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$948,000

15 7867 120 STREET

Delta · MLS® R3123229

4 bed · 4 bath · 2,002 sq ft · 2 parking

Townhouse · Single Family · built 2010 · 149 days on market

Listed by Henry So, RE/MAX Crest Realty

Realtor's description

Delta's Point. Seldom available 4 bedroom 4 baths BACK UNIT offers 2,000sf of house-like spacious living on 3 levels. Living & dining areas feature airy 9' ceiling & crown-moldings plus a gas fireplace for the cozy ambience. The area can easily accommodate house-sized furniture. The large balcony just off the living room is perfect for the BBQ. Kitchen features granite countertops with undermount sink, maple shaker cabinets & stainless steel appliances. There is even a window in front of the kitchen sink. Primary bedroom has a large walk-in-closet plus a 5 pc ensuite bathroom. The 4th bedroom/flex room on the ground floor has a 3 piece ensuite with separate entrance that opens to the private fenced backyard. Side-by-side double garage. Steps to shopping & transit. Super convenient location.

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 2,002 sq ft
Parking: 2
Year built: 2010
Property tax: $3,499 / yr
Strata fee: $460 / mo ($0.23 / sq ft)
Strata rules: Rentals Allowed
Days on market: 149
MLS®: R3123229

Features

Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove
Dryer

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-17%)

2026 assessment: $984,000 · asking is -3.7%
Price per sq ft: $474 vs $571 median for townhouses in Delta for sale (75)

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 149 days · no price changes so far

The market here

Listed now: 51 days; median for 76 townhouses for sale; this one 149 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$984,000	$3,987

The listing shows $3,499 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

$4,882/mo

Mortgage $4,130 · Tax $292 · Strata $460

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

estimated payment

$4,130/ monthly

loan $758,400

25-year amortization

down payment20% · $189,60020%+ 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: $480,704
property transfer tax: $16,960; BC general rate
cash to close: $206,560; down + PTT
total paid: $1,239,104

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: $2,950/mo
After all costs: −$2,343/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,130 · tax $292 · strata $460 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom 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

The building's lot: 2,853 m² (30,709 sq ft) · PID 028-434-595. 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 Jarvis Elementaryhomes in this catchment
400 m away · 7670 118 St, Delta · 604-594-3484
Secondary North Delta Secondaryhomes in this catchment
1.3 km away · 11447 82 Ave, Delta · 604-596-7471

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.

Development nearby

Rezoning
330 m away · 2025 · concluded
Rezoning amendment to Comprehensive Development Zone (CD) Bylaw no. 16429 to permit the use of an eating establishment within an existing commercial service building

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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