Condo
$489,900
C101 4831 53 STREET
Delta29 days on market
MLS® R3161829
1 / 31
2 bed · 2 bath · 942 sq ft · 1 parking
Condo · Single Family · built 2007 · 177 days on market
Listed by Gary Badesha, eXp Realty of Canada Inc.
Realtor's description
Welcome to Oliva, an award-winning LEED-certified mixed-use building in the heart of Tsawwassen. This beautifully maintained 2 bed, 2 bath home offers 942 sqft of spacious open-concept living-larger than many of today´s condos. Overlooking the courtyard and shops, it features a gas fireplace, gas stove, gas BBQ hookup, granite countertops, real wood cabinetry, Brazilian slate tile in the kitchen and bathrooms, and 100% wool carpeting in the bedrooms. Complete with high-end stainless steel appliances, 1 parking, and 1 storage locker. Steps to Tsawwassen Town Centre and everyday conveniences. OPEN HOUSE SUNDAY JULY 5TH 2-4PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 942 sq ft
- Parking
- 1
- Year built
- 2007
- Property tax
- $2,228 / yr
- Strata fee
- $407 / mo ($0.43 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 177
- MLS®
- R3111117
Features
- Elevator
- Pets Allowed With Restrictions
Monthly cost
$2,985/mo
Mortgage $2,392 · Tax $186 · Strata $407
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,787/mo
- After all costs
- −$1,376/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,392 · tax $186 · strata $407 · insurance ~$35 · 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
DeltaGoogle Maps ↗
Schools
Catchment schools, Delta School District 37
- Elementary Cliff Drive Elementaryhomes in this catchment
1.0 km 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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