLS® R3115277

2 bed · 2 bath · 1,450 sq ft · 0 sq ft lot · 1 parking

House · Single Family · built 1965 · 167 days on market

Listed by Marlene Ma, Macdonald Realty Westmar

Realtor's description

Rare opportunity to own a piece of paradise! This prime first-line waterfront lot offers unobstructed, breathtaking ocean views and unparalleled investment potential. All the heavy lifting has been done for you: Geotechnical survey completed, Building Permit (BP) approved, and a full set of architectural drawings are ready to go. The existing residence features a beautifully renovated interior, making it perfectly move-in ready for personal use or a high-yield rental while you finalize your plans. Whether you choose to enjoy the charming updated home now or break ground tomorrow on a brand-new luxury oceanfront estate, this property is a "turn-key" development opportunity. Don't miss out on this rare combination of immediate utility and massive future upside. Your dream coastal lifestyle starts here!

Property details

Type: House, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,450 sq ft
Lot: 0 sq ft
Parking: 1
Year built: 1965
Property tax: $6,336 / yr
Days on market: 167
MLS®: R3115277

Price check

Price per sq ft: $1,579 vs $585 median for houses in Delta for sale (413)

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 167 days

The market here

Listed now: 57 days; median for 413 houses for sale; this one 167 days

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

Monthly cost

$10,505/mo

Mortgage $9,977 · Tax $528

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

estimated payment

$9,977/ monthly

loan $1,832,000

25-year amortization

down payment20% · $458,00020%+ 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: $1,161,193
property transfer tax: $46,700; BC general rate
cash to close: $504,700; down + PTT
total paid: $2,993,193

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.

Location

DeltaGoogle Maps ↗

Location

DeltaGoogle Maps ↗

Schools

Catchment schools, Delta School District 37

Elementary English Bluff Elementaryhomes in this catchment
700 m away · 402 English Bluff Rd, Delta · 604-943-0201
Secondary South Delta Secondaryhomes in this catchment
1.6 km 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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