2 bed · 2 bath · 1,365 sq ft · 2 parking
Condo · Single Family · built 2019 · 35 days on market
Listed by Garrett Chu, RE/MAX City Realty
Realtor's description
***Investment Opportunity*** Stunning 2-bed + den penthouse at Tsawwassen Springs! Built in 2019, this 1,330 square ft inside corner unit features soaring vaulted ceilings and an abundance of extra windows that allow additional natural light to pour in. Breathtaking sunsets & views of the North Shore mountains and golf course is an every day luxury, while the chef's kitchen dazzles with quartz countertops, white shaker cabinets & stainless steel appliances. Bonuses include: Wide-plank hardwood floors, geothermal heating & A/C and rare for condo living, this home includes a private, enclosed double garage & ample in-suite storage. Steps from the golf course, driving range, multiple food options & wellness facilities. ***Rented until June 30, 2027 for $3,700 per month.***
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,365 sq ft
- Parking
- 2
- Year built
- 2019
- Property tax
- $3,571 / yr
- Strata fee
- $682 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 35
- MLS®
- R3161544
Features
- Pets Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
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
- −$4,053/mo
- Cap rate
- 0.7%
- yearly net rent ÷ price
Costs: mortgage $4,683 · tax $298 · strata $682 · 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
Schools
Catchment schools, Delta School District 37
- Elementary Cliff Drive Elementaryhomes in this catchment
800 m away · 5025 12 Ave, Delta · 604-943-2244
- Secondary South Delta Secondaryhomes in this catchment
2.0 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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