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$849,000

402 5500 13A AVENUE

Delta · MLS® R3028685

2 bed · 2 bath · 1,948 sq ft · 1 parking

Condo · Single Family · built 1994 · 448 days on market

Listed by Eugene Knoedler, RE/MAX City Realty

Realtor's description

Spacious 1,948 sq.ft. penthouse in the prestigious Shaugnessy -Carl Jensen building. This home offers a luxurious primary suite with a spa-inspired ensuite, a walk-in closet large enough to feel like its own room, and a private deck to enjoy your morning coffee. The generous second bedroom is ideal for guests or a home office. A bright, open kitchen flows into the family room with vaulted ceilings and access to a second balcony. Hardwood floors and expansive rooms easily accommodate house-sized furniture. Perfect for those seeking a low-maintenance lifestyle with no outdoor upkeep. All this in a highly walkable, central location close to shops, restaurants, and everyday amenities. 45yr Roof (2014) Roof and new domestic PEX piping 2017.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,948 sq ft
Parking: 1
Year built: 1994
Property tax: $3,984 / yr
Strata fee: $905 / mo ($0.46 / sq ft)
Strata rules: Adult Oriented, Pets Allowed With Restrictions
Days on market: 448
MLS®: R3028685

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

Features

Central location
Elevator
Adult Oriented
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-26%)

2026 assessment: $1,126,000 · asking is -25%
Price per sq ft: $436 vs $591 median for condos in Delta for sale (111)

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 448 days · no price changes so far

The market here

Listed now: 56 days; median for 111 condos for sale; this one 448 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,126,000	$4,563
2025	$1,211,000	$4,534

Estimated tax up 0.6% from 2025 to 2026.

The listing shows $3,984 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

$4,936/mo

Mortgage $3,699 · Tax $332 · Strata $905

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

estimated payment

$3,699/ monthly

loan $679,200

25-year amortization

down payment20% · $169,80020%+ 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: $430,503
property transfer tax: $14,980; BC general rate
cash to close: $184,780; down + PTT
total paid: $1,109,703

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: −$3,327/mo
Cap rate: 0.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,699 · tax $332 · strata $905 · 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

The building's lot: 1,583 m² (17,039 sq ft) · PID 018-887-686. 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 Cliff Drive Elementaryhomes in this catchment
1000 m away · 5025 12 Ave, Delta · 604-943-2244
Secondary South Delta Secondaryhomes in this catchment
1.3 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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