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$1,499,000

206 6505 3 AVENUE

Delta · MLS® R3151286

All units at 6505 3 Ave →

2 bed · 3 bath · 1,935 sq ft · 4 parking

Townhouse · Single Family · built 1992 · 71 days on market

Listed by Stefan Geffke, Royal LePage Regency Realty

Realtor's description

Welcome to Monterra, a beautifully landscaped gated community by the sea in Boundary Bay. This spacious south-facing executive rancher-style townhome/half duplex offers 1,935 sq.ft. of elegant 1-level living with 2 bedrooms, 2.5 baths. Nestled in the quiet corner of the complex, with lagoon views from the front. Numerous updates incl. hardwood flooring & carpeting throughout, updated ensuite bathroom, new appliances & updated kitchen, paint, new combi-boiler with hot water on demand, built in closet cabinetry, California shutters, & more! Enjoy resort-style amenities including an indoor pool, sauna, gym, library, & clubhouse. Just steps to Boundary Bay, Centennial Beach trails, & vibrant Southlands Market Centre with cafés, Four Winds restaurant, & farmers markets. Coastal living at its finest!

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 3
Living area: 1,935 sq ft
Parking: 4
Year built: 1992
Property tax: $5,443 / yr
Strata fee: $742 / mo ($0.38 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 71
MLS®: R3151286

Buying in a building from 1982 to 2000: what to read first

Features

Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

2026 assessment: $1,542,000 · asking is -2.8%
Price per sq ft: $775 vs $573 median for townhouses in Delta for sale (74)

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 71 days · no price changes so far

The market here

Listed now: 51 days; median for 75 townhouses for sale; this one 71 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,542,000	$6,248

The listing shows $5,443 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

$7,727/mo

Mortgage $6,531 · Tax $454 · Strata $742

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

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ 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: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

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: $1,787/mo
After all costs: −$6,258/mo
Cap rate: 0.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,531 · tax $454 · strata $742 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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: 80,328 m² (864,643 sq ft) · PID 018-285-741. 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 South Park Elementaryhomes in this catchment
2.5 km away · 735 Gilchrist Dr, Delta · 604-943-1105
Secondary South Delta Secondaryhomes in this catchment
2.7 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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