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$735,000

15 19538 BISHOPS REACH

Pitt Meadows · MLS® R3111896

2 bed · 2 bath · 1,258 sq ft · 2 parking

Townhouse · Single Family · built 2009 · 176 days on market

Listed by Alex Sito, One Percent Realty Ltd.

Realtor's description

A rare opportunity in sought-after Osprey Village, this beautifully maintained townhome is just steps from the river walk and boutique shops. This bright 2 bed + Den home offers a unique Fraser River view from the living room and balcony, along with scenic mountain view from the modern gourmet kitchen. Enjoy open concept living with updated stainless steel appliances, new fridge, fresh paint, new carpeting throughout and upgraded tile flooring on the lower level and low strata fees. A perfect blend of lifestyle, comfort, and location in one of Pitt Meadows' most charming communities. Call for your private showing today!

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,258 sq ft
Parking: 2
Year built: 2009
Property tax: $4,456 / yr
Strata fee: $336 / mo ($0.27 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 176
MLS®: R3111896

Features

Central location
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+17%)

2026 assessment: $733,000 · asking is +0.3%
Price per sq ft: $584 vs $499 median for townhouses in Pitt Meadows for sale (27)

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 176 days · no price changes so far

The market here

Listed now: 30 days; median for 27 townhouses for sale; this one 176 days

Townhouses in Pitt Meadows. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$733,000	$3,388

The listing shows $4,456 a year in property tax.

Estimate: the BC Assessment value times Pitt Meadows'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

$3,910/mo

Mortgage $3,202 · Tax $371 · Strata $336

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

estimated payment

$3,202/ monthly

loan $588,000

25-year amortization

down payment20% · $147,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $372,697
property transfer tax: $12,700; BC general rate
cash to close: $159,700; down + PTT
total paid: $960,697

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

Rent: $1,653/mo
After all costs: −$2,564/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,202 · tax $371 · strata $336 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Pitt Meadows (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