1291 MALIBU PLACE

Delta · MLS® R3140475

3 bed · 3 bath · 1,220 sq ft · 8,611 sq ft lot · 6 parking

House · Single Family · built 1967 · 103 days on market

Listed by Ben McRae, Angell, Hasman & Associates Realty Ltd.

Realtor's description

Prime Tsawwassen Development Site - 24 Townhomes. Rare opportunity to develop 24 modern townhomes in a prime location. Tsawwassen, along with the rest of Metro Vancouver, is entering a new era of residential density. This development site presents an exceptional opportunity to build 24 modern townhomes in a rapidly evolving community. This is a rare opportunity to participate in Tsawwassen´s next chapter of thoughtful, sustainable growth.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,220 sq ft
Lot: 8,611 sq ft
Parking: 6
Year built: 1967
Property tax: $5,247 / yr
Days on market: 103
MLS®: R3140475

Price check

2026 assessment: $1,353,600 · asking is +48%
Price per sq ft: $1,639 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 103 days · no price changes so far

The market here

Listed now: 57 days; median for 413 houses for sale; this one 103 days

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

Monthly cost

$9,151/mo

Mortgage $8,714 · Tax $437

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

estimated payment

$8,714/ monthly

loan $1,600,000

25-year amortization

down payment20% · $400,00020%+ 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: $1,014,142
property transfer tax: $38,000; BC general rate
cash to close: $438,000; down + PTT
total paid: $2,614,142

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 Cliff Drive Elementaryhomes in this catchment
800 m away · 5025 12 Ave, Delta · 604-943-2244
Secondary South Delta Secondaryhomes in this catchment
1.2 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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