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$399,920

411 2463 RABBIT DRIVE

Tsawwassen · MLS® R3094320

1 bed · 1 bath · 551 sq ft · 1 parking

Condo · Single Family · built 2025 · 222 days on market

Listed by Allison Lafrenier, Rennie & Associates Realty Ltd.

Realtor's description

Welcome to this beautifully appointed one-bedroom + den condo located at Salt & Meadow by Aquilini, a sought-after waterfront community. This bright and spacious residence offers an open-concept layout, a versatile den perfect for a home office or additional storage, and serene surroundings just steps from the water. Enjoy resort-style amenities at the Beach House including a sparkling pool, Jacuzzi, fitness center, clubhouse, and lush landscaped grounds - all designed to elevate your everyday living. Relax at home or take advantage of the vibrant community features and waterfront trails, this is waterfront living at its finest. Photos are representational only

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 551 sq ft
Parking: 1
Year built: 2025
Strata fee: $408 / mo ($0.74 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 222
MLS®: R3094320

Features

Elevator
Wheelchair access
Pets Allowed
Rentals Allowed With Restrictions
All

Price check

Typical for the area (+4.9%)

Price per sq ft: $726 vs $692 median for condos in Tsawwassen for sale (40)

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 222 days

The market here

Listed now: 81 days; median for 40 condos for sale; this one 222 days

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

Monthly cost

$2,150/mo

Mortgage $1,742 · Strata $408

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

estimated payment

$1,742/ monthly

loan $319,936

25-year amortization

down payment20% · $79,98420%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $202,788
property transfer tax: $5,998; BC general rate
cash to close: $85,982; down + PTT
total paid: $522,724

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: $1,550/mo
After all costs: −$759/mo
Cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,742 · strata $408 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Tsawwassen (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

TsawwassenGoogle Maps ↗

Location

TsawwassenGoogle Maps ↗

Schools

Catchment schools, Delta School District 37

Elementary Ladner Elementaryhomes in this catchment
4.1 km away · 5016 44 Ave, Delta · 604-946-4158
Secondary Delta Secondaryhomes in this catchment
4.6 km away · 4615 51 St, Delta · 604-946-4194

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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