Condo
$489,900
C101 4831 53 STREET
Delta28 days on market
1 bd1 ba808 sq ft
MLS® R31618291 / 27
$449,000
318 1120 TSATSU SHORES DRIVE
Delta · MLS® R3135501
1 bed · 1 bath · 676 sq ft · 1 parking
Condo · Single Family · built 1996 · 117 days on market
Listed by Alison Steen, The Agency White Rock
Realtor's description
Rare opportunity to own a beautifully maintained 1-bedroom, 1-bathroom Top-floor corner/end home in the highly desirable waterfront community of Tsatsu Shores. This bright and inviting residence features a cozy gas fireplace and a spacious 228 sq. ft. covered patio surrounded by mature greenery and stunning North Shore mountain views. Enjoy the tranquility of Tsawwassen's only direct Oceanfront strata while being just minutes from Tsawwassen Mills, golf courses, local markets, BC Ferries, and only 45 minutes from downtown Vancouver. Perfect for downsizers, first-time buyers, or investors. Pet and rental friendly. Includes 1 parking stall and 1 storage locker. Embrace the best of West Coast Waterfront living.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 676 sq ft
- Parking
- 1
- Year built
- 1996
- Property tax
- $1,875 / yr
- Strata fee
- $365 / mo ($0.54 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 117
- MLS®
- R3135501
Features
- Treed
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- All
Monthly cost
$2,477/mo
Mortgage $1,956 · Tax $156 · Strata $365
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
- $1,550/mo
- After all costs
- −$1,086/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $1,956 · tax $156 · strata $365 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
1.3 km away · 5025 12 Ave, Delta · 604-943-2244
- Secondary South Delta Secondaryhomes in this catchment
2.1 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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